Shary

Studio with 29 sqm in Awana

Code ST87

Ras El Hekma, North Coast, Egypt

Price 2,280,000 EGP

Growth rate +20%

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Payment plans

Original plan 64,125 EGP / quarterly 114,000 EGP down payment 8 years Details
Total price
2,280,000 EGP
5% paid as down payment 95% remaining
down payment
114,000 EGP
Total installments
2,052,000 EGP
You will pay EGP 64,125 every 3 months
Delivery payment
114,000 EGP
Maintenance fees
228,000 EGP
Payment plan 2 45,600 EGP / quarterly 228,000 EGP down payment 10 years Details
Total price
2,280,000 EGP
10% paid as down payment 90% remaining
down payment
228,000 EGP
Total installments
1,824,000 EGP
You will pay EGP 45,600 every 3 months
Delivery payment
228,000 EGP
Maintenance fees
228,000 EGP
Payment plan 3 53,833 EGP / quarterly 342,000 EGP down payment 9 years Details
Total price
2,280,000 EGP
15% paid as down payment 85% remaining
down payment
342,000 EGP
Total installments
1,938,000 EGP
You will pay EGP 53,833 every 3 months
Maintenance fees
228,000 EGP

Studio

Size
29 m²
Baths
1
Finished
Yes
Reference no.
ST87
Price starts from
2,280,000 EGP
Expression of interest (EOI)
50,000 EGP
Delivery in
2029
Sale type
From developer
Finishing
Fully Finished
Maintenance fees
228,000 EGP
Features
Prime Location
Developer
Al Diwan
Address
Owana Ras El Hekma
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Investment insights

Price growth (EGP million)

  • After delivery
  • Market price
Expected price by year (EGP)
YearAfter deliveryMarket price
20262,280,0002,326,000
20272,736,0002,791,000
20283,283,0003,349,000
20293,940,0004,019,000
20304,728,0004,822,000
20315,673,0005,787,000
20326,808,0006,944,000

Resale value

After delivery

3,940,000EGP

Estimated profit

1,660,000EGP

  • 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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5 units available

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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

Studio fully finished without ACs. Delivery within three years (estimated 2029).

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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…

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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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