Compound The Island New Capital is a residential project by EGYGAB Developments, built across 36 acres on plot L2 inside the Eighth Residential District (R8) of the New Administrative Capital. The project earns its name from a single design decision that few of its R8 neighbors share: the land is split into four separate residential islands divided by artificial lakes and water channels. That layout pushes water and green views onto roughly 85% of the units, a coastal logic dropped into the middle of a desert city, and it is the reason the compound reads differently from the standard tower-and-courtyard scheme around it.

The plot itself adds scarcity to the story. L2 is described as the last plot still available for allocation in R8, the medium to upper-medium housing belt that runs alongside the city’s Green River. Units start from EGP 5,450,000 with a price per meter from EGP 41,000, on payment plans stretching to 12 years against a 5% down payment. This page sets out the masterplan, the unit mix, the exact prices and installment terms, the finishing and delivery position, and a grounded read on who the project actually fits.

The four-island idea: what makes the masterplan of Compound The Island New Capital different

The masterplan of Compound The Island New Capital divides the project’s 151,200 m² into four independent residential islands. Artificial lakes and water channels run between them, so each cluster of units becomes a gated neighborhood unit with its own privacy, while the water surfaces and green spaces stay as the visual and walking link across all four islands. The facades inside the project were designed by SGA design office, which used a modern architectural language of light, neutral tones with an interplay of glass and timber elements rather than traditional ornament.

The split serves two goals at once. It raises water-facing views to 85% of all units, because every island is surrounded by water on more than one side, and it lowers the visual density inside each island. Instead of one heavy building mass sitting on 36 acres, a resident looks out from the balcony onto water and greenery rather than the wall of the next block. Inside each unit, the living spaces, the reception and the sitting room, are positioned to take the primary view onto the lake or the garden, which turns the 85% figure into a daily-use reality rather than a catalog number.

Location: plot L2 in R8, beside the Green River

The project sits on plot L2 inside the Eighth Residential District (R8) of the New Administrative Capital, the last plot open for allocation in that district. R8 occupies the heart of the city’s medium to upper-medium residential zone and borders the Green River directly, which gives units a visual extension onto the central park that runs through the capital. The district is still in active development, which is the trade-off behind its lower entry pricing and its later handover horizon.

Connectivity is the second half of the location case. The site links directly to two main arteries, the Regional Ring Road and the Mohamed bin Zayed Axis, which bring the Government District and its ministries, along with the Central Business District (CBD), within minutes by car. The same road network places the project a short drive from the New Capital International Airport, the airport serving the new city and its travelers. A nearby monorail station adds a public-transport option into the wider corridor.

Landmarks around the compound

The Green River and the central park of the New Administrative Capital, directly adjacent to R8.
The Government District and the ministerial headquarters of the New Administrative Capital.
The Central Business District (CBD) and the financial and business hub.
Universities and education centers inside the New Administrative Capital.
The New Capital International Airport.
The Regional Ring Road and the Mohamed bin Zayed Axis.

The project neighbors other residential developments in the same district, most notably Lumia Lagoons New Capital by Dubai for Real Estate Development, alongside Stone Capital Mall New Capital. That immediate context builds a working residential and service network around the site rather than leaving it isolated, and R8 comparables such as Canyon 8 and Ray Residence set the local price benchmark the project competes against.

The developer: EGYGAB Developments

The project was developed by EGYGAB Developments, an Egyptian company founded in 1977 under the leadership of Eng. Samir Gaballah. The Island is the company’s first project inside the New Administrative Capital, and a track record that stretches across more than four decades becomes a genuine factor when a buyer weighs delivery risk, particularly in a market that many newer developers entered only in the past ten years.

EGYGAB holds an earlier portfolio in El Shorouk City, the Fifth Settlement in New Cairo, and the North Coast. That portfolio spans three different urban settings, an established new city, the east of Cairo, and a coastal resort, which signals the company can develop and hand over more than one product type rather than a single repeated pattern. With The Island, EGYGAB carried that experience into the newest of the New Republic generation of cities.

Unit types and sizes

EGYGAB split the residential density inside the project at 70% apartments and 30% townhouses. Apartments range between two and three bedrooms, the townhouses target families looking for wider space and a private garden, and a three-bedroom duplex was added as a middle step between the apartment and the townhouse on both size and price. The table below sets out the types, sizes, prices, and average price per meter.

Unit type	Bedrooms	Area (m²)	Price (EGP)	Avg. price/m² (EGP)
Apartment	2	125	5,450,000, 7,079,000	49,500
Apartment	3	147, 177	6,470,000, 10,259,000	48,500
Duplex	3	238	9,700,000	41,000
Townhouse	3	244, 248	18,996,000, 22,905,000	83,000

Two-bedroom apartments: sizes start from 125 m², aimed at newly married couples and small families looking for a first unit inside the capital.
Three-bedroom apartments: sizes run from 147 m² to 177 m², the best fit for mid-sized families who want a water view within a budget below the townhouse tier.
Three-bedroom duplexes: at 238 m², they give two floors inside a single unit, an alternative to the townhouse for buyers who prefer a high-rise building over a standalone villa.
Three-bedroom townhouses: sized from 244 to 248 m², with a private garden and a direct view onto the water surfaces, the highest-priced tier inside the project.

What is the price per meter at Compound The Island New Capital?

The price per meter at Compound The Island New Capital starts from EGP 41,000 and varies by unit type. Apartments average around EGP 48,500 to 49,500 per meter, while townhouses average EGP 83,000 per meter. Prices are updated for 2026 and shift with each phase release, unit position across the four islands, and the view.

