The Red Residence New Cairo is a hotel serviced boutique compound developed by ABM Developments, the group registered as Al Borouj Misr Developments, inside the Golden Square district of New Cairo. The scheme places only 320 units on 6 acres and caps every building at a ground floor plus three storeys, which keeps the community deliberately small and low rise. That density decision, rather than the address alone, is what separates it from the larger apartment compounds around it.
Studios open the price list at EGP 6,660,000, and units are handed over fully finished to a hotel standard that already includes central air conditioning and smart lighting. A 10% down payment with equal installments over 8 years without interest keeps the entry barrier low, and a professional hotel management arm runs the property after handover. The release therefore aims at two buyers at once: the individual who wants a serviced home behind Maadi Club, and the investor who wants a unit that can be let from the day it is received.
A boutique residence built at 320 units on 6 acres
The masterplan distributes 320 units across roughly 20 low rise buildings, according to the project’s published materials, none of them exceeding a ground floor and three repeated storeys. Architect Raef Fahmy signed the design, and the small building count on 6 acres leaves wider setbacks between blocks than a standard New Cairo apartment compound achieves. Every unit consequently keeps an open outlook instead of facing a neighboring facade at close range.
The elevations combine glazed frontages with a restrained palette of beige, grey and timber accents, and the window openings run tall to pull daylight deep into the plans. Landscaped strips, water features and open walkways take the larger share of the site against a limited building footprint. The visual outcome sits closer to a gated resort than to a conventional compound, which is exactly the brief behind the boutique residence philosophy.
Low density also carries a practical consequence for owners. Fewer apartments per building means fewer shared cores, lighter pressure on lifts and parking bays, and a smaller resident population for the facility team to serve. It equally means the supply of units is fixed and small, which is the mechanism behind the scarcity argument that runs through the rest of this page.
Where is The Red Residence New Cairo, and what surrounds it?
The Red Residence New Cairo sits inside Golden Square, directly behind Maadi Club and facing the Lake View boutique villas in the Fifth Settlement. The American University in Cairo lies about 10 minutes away, while South 90th Street, Suez Road and the Ring Road sit minutes from the gate, with the New Administrative Capital reachable on the same axes.
Golden Square takes its name from the pocket of New Cairo enclosed by the major clubs and the 90th Street corridor, an area where land releases largely stopped years ago and new launches are now rare. Positioning the compound behind Maadi Club places it inside an established residential grain rather than on an undeveloped edge, so the surrounding streets, services and neighbors already exist. The Suez Road and Ring Road connections then carry residents toward Nasr Road, Heliopolis and the New Administrative Capital without crossing the congested interior of the Fifth Settlement.
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Daily services sit within a short drive of the gate. Cairo Festival City and Point 90 Mall cover retail and dining, Future University in Egypt and the American University in Cairo cover education, and Al Ahly Club, Wadi Degla Club and Maxim Mall cover sport and leisure. The Lotus, Andalus and Karnfel districts supply the everyday shops, pharmacies and clinics that a 320 unit scheme cannot realistically host inside its own gates.
The immediate neighbors matter for resale pricing more than any marketing claim does. 97 Hills Compound and Najm Compound sit alongside it in New Cairo, Mivida anchors the wider district, and Madinaty together with Mostakbal City extends the growth corridor eastward. Buying inside an already priced neighborhood removes much of the guesswork about what a finished unit will be worth later, because comparable transactions exist within a few minutes of the plot.
Unit types, sizes and layouts on offer
The unit mix is deliberately narrow. Studios open at 44 m², one bedroom hotel apartments measure 91 m², and two bedroom hotel apartments start at 145 m². No villas, townhouses or twin houses appear in the release, a choice consistent with a serviced residence operating model rather than with a family compound.
| Unit type | Bedrooms | Size (m²) | Installment price (EGP) | Average per m² (EGP) |
|---|---|---|---|---|
| Studio and hotel apartment | Studio to 1 | 44 to 91 | 6,660,000 to 13,662,000 | 149,000 |
| Hotel apartment | 2 | 145 | 17,623,000 to 20,633,000 | 133,500 |
Studios at 44 m² suit individuals, professionals on rotation and business travelers who want a compact address with a full service layer behind it. The 91 m² one bedroom apartments give a working couple a separate living room without stepping into family sized pricing. At 145 m², the two bedroom apartments are the only layouts that comfortably serve a small family, and they are also the units most exposed to the upper end of the price range.
Open kitchens, wide window openings and cross ventilation define the internal planning across all three formats, which is what makes the smaller layouts workable rather than cramped. Because the release excludes larger standalone formats, a buyer looking for 200 m² and above will not find a match here. That constraint is worth acknowledging before booking a viewing rather than after it.
