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Developer guide · September 2026

Buying from AlKarma Developments — prices, payment plans & delivery

Quick answer

AlKarma Developments has 5 compounds across 4 areas, from about 7.6M EGP (~113,881 EGP/m²). Down payments start at 5% with plans to 10 years. 1 of their compounds are ready or delivering this year.

Compounds
5
From
7.6M EGP
Down from
5 %
Plans to
10 yrs

How they structure payment

These are the distinct plan shapes published across AlKarma Developments compounds — the down payment, the instalment it implies and how long it runs.

Down paymentInstalment fromPlan lengthCompounds
5%from 382K EGP191KQuarterly9 yrs2
5%from 428K EGP241KQuarterly8 yrs2
10%from 1.4M EGP320KQuarterly10 yrs1
10%from 2.2M EGP550KQuarterly9 yrs1
10%from 856K EGP275KQuarterly7 yrs2
50%from 3.1M EGP382KQuarterly2 yrs1

Each row is one plan shape, not one unit: the down payment and instalment shown are the lowest on that shape across their compounds, and may come from different units. Ask for the schedule on the unit you want.

Where they build

AreaCompoundsFromEGP/m²Plan
El Sheikh Zayed27.6M114,7949
New Zayed122.6M117,1179
New Sphinx114.2M91,03610
Northern Expansion16.1M120,0002

Delivery record

Handover across AlKarma Developments's tracked projects runs from 2026 to 2030, with 1 compounds ready or delivering this year. We record scheduled dates from current listings — always confirm the contractual date in your own agreement.

Where they sit in the market

At 113,881 EGP/m² they price about 15% above the national median of 99,207. That usually reflects where they build and at what specification rather than a premium for the name alone — compare them inside a single area before concluding they are expensive.

Their portfolio is mixed: 10 residential listings against 1 commercial. If you are buying to live, filter to the residential stock — commercial units here are an investor product with different demand and a different exit.

On unit mix they lean toward larger family units — 6 compounds list four bedrooms or more against 4 listing two or fewer.

What that actually costs
Unit price6.1M
Down payment (5%)306K
Balance over 10 yrs5.8M
Per month48K

Interest-free, as Egyptian developer plans are. Maintenance and club fees are separate and are not included here.

What to check before you commit

Confirm the plan in writing. Published down payments are often introductory and attached to specific units or phases. Get the schedule, the instalment amount and the frequency on the contract, not the brochure.

Ask what is separate. Maintenance, club membership and parking are usually charged on top and are not in any price on this page.

Check the delivery date contractually. A date in a listing is a plan; a date in a contract is an obligation. On off-plan stock this is the single most consequential line in the agreement.

Visit at the hour you would actually live it. Drive the commute at rush hour and walk the compound on a weekday evening. Both tell you more than any specification sheet.

Their compounds

Al Karma Kay-Phase 2
AlKarma Developments · El Sheikh Zayed
Delivery 2028
From 8.6M109,172 EGP/m²28 units
from 85K EGP/mo
up to 8 yr · from 5% down
Al Karma Kay-Phase 3
AlKarma Developments · El Sheikh Zayed
Delivery 2030
From 7.6M120,416 EGP/m²17 units
from 67K EGP/mo
up to 9 yr · from 5% down
Vaha
AlKarma Developments · New Zayed
Delivery 2030
From 22.6M117,117 EGP/m²11 units
from 199K EGP/mo
up to 9 yr · from 5% down
LaManga
AlKarma Developments · New Sphinx
Delivery 2030
From 14.2M91,036 EGP/m²8 units
from 113K EGP/mo
up to 10 yr · from 5% down
Al Karma 4
AlKarma Developments · Northern Expansion
CommercialReady to move
From 6.1M120,000 EGP/m²5 units
from 128K EGP/mo
up to 2 yr · from 50% down

All AlKarma Developments listings → · Compare developers →

Frequently asked

What is the down payment for AlKarma Developments?

The lowest published down payment across their compounds is 5%, and the most common shape is around 10%. Treat the lowest figure as an offer on specific units rather than the standard.

How long are AlKarma Developments payment plans?

Up to 10 years, paid quarterly. Longer tenors usually attach to the newer launches rather than the ready stock.

Where does AlKarma Developments build?

Across 4 areas — most heavily in El Sheikh Zayed, New Zayed, New Sphinx.

Is AlKarma Developments delivering on time?

We track handover dates rather than promises: their tracked projects hand over between 2026 and 2030, and 1 of 5 compounds are ready or delivering this year. That is a record of scheduling, not a guarantee — ask for the contractual delivery date in writing.

What does AlKarma Developments build?

Their tracked stock is mostly Apartments (2), Villas (2), Twinhouses (2), Townhouses (2), Duplexes (1).

Interested in a AlKarma Developments project?

Tell us the area and budget and we'll send what they have available now, with the full payment schedule.

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