Shary

Penthouse with 145 sqm in Awana

Code P208

Ras El Hekma, North Coast, Egypt

Price 11,600,000 – 13,050,000 EGP

Growth rate +20%

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Payment plans

Original plan 326,250 EGP / quarterly 580,000 EGP down payment 8 years Details
Total price
11,600,000 EGP
5% paid as down payment 95% remaining
down payment
580,000 EGP
Total installments
10,440,000 EGP
You will pay EGP 326,250 every 3 months
Delivery payment
580,000 EGP
Maintenance fees
1,160,000 EGP
Payment plan 2 232,000 EGP / quarterly 1,160,000 EGP down payment 10 years Details
Total price
11,600,000 EGP
10% paid as down payment 90% remaining
down payment
1,160,000 EGP
Total installments
9,280,000 EGP
You will pay EGP 232,000 every 3 months
Delivery payment
1,160,000 EGP
Maintenance fees
1,160,000 EGP
Payment plan 3 273,889 EGP / quarterly 1,740,000 EGP down payment 9 years Details
Total price
11,600,000 EGP
15% paid as down payment 85% remaining
down payment
1,740,000 EGP
Total installments
9,860,000 EGP
You will pay EGP 273,889 every 3 months
Maintenance fees
1,160,000 EGP

Penthouse

Size
145 m²
Beds
3
Baths
3
Finished
Yes
Reference no.
P208
Price starts from
11,600,000 EGP
Expression of interest (EOI)
100,000 EGP
Delivery in
2029
Sale type
From developer
Finishing
Fully Finished
Maintenance fees
1,160,000 EGP
Features
Prime Location
Developer
Al Diwan
Address
Owana Ras El Hekma

Investment insights

Price growth (EGP million)

  • After delivery
  • Market price
Expected price by year (EGP)
YearAfter deliveryMarket price
202611,600,00011,832,000
202713,920,00014,198,000
202816,704,00017,038,000
202920,045,00020,446,000
203024,054,00024,535,000
203128,865,00029,442,000
203234,637,00035,330,000

Resale value

After delivery

20,045,000EGP

Estimated profit

8,445,000EGP

  • Growth rate +20%
  • Demand index 92

Shary Index analysis

Last updated November 2026
Market score Expected growth —

Price per meter range 78,600 – 90,000 EGP/m²

  • 44
    Shary Index
How is it calculated?

Shary Index components

Average price vs. the area

90 20%

Project price growth

24 20%

Area growth

24 20%

On-time delivery

68 20%

Services and facilities

16 20%

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Amenities

  • Pet-Friendly Areas
  • Barbecue Area
  • Clubhouse
  • Balcony or Terrace
  • Landscaped Garden
  • Wi-Fi Connectivity –
  • 24/7 Security
  • Swimming Pool
  • Elevators

Description

Penthouse with 3 bedrooms, fully finished without ACs. Delivery within three years (estimated 2029).

Need help choosing in Owana Ras El Hekma?

Al Diwan logo

Al Diwan

About Al Diwan

Al Diwan Development operates in the Egyptian market through residential and tourism real estate activities, with a clear presence in New Cairo and New Alamein. The company is also known as Al Diwan Real Estate and Tourism Investment and operates within a business structure that covers engineering, contracting, and energy activities. Its…

FAQs

Who Is the Developer of Owana Ras El Hekma?

Developed jointly by El Diwan Developments and Just Developments.

What Is the Total Area of Owana Ras El Hekma?

The project spans 11 acres, or 46,200 square meters.

What Are the Unit Prices at Owana Ras El Hekma?

Prices start at EGP 2,280,000 for studios.

What Unit Types Are Available at Owana Ras El Hekma?

The project offers studios, chalets, and two- and three-bedroom penthouses.

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