Najan Compound El Gouna

Najan Compound El Gouna is a new residential village by Orascom Development Egypt on a 41,300 m² plot in El Gouna. In October 2026 prices start at EGP 8,900,000, with 15% down and the rest over 5 years, and handover is due in 2028.

Najan offers studios, apartments and chalets, all fully finished with air conditioning, paid in quarterly rather than monthly instalments. That shape matters more than the headline price: a 15% start and a 5-year term make each payment large. Below are the Najan prices, the quarterly schedule worked out per unit, what you will have paid by 2028, and how Najan sits against Swanlake, the other El Gouna project with a developer price on Masharf.

How much is Najan El Gouna?

Najan prices start at EGP 8,900,000 in October 2026. On a price list dated 21 October 2026, the small chalet of about 80 m² costs EGP 13,486,311 and a 105 m² chalet 16,486,311. This is what Masharf (Keller Williams Masharf) holds:

Najan apartments and chalets: reading the sizes

Price lists disagree on the small chalet's size, 78 m² on one and 81 on another at the same price, so treat it as about 80 m² and get the exact area in writing. The small chalet's metre (about 168,600) is higher than the 105 m² chalet's (about 157,000): the extra 25 m² cost about EGP 120,000 per m². The EGP 8,900,000 starting price is published without an agreed unit type or size, so ask which unit it buys.

Najan payment plan: what does each quarter cost?

The Najan payment plan is 15% down and the balance over 5 years in 20 quarterly instalments, at October 2026 prices. On the EGP 8,900,000 starting price that is 1,335,000 down and about 378,250 every three months.

Quarterly payments need different budgeting from monthly ones, since three months of money leave at once. As a monthly equivalent, the lowest unit runs about EGP 126,080, the small chalet about 191,060 and the 105 m² chalet about 233,560. Keeping the instalment to a third of income, the lowest unit needs a household income of about EGP 378,250 a month, the same figure as its quarterly payment.

Najan completion date and what is paid by then

Handover is due in 2028, about two years from October 2026, or 8 quarterly instalments. By then you will have paid about 49% of the price (the 15% down plus 34% in instalments): about EGP 4,361,000 on the 8,900,000 unit, 6,608,300 on the small chalet and 8,078,300 on the 105 m² chalet. The remaining 51% runs for three more years, while you can use or let the unit. With a short 5-year term, ask whether a cash or higher-down-payment discount is offered.

Paid year by year over the 5 years

By the end of year one you will have paid about 32% of the price (EGP 2,848,000 on the 8,900,000 unit, 4,315,600 on the small chalet), 49% by the end of year two around handover, 66% by year three, 83% by year four and the full price by year five, with no handover payment assumed. Year one is the heaviest, with the down payment and four instalments together reaching about a third of the price.

Letting it: the rent that covers the instalment

To cover the 105 m² chalet's instalment, rent would need to bring about EGP 700,670 a quarter, about 2,224 per m² a month; the small chalet needs about 573,170 a quarter, or about 2,390 per m² a month on 80 m². Those are high figures for any rent, so in practice rent is more likely to help with the instalment than to cover it during the three years after handover.

Najan or Swanlake El Gouna?

The other El Gouna project with a developer price on Masharf in October 2026 is Hassan Allam's Swanlake El Gouna, where a 102 m² two-bedroom costs EGP 25,000,000, about 245,100 per m².

A 105 m² Najan chalet is about EGP 8,514,000 below a 102 m² Swanlake two-bedroom, with a metre about 88,000 lower. Swanlake is lighter at the start, though: 5% down (1,250,000) against Najan's 15% (2,472,947 on the chalet), over 6 years against 5. Both are fully finished and due in 2028, so Najan wins on total price and Swanlake on the down payment. On instalments, the Swanlake two-bedroom runs about EGP 329,860 a month over 72 months, while the 105 m² Najan chalet comes to about 233,560 a month as a monthly equivalent, about 96,300 lower despite the shorter term.

What is in Najan, and who is Orascom?

Najan is a 41,300 m² village inside El Gouna, with studios, apartments and chalets fully finished with air conditioning, developed by Orascom Development Egypt, the developer of El Gouna itself.

At about 9.8 feddans, Najan is a small village within a large town: quiet inside, with El Gouna's facilities around it. Because the developer also built the town, buyers can judge its work in El Gouna directly by visiting delivered projects before booking. Najan's exact position inside El Gouna is not yet on our map, so ask for it on WhatsApp.

Najan pros and cons

Najan's main advantages are full finishing with air conditioning, El Gouna's own developer and a 2028 handover; its main drawbacks are a 15% start and heavy quarterly instalments over only 5 years, at October 2026 prices.

• Pro: fully finished with air conditioning.
• Pro: a metre about EGP 88,000 below Swanlake El Gouna.
• Pro: handover in 2028, with about half the price paid by then.
• Con: 15% down, EGP 2,472,947 on the 105 m² chalet.
• Con: quarterly instalments over 5 years, about 700,670 a quarter on the 105 m² chalet.
• Con: unit sizes that differ between price lists.

Before paying, ask on WhatsApp at 01270970000 and keep the dated written answers: the exact small-chalet area and which unit the EGP 8,900,000 price buys, the dated schedule of all 20 quarterly instalments and any handover payment, the handover month in 2028, the unit's position and view, the maintenance deposit and El Gouna's annual service fees, and the operator and its share if you plan to let.