ReportedReady to moveCore & shell
Taj City · Origami
Penthouse · PH 281 · New Cairo – other
EGP 9,177,000
32,658 / m²
The plot
The area
Representative image · replaced by site photos after our visit
- Built-up
- 281 m²
- Land / garden
- —
- Bedrooms
- 3
- Bathrooms
- 3
Auja's opinion
Worth consideringAbout 33,000 per metre for a 281 m² roof unit with a developer plan is the best headline number on the whole list. The problem is the date: published sources say both October 2026 and 'within four years'. Until the contractual phase date is in writing this is a spreadsheet, not a home. If the date is real, it is a strong rental play.
Why buy
- +Lowest price per metre found: ~33,000 EGP
- +5% down and 8 years from a developer that delivers
- +281 m² penthouse: large format for the money
Why not
- −Delivery is disputed between sources by up to four years
- −Ring Road side toward Nasr City, not the Fifth Settlement
- −Core and shell: real cost is price plus 2M+ and a year
- −Balloons not yet disclosed
- Who it fits
- Rental investmentAppreciation play
- Rental yield, gross, furnished
- 9%
- indicative, before costs
- Appreciation outlook
- Medium
- Best entry price per metre on the list; the location is El Thawra extension, which the market prices as 'New Cairo adjacent', not New Cairo
If Auja manages it
short-term rental, furnished to our standard
Expected nightly rate
EGP 5,500
Expected occupancy
50%
183 nights a year
Gross revenue a year
EGP 1,007,000
To you, after costs and our fee
EGP 620,000
≈ EGP 52,000 a month
Net yield on the price
6.8%
Net yield on price + fit-out (EGP 2,800,000)
5.2%
Rate and occupancy are our estimate for this unit from the homes we run in New Cairo today. Operating costs are taken first (cleaning, utilities, maintenance, reserve, taxes: about 23% of revenue), then Auja takes 20% of the profit, so you keep roughly 62% of gross. Seasonal, before income tax, not a guarantee.
Our opinion, in writing, from the documents and the site visit. Not investment advice; we are paid by buyers, never by sellers.
What we checked
Reported- ✓Exact plot pinned on the map
- ✓Agent stood on the plot and photographed it
- ✗Stamped, dated developer price sheet photographed
- ✓Built-up area confirmed in writing
- ✗Delivery date taken from the contract or stamped sheet
- ✓Full payment schedule captured, lump payments included
This listing is reported: some items are still being confirmed. We show it because the source is credible, and we tell you exactly what is not yet verified.
Payment
- Deposit
- 5%
- EGP 458,850
- Tenor
- 8 years
- Quarterly
- Indicative monthly
- EGP 90,814
- if spread evenly
- Maintenance
- 8%
- EGP 734,160 · at delivery
Lump payments in this plan
TBC
The monthly figure above is indicative only — these lumps sit on top of it. Ask us for the full schedule as a cash-flow chart.
What this price really is
- Sheet price
- EGP 9,177,000
- 32,658 / m²
- Worth in today's money
- EGP 5,002,420
- 17,802 / m² · 45% below the sheet
A 0% plan is not free money and it is not the sheet price either: each payment is discounted at 20%, what a bank certificate pays today. If you have the cash, compare the gold number with the cash resale line before you sign a plan.
Cash flow, year by year
Everything you pay, when you pay it. Peak year 2026: EGP 4.8M.DepositInstalmentsLump paymentsMaintenanceFit-out to Auja standard% of total paid
| Year | Deposit | Instalments | Lumps | Maintenance | Fit-out | Total | Paid so far |
|---|---|---|---|---|---|---|---|
| 2026keys | 458,850 | 817,327 | — | 734,160 | 2,800,000 | 4,810,337 | 38% |
| 2027 | — | 1,089,769 | — | — | — | 1,089,769 | 46% |
| 2028 | — | 1,089,769 | — | — | — | 1,089,769 | 55% |
| 2029 | — | 1,089,769 | — | — | — | 1,089,769 | 64% |
| 2030 | — | 1,089,769 | — | — | — | 1,089,769 | 72% |
| 2031 | — | 1,089,769 | — | — | — | 1,089,769 | 81% |
| 2032 | — | 1,089,769 | — | — | — | 1,089,769 | 89% |
| 2033 | — | 1,089,769 | — | — | — | 1,089,769 | 98% |
| 2034 | — | 272,442 | — | — | — | 272,442 | 100% |
| Total | 458,850 | 8,718,150 | 0 | 734,160 | 2,800,000 | 12,711,160 |
Year 1 starts today. Instalments spread evenly between lump payments; lump months come from the developer's schedule. Maintenance at handover. Fit-out shown in the delivery year at our estimate. Indicative; your contract governs.
Delivery & site
- Contractual delivery
- 2026-10-15
- source: Brochure
- What's on site now
- —
- Finish on handover
- Core & shell
- Sold by
- Developer sales office
- Madinet Masr