How much does The Red Residence New Cairo cost per meter?
Prices at The Red Residence New Cairo start at EGP 6,660,000 for a studio, and the developer quotes average installment rates of EGP 149,000 per meter for the studio and one bedroom bracket and EGP 133,500 per meter for the two bedroom bracket. The lowest rate the published prices produce is about EGP 121,500 per meter, at the entry end of the two bedroom bracket. Figures are updated for 2026 and remain subject to change.
The published installment ranges run from EGP 6,660,000 to EGP 13,662,000 across the 44 to 91 m² bracket, and from EGP 17,623,000 to EGP 20,633,000 for the 145 m² two bedroom apartments. Those are launch prices quoted under the installment schedule, and the developer applies a special discount during the launch window. Prices move with company policy and market conditions, so the figure confirmed at reservation is the only one that binds.
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Read against the surrounding Golden Square stock, the per meter rate reflects two things the headline ticket does not show. The first is full hotel grade finishing already inside the unit, which removes a finishing budget that typically adds a meaningful share on top of a core and shell purchase in the same district. The second is the operating layer, because a managed unit carries a different income profile from a bare apartment of identical size on the same street.
Payment plan, down payment and reservation deposit
The payment structure is short on conditions and long on term, which is the point of it. The developer built the schedule around a low cash entry on an already finished asset, so the buyer is not funding construction and a fit out budget in parallel.
- Down payment: 10% of the unit value.
- Installments: equal payments spread over up to 8 years, without interest.
- Reservation deposit: EGP 100,000, refundable, which holds a selected unit ahead of the full launch.
- Price basis: the ranges above are 2026 installment prices, with a launch discount applied during the release period.
- Finishing cost: none, since units are handed over fully finished with central air conditioning installed.
A 10% entry on a fully finished unit compares favorably with core and shell products in the same district, where the buyer funds both the down payment and a finishing package within the first two years of the contract. Some circulating sources describe a 9 year schedule instead of 8, so the term should be confirmed in writing before contracting. Payment structures at launch stage are revised periodically, and only the signed reservation form reflects the current one.
Finishing specification and the 2027 handover
Units at The Red Residence New Cairo are delivered fully finished to a super lux hotel specification covering central air conditioning, smart lighting and premium materials throughout. Available sources indicate handover at roughly two years from contract, placing delivery in the region of 2027.
Delivering with the air conditioning and lighting already installed changes the ownership timeline in a measurable way. An owner can move in or list the unit for rent on the handover date instead of spending a further six to twelve months and a separate budget on fit out. For an investor, that is the difference between an asset that starts earning on delivery and one that stays idle through a finishing cycle.
The delivery date carries a caveat worth stating plainly. The project record gives 2027, several circulating sources point to 2028, and no explicit official handover date appears in the primary source material. Ask the developer for the contractual handover date and for any delay compensation clause, then read both from the reservation contract rather than from a brochure.
Amenities, services and the hotel management layer
Amenities here are grouped around the serviced residence idea rather than around a large family compound program. The list is complete for the scale of the site without pretending to the acreage of a 200 acre development.
- Green spaces and landscaping running through the site, giving each unit a natural outlook
- A retail strip with shops, restaurants and cafes covering daily needs without leaving the gate
- Multi level swimming pools designed to a hotel specification
- A social club and spa
- A fully equipped gym
- A landscaped jogging and cycling track planted with trees
- A children’s play area built to safety standards
- Covered underground garages, secured, one per building
- A 24/7 security system with modern surveillance and electronic gates
- Luxury lobbies and reception lounges
- Professional hotel management handling unit maintenance and service quality after handover
The management layer is the item that genuinely separates this scheme from a conventional compound. Placing unit maintenance and service standards under a hotel operator turns the apartments into serviced stock that can be let on hotel terms, and it protects the finishing quality the buyer paid for at handover. Underground parking for each building also keeps cars off the landscape, which preserves the open frontage the whole design depends on.
ABM Developments and the portfolio behind the project
The developer is ABM Developments, registered under the full name Al Borouj Misr Developments. Its portfolio spans New Cairo, the New Administrative Capital, the North Coast and Ain Sokhna, and it leans toward commercial and hospitality assets rather than purely residential ones.
In New Cairo the company delivered FCC Mall in the Fifth Settlement. In the New Administrative Capital it holds Sixty Three Mall, Sixty Iconic Tower and 3 Point Mall. On the coast it operates the Heaven Hills resorts in the North Coast and in Ain Sokhna. That combination of retail assets and resort operation explains why this residence is structured as serviced stock with a management contract attached, instead of being sold and handed over as bare apartments.
