Shary

Apartment with 144 sqm in The Red Residence

Code A1616

Fifth Settlement, New Cairo, Egypt

Price 23,082,771 EGP

Growth rate +15%

Apartment

Size
144 m²
Beds
2
Baths
2
Finished
Yes
Reference no.
A1616
Price starts from
23,082,771 EGP
Delivery in
2029
Sale type
From developer
Finishing
Fully Finished
Maintenance fees
2,308,277 EGP
Features
Prime Location
Address
The Red Residences New Cairo
View on map

Payment plans

Original plan 649,203 EGP / quarterly 2,308,277 EGP down payment 8 years Details
Total price
23,082,771 EGP
10% paid as down payment
down payment
2,308,277 EGP
Total installments
20,774,494 EGP
You will pay EGP 649,203 every 3 months
Maintenance fees
2,308,277 EGP

Investment insights

Price growth (EGP million)

  • After delivery
  • Market price
Expected price by year (EGP)
YearAfter deliveryMarket price
202623,083,00020,774,000
202726,545,00023,891,000
202830,527,00027,474,000
202935,106,00031,595,000
203040,372,00036,335,000
203146,428,00041,785,000
203253,392,00048,053,000

Rental income

Monthly

—

Rental yield

—

Resale value

After delivery

35,106,000EGP

Estimated profit

12,023,000EGP

  • Growth rate +15%
  • Demand index 90

Shary Index analysis

Last updated October 2026
Market score Expected growth —

Price per meter range 121,500 – 160,300 EGP/m²

  • 51
    Shary Index
How is it calculated?

Shary Index components

Average price vs. the area

95 20%

Project price growth

24 20%

Area growth

24 20%

On-time delivery

95 20%

Services and facilities

19 20%

This project's index is a score out of 100 from 5 factors — each with the weight and score above.

Where do these numbers come from? A unit takes its project's index: the project's figures in the dashboard and its unit prices; any figure left empty takes the area's.

The index is updated monthly from sales, offers and market data on Shary.

More units in The Red Residences New Cairo

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Amenities

  • Spa and Wellness Center
  • Restaurant and Café
  • Retail Shops
  • Waste Disposal Services
  • Smart Home System
  • Wi-Fi Connectivity –
  • 24/7 Security
  • Parking Spaces

Description

Apartment for sale in The Red Residence with 144 sqm, 2 bedrooms and 2 bathrooms. The unit will be delivered fully finished in 2029.

Need help choosing in The Red Residences New Cairo?

Al Borouj Misr logo

Al Borouj Misr

About Al Borouj Misr

Al Borouj Misr Development enters the Egyptian real estate market through a history that began in 2005 under Al Borouj Misr for Development and Real Estate. The company is associated with Engineer Mohamed Raafat, Chairman of the Board, and has a visible presence between New Cairo and the New Administrative Capital. A serious reading of…

FAQs

Who is the developer of the project?

The developer of The Red Residence is Al Borouj Misr Developments Group, founded in 2006 and operating since 2012, with three named projects in its supplied record.

What do prices start at?

Prices at The Red Residence start at 6,660,000 for the lowest listed unit, although buyers should request the complete contractual cost schedule before reserving.

What payment plans are available?

Payment plans at The Red Residences 5th Settlement require a 10% down payment, with the remaining balance paid over 8 Years according to the confirmed project terms.

What types of apartments are available?

The Red Residences apartments cover serviced studios, one-bedroom apartments and two-bedroom apartments, with confirmed sizes extending from 46 to 145 square metres across the listings.

When will the available units be delivered?

The Red Residences available units are scheduled for delivery in 2029, although buyers should verify the precise handover date and finishing obligations in the contract.

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