Payment and installment plans

EGYGAB offers buyers two main installment systems, both built on a low 5% down payment and a long repayment period between 10 and 12 years, which keeps the monthly installment competitive against capital compounds that ask for higher down payments. The two plans differ only in the repayment span.

Plan one: 5% down payment of the unit value, with the balance installed over 10 years.
Plan two: 5% down payment, with the balance installed over 12 years, the longest repayment span available inside the project.

The reservation deposit starts from EGP 50,000 for apartment units and reaches EGP 100,000 for townhouse units, and it is fully refundable if the contracting steps are not completed. That refundable condition matters legally for the buyer, because it separates the viewing reservation from the final contract and leaves room to review the terms booklet before paying the actual down payment.

Finishing and delivery

All units in the project, the apartments, duplexes, and townhouses alike, are handed over semi-finished. That covers full plastering, external doors and windows, ceramic flooring in the wet areas, and ready electricity and drainage connections. The final floor finishes for the reception and bedrooms, the kitchen, and the interior decor elements remain the buyer’s choice. The system lowers the final price compared with a fully finished handover and lets the buyer spend the finishing budget at the level that suits them.

On delivery timing, R8 is still under development, so the district’s projects carry later handover dates rather than ready units. A buyer who needs immediate occupancy should weigh that against the entry price and the payment span, since the value here is priced for a buyer comfortable waiting through the construction phase.

Amenities and services

The amenities are distributed to serve the four islands together, with the larger sports and leisure facilities grouped at shared points and the daily-use facilities placed close to each residential island. The developer’s announced services include the following.

Clubhouse: free access for residents for a limited period after handover, with social and sports services.
Main swimming pool: centered on one of the residential islands and serving the compound’s residents.
Mosque: inside the project, within a short walk of most units.
Kids play area: fitted with safe equipment and spread across more than one island.
Padel court: built to modern specifications for the sport’s growing local following.
Football pitch: inside the project for residents’ use.
Water features: the artificial lakes and the water channels between the islands, the central design element of the compound.
Green spaces and gardens: covering a large share of the masterplan alongside the water surfaces.
Integrated security: security personnel and surveillance cameras on a 24/7 system, with controlled entry gates.

Investment analysis

Three factors converge in the project and bear directly on its investment value: a position inside a plot described as the last available in R8, which is supply scarcity; a developer with a record stretching back to 1977, which lowers delivery risk; and a rare design built on four islands with 85% water views, which differentiates it from competitors in the same district. Each factor on its own is common in the market, but the combination of all three inside one R8 plot is harder to assemble.

On price, the apartment average runs between EGP 48,500 and 49,500 per meter, while the townhouse average sits at EGP 83,000 per meter. Set against neighboring R8 projects launched in 2026, such as Lumia Lagoons, Canyon 8, and Ray Residence, the project stays inside the district’s competitive band despite the water-view element across most of its units. That balance between a competitive price and a clear point of difference is what most supports the investment case.

On buyer fit, the project clearly suits three segments. A first-home buyer chasing a distinctive view on a mid-range budget can enter at the 125 m² apartment on the 12-year plan. An investor can target a unit with a solid expected rental value in a government-adjacent district near the ministries. A family can choose a townhouse with a private garden inside the capital instead of the higher-cost standalone villa. By contrast, the project is a weaker fit for a buyer who needs immediate handover, since R8 projects are still in development with later delivery dates. This analysis is for guidance only and is not investment advice.

Frequently asked questions about Compound The Island New Capital

What is the price per meter at The Island?

The price per meter at Compound The Island New Capital starts from EGP 41,000 and depends on the unit type. The apartment average runs about EGP 48,500 to 49,500 per meter, and the townhouse average reaches EGP 83,000 per meter. Prices are updated for 2026 and change with each phase release.

Where is The Island located?

Compound The Island New Capital sits on plot L2 inside the Eighth Residential District (R8) of the New Administrative Capital, the last plot available in the district. The location connects to the Regional Ring Road and the Mohamed bin Zayed Axis, and it sits close to the Green River, the Government District, and the New Capital International Airport.

How big is The Island in acres?

Compound The Island New Capital spans 36 acres, equal to roughly 151,200 m². The area is divided into four separate residential islands set apart by water surfaces, and 85% of the units overlook water or green spaces within the masterplan, which is the project’s defining design feature.

What are the payment plans at The Island?

Compound The Island New Capital offers two installment plans: a 5% down payment with the balance over 10 years, or a 5% down payment with the balance over 12 years. The reservation deposit starts from EGP 50,000 for apartments and reaches EGP 100,000 for townhouses, fully refundable before contracting.

Who is the developer of The Island?

Compound The Island New Capital was developed by EGYGAB Developments, an Egyptian company founded in 1977 under Eng. Samir Gaballah, with earlier projects in El Shorouk City, the Fifth Settlement, and the North Coast. The Island is EGYGAB’s first project inside the New Administrative Capital.

What finishing do The Island units come with?

Compound The Island New Capital hands over all units semi-finished, covering full plastering, external doors and windows, and ready electricity and drainage connections. The final flooring, kitchen, and decor elements stay the buyer’s choice, which lowers the final price and leaves room to tailor the finish to personal taste.

Why Compound The Island New Capital is worth a viewing

Compound The Island New Capital brings together three elements that rarely sit in one compound: a rare four-island plan with water surfaces that lifts distinctive views to 85% of units, a position inside the last available plot in R8 beside the Green River, and a developer with a record since 1977 that lowers delivery risk. Starting from EGP 5,450,000 with a price per meter from EGP 41,000, the project lands inside the budget of a wide band of buyers and investors in the 2026 capital market. To check the latest prices, unit availability across each island, or to arrange a viewing, reach out through the contact form on this page.

Compound The Island New Capital

About the Project