The Property Guideدليل العقارات

Property type · September 2026

Penthouses for sale in Egypt — prices by area

58 compounds · 19 areas
Quick answer

58 compounds across 19 Egyptian areas list new-build penthouses, starting from about 3.5M EGP at a median of 109,427 EGP/m², with payment plans running to 14 years.

Compounds
58
From
3.5M EGP
Areas
19
Plans to
14 yrs

The spread is wider than the average suggests

Across the 10 areas with enough inventory to compare fairly, the median price per square metre runs from about 56,124 EGP/m² in New Capital City to 171,606 EGP/m² in Ras El Hekma — roughly 3.1×. A national average hides that entirely, which is why the area you choose moves your budget further than almost any other decision.

Both figures are medians, so half the stock in each area sits above them. Use them to rank areas against each other, not to predict what one specific unit will cost.

What the instalment actually looks like

Headline prices are not how anyone buys here — the monthly figure is. Taking the cheapest unit in this set, at Peerage Residence in New Cairo, on its longest published plan:

What that actually costs
Unit price3.5M
Down payment (5%)173K
Balance over 10 yrs3.3M
Per month27K

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

By area

Ranked by how many compounds offer it, then by entry price. The two rarely agree — the area with the most choice is seldom the cheapest, which is the trade every buyer ends up making.

AreaCompoundsFromEGP/m²Longest plan
New Cairo83.5M80,12010 yrs
Ras El Hekma78.4M171,60610 yrs
6th settlement73.6M72,78514 yrs
El Sheikh Zayed56.4M104,22512 yrs
October Gardens43.6M91,7619 yrs
Ain Sokhna48M116,71810 yrs
New Capital City34.8M56,12414 yrs
New Zayed315.7M133,01310 yrs
Northern Expansion35.5M83,87710 yrs
Sidi Abdel Rahman34.1M124,32112 yrs
Al Alamein26.2M111,2938 yrs
Sidi Heneish219.8M159,9228 yrs
Mostakbal City111.3M146,9749 yrs
South Investors113.7M116,0498 yrs
6th of October City17.8M63,1229 yrs
Somabay118M169,5917 yrs
El Gouna127.9M250,3486 yrs
El Shorouk19.9M64,3297.8 yrs
Golden Square148.9M238,99110 yrs

Developers active 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.

Where to start

Jade Park
City Edge Developments · New Capital City
Ready to move
From 4.8M56,124 EGP/m²56 units
from 33K EGP/mo
up to 12 yr · from 1.2% down
Village West
Dorra Group · El Sheikh Zayed
Ready to move
From 7M104,225 EGP/m²43 units
from 66K EGP/mo
up to 8 yr · from 10% down
Ashgar City
IGI Real Estate · October Gardens
Delivery 2027
From 3.6M45,893 EGP/m²40 units
from 57K EGP/mo
up to 5 yr · from 6% down
Geo The Med
People & Places · Ras El Hekma
Delivery 2029
From 13.2M133,284 EGP/m²40 units
from 105K EGP/mo
up to 10 yr · from 5% down
The Estates Residence
SODIC · New Zayed
Ready to move
From 19.1M174,095 EGP/m²37 units
from 151K EGP/mo
up to 10 yr · from 5% down
Zahra Morshedy Group
Morshedy Group · Al Alamein
Ready to move
From 6.2M109,100 EGP/m²33 units
from 61K EGP/mo
up to 8 yr · from 5% down

Frequently asked

How much is a penthouse in Egypt?

New-build penthouses start from about 3.5M EGP, at a median of roughly 109,427 EGP/m² across 58 compounds in 19 areas.

Where are the cheapest penthouses in Egypt?

The table above ranks every area by entry price. Cheaper areas are generally further from established services — compare the price per m² alongside the entry price before deciding.

Can you buy penthouses on instalments in Egypt?

Yes — developer plans here run up to 14 years and are interest-free. The instalment, not the headline price, is what most buyers actually compare.

What costs are not included in the price?

Maintenance is the big one — usually an annual charge based on unit size, payable whether you live there or not. Club membership, parking and storage are frequently separate line items, and registration and legal fees sit on top. Ask for a full schedule of everything payable outside the unit price before you sign.

Are developer prices negotiable in Egypt?

The headline price per metre usually moves very little. What does move is the structure — a larger down payment is often traded for a discount, and cash purchases carry published discounts at some developers. Negotiate the plan before you negotiate the price; there is generally more room there.

How does reserving a unit work?

Typically a reservation deposit holds a specific unit for a short window while the contract is prepared, followed by the down payment on signing. Terms differ by developer — confirm in writing whether the reservation is refundable, and what happens to it if you do not proceed.

Want a shortlist?

Tell us your budget and preferred areas and we'll send the ones that actually match.

We use your number to answer this enquiry. No lists, no spam.