Promenade New Cairo

Promenade New Cairo is a residential development by Wadi Degla Real Estate Development Company in the Fifth Settlement, New Cairo. The project is under construction and offers apartments in different layouts, with fully finished units according to the project description. Its location on 90th Street places it near several residential developments and major roads.

The buildings consist of a ground floor and four upper floors, with apartments designed for different household needs. Prices start at EGP 9,000,000 in 2026, with a 50% down payment and the remaining balance payable over three years.

Where Exactly Is Promenade New Cairo Located?

Promenade New Cairo is located on 90th Street in the Fifth Settlement district of New Cairo. Its position places the development within an established residential area, near other compounds and major routes connecting different parts of the city.

The location offers access to several destinations around New Cairo, including the American University and the Middle Ring Road. The surrounding residential developments also provide useful reference points for understanding the project's setting.

Key Landmarks and Destinations Near Promenade Fifth Settlement

Several residential developments, educational destinations, and major roads are located around Promenade Fifth Settlement. These nearby landmarks help describe its position within New Cairo.

• 90th Street: The main road associated with the project's location in the Fifth Settlement.
• Katameya Dunes: A nearby residential development.
• Hyde Park: Another residential development in the surrounding area.
• The Middle Ring Road: A major road connecting New Cairo with other destinations.
• The American University in Cairo: An educational landmark in the area.
• The New Administrative Capital: A nearby destination connected to New Cairo through major roads.

The Design of Promenade New Cairo

Promenade Fifth Settlement combines classic European and contemporary architectural styles. The design gives the residential buildings a consistent architectural character, while the project description also specifies fully finished apartments.

The buildings feature a ground floor and four upper floors. This layout accommodates the project's apartment units, which differ in internal arrangement, bathroom count, and living spaces.

The Area of Promenade New Cairo

Promenade New Cairo extends across approximately 33 acres. Green spaces and artificial lakes occupy a substantial portion of the development, creating open areas alongside the residential buildings.

The project's land allocation places considerable emphasis on outdoor spaces within the residential setting. These areas form part of the overall layout, alongside the apartments and the facilities available to residents.

Unit Types and Sizes Available at Promenade New Cairo Compound

Promenade New Cairo Compound includes a stated total of 995 apartments across two building formats. Both formats offer three-bedroom apartments, with differences in unit size, bathroom count, and internal layout.

The available apartments range from 150 to 255 square metres, with the following layouts:

• Apartments measuring 150–255 square metres: These units feature three bedrooms, two bathrooms, a reception area, and a kitchen. The buildings accommodate three apartments per floor.
• Apartments measuring 225 square metres: These units include three bedrooms, three bathrooms, a separate living room, a reception area, and a kitchen. The buildings accommodate two apartments per floor.

The two formats offer different arrangements for households with varying space requirements. While both include three bedrooms, the 225-square-metre layout provides an additional bathroom and a separate living room.

Promenade New Cairo Prices in 2026 and Payment Plans

Prices at Promenade New Cairo start at EGP 9,000,000 in 2026. The starting price provides an initial reference for buyers comparing the available apartments, while the final amount depends on the selected unit and its individual offer.

The apartment's size and internal layout are among the details that distinguish the available options. A quotation for a specific unit identifies its price and the applicable payment terms.

Payment and Installment Plans at Promenade Fifth Settlement

Promenade Fifth Settlement offers a payment plan requiring a 50% down payment, with the remaining balance payable over three years. Based on the starting price, the payment amounts are as follows:

• Starting price: EGP 9,000,000.
• Down payment: 50%, equivalent to EGP 4,500,000 based on the starting price.
• Remaining balance: EGP 4,500,000, payable over three years.
• Payment period: Three years for the remaining balance.

The amounts above are calculated from the advertised starting price. The final payment schedule depends on the price and terms specified in the offer for the selected apartment.

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Facilities and Services Available at Promenade New Cairo

Promenade New Cairo includes recreational, commercial, and residential facilities. The listed amenities cover fitness, leisure, shopping, parking, and security, providing different services within the development.

The facilities described for the project include:

• Fitness and wellness facilities: A gym, spa, and squash court provide spaces for exercise and wellness activities.
• Swimming pool: A designated recreational facility for residents.
• Walking tracks: Dedicated paths for walking and outdoor activity.
• Commercial area: Shops, restaurants, and cafés serve shopping and dining needs within the development.
• Mosque: A designated place of prayer within the residential project.
• Garages: Parking spaces for residents and their vehicles.
• Security and guarding: Security services form part of the project's listed residential facilities.

Investment Benefits of Promenade New Cairo Compound

Promenade New Cairo Compound offers apartments in a residential location in the Fifth Settlement, with access to major roads and nearby destinations. Its range of apartment layouts also provides options for different household sizes and living arrangements.

For buyers considering the property for rental or resale, the relevant financial details include the purchase price, ownership costs, and comparable transactions for similar apartments. Rental income and resale values depend on market conditions, the property's specifications, and the terms of an individual transaction.

The Developer of Promenade New Cairo

Wadi Degla Real Estate Development Company is the developer behind Promenade New Cairo. Established in 2005, the company has a portfolio that includes residential developments and resort projects in different locations.

The company's named projects include Neopolis Compound, Blumar Sokhna, and other residential and coastal developments. This portfolio provides examples of the types of properties associated with the developer.

Previous Projects by Wadi Degla Real Estate Development Company

Wadi Degla Real Estate Development Company's portfolio includes residential compounds and coastal projects. The following developments are among the projects named in its portfolio:

• Blumar North Coast: A coastal development in Sidi Abdel Rahman.
• Murano Resort Ain Sokhna: A resort project in Ain Sokhna.
• Teegan Wadi Degla Compound: A residential development in Maadi.
• River Walk Compound: A residential project in the Fifth Settlement.
• Neopolis Compound: Another residential development associated with the company.

Advantages of Promenade New Cairo

Promenade New Cairo offers several features related to its location, apartment layouts, and residential facilities. The main advantages described for the project include:

• Location in the Fifth Settlement: The development is situated on 90th Street, near major roads and other residential projects.
• Different apartment layouts: Buyers can compare apartments ranging from 150 to 255 square metres.
• Three-bedroom apartments: Both building formats include three-bedroom units, with differences in their internal arrangements.
• Recreational facilities: The project lists a swimming pool, gym, spa, squash court, and walking tracks.
• Commercial services: Shops, restaurants, and cafés are included among the project's facilities.
• Fully finished apartments: The project description specifies a fully finished handover standard.

Disadvantages of Promenade Fifth Settlement

Promenade New Cairo is still under construction, so the delivery date is an important detail for buyers planning their move. The project also requires a 50% down payment, with the remaining balance payable over three years. Prices and finishing specifications vary according to the selected apartment and its purchase terms.

Why Is Promenade New Cairo the Best Choice?

Promenade New Cairo brings together a Fifth Settlement location, multiple apartment layouts, and residential facilities within a development by Wadi Degla Real Estate Development Company. Its units range from 150 to 255 square metres, with layouts designed around three-bedroom arrangements.

The project may suit buyers whose space requirements, budget, and expected occupancy date align with the available apartments and payment terms. The final choice depends on the specifications and contractual terms of the selected unit.

 

Promenade New Cairo is a residential apartment development on 90th Street in the Fifth Settlement. Its main features include a 33-acre site, two apartment building formats, recreational facilities, and fully finished units according to the project description.

Prices start at EGP 9,000,000 in 2026, with a 50% down payment and the remaining balance payable over three years. These details provide an overview of the project, while the final price and delivery arrangements depend on the specific apartment.

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