For a buyer, an operator background is a practical signal rather than a marketing one. A company that already runs malls and resorts has an existing service and maintenance function in place, and that is precisely the capability a branded residence needs on the day after handover. The relevant question at contract stage is the length and the terms of that management agreement, not the developer’s brochure language about luxury.
Who The Red Residence New Cairo suits, and who it does not
The investment case rests on facts already stated above. A fixed supply of 320 units on 6 acres inside a district where new land releases have effectively stopped creates genuine scarcity, and scarcity inside Golden Square has historically supported resale values. Full finishing combined with an operating contract makes the unit lettable from handover, which opens a rental income stream alongside any capital appreciation.
The plan structure supports the same case from the cash side. A 10% down payment on a finished unit spreads the buyer’s exposure across eight years while the asset itself is already complete, and a refundable EGP 100,000 deposit keeps the initial commitment small. Those terms suit a buyer who wants a Golden Square address without a large upfront outlay, and they suit an investor comparing entry cost against expected rent more than they suit a cash purchaser.
The profile does not fit everyone, and the honest version of that matters. Buyers who want a standalone villa, a townhouse or any layout above 145 m² will not find one in this release, and families needing three or more bedrooms are outside it entirely. The same small unit count that creates the scarcity also limits choice at booking, so a specific floor, orientation or view may simply be unavailable by the time a buyer decides. This analysis is guidance only and is not investment advice.
What to verify with the developer before signing
Public sources on this project disagree on several numbers, and the gaps are wide enough to affect a purchase decision. Listing the open points is more useful to a buyer than repeating a single figure with false confidence.
- Plot area: the project record states 6 acres, while other published figures describe roughly 4.7 feddans. Request the licensed plot area.
- Installment term: 8 years appears in the primary record and 9 years in some listings. Confirm the term on the reservation form.
- Handover: 2027 in the project record, 2028 in other sources, with no explicit official date published anywhere.
- Entry price: this page follows the published table, which opens the smallest bracket at EGP 6,660,000 for 44 m². Other circulating material quotes EGP 6,600,000 at 46 m² instead, so ask which price sheet is current.
- Per meter rate: EGP 133,500 is the average for the two bedroom bracket, whose published prices run from about EGP 121,500 to EGP 142,300 per meter, so request a per unit price list.
None of these points is unusual for a project still inside its launch window, where price sheets and schedules get revised as phases release. They matter because a buyer comparing this residence against a neighboring Golden Square compound needs the same set of figures on both sides of the comparison. Asking for the licensed area, the contractual handover date and a per unit price list settles all five in a single conversation with the sales team.
Frequently asked questions from buyers
How big is The Red Residence New Cairo and how many units does it have?
The Red Residence New Cairo occupies 6 acres and holds 320 units in total, distributed across roughly 20 buildings of a ground floor plus three storeys. Other published sources cite an area closer to 4.7 feddans, so confirm the licensed plot area directly with the developer.
Are there villas in The Red Residence New Cairo?
The Red Residence New Cairo releases studios and hotel apartments only, with no villas, townhouses or twin houses in the mix. Sizes run from 44 m² studios up to 145 m² two bedroom apartments, all handed over fully finished under a hotel management contract.
How much is the reservation deposit at The Red Residence New Cairo?
The reservation deposit at The Red Residence New Cairo is EGP 100,000 and it is refundable. Paying it holds a selected unit ahead of the full launch, after which the buyer completes a 10% down payment and settles the balance over 8 years without interest.
When does The Red Residence New Cairo deliver?
The Red Residence New Cairo is indicated for handover about two years from contract, which places delivery near 2027 with fully finished units including central air conditioning. Some sources cite 2028 and no explicit official date is published, so confirm the contractual handover date.
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What is the price per meter at The Red Residence New Cairo?
The price per meter at The Red Residence New Cairo is quoted at an average of EGP 149,000 for studios and one bedroom units, and EGP 133,500 for the 145 m² two bedroom bracket, whose entry unit works out at about EGP 121,500 per meter. Rates are updated for 2026 and stay subject to developer policy.
The verdict on this Golden Square residence
The Red Residence New Cairo trades scale for scarcity. It offers 320 fully finished units on 6 acres behind Maadi Club, run under hotel management, at 10% down and eight years without interest. It rewards the individual buyer and the rental investor rather than the family hunting square meters, and it asks the buyer to confirm plot area, handover date and the current price sheet before committing.
To ask about current availability or arrange a viewing, send your details through the contact form on this page.