Cava Residence Compound New Obour

Cava Residence Compound New Obour is a residential project by Prax Developments on 25 feddans in New Obour, priced from EGP 21,500 per m² in October 2026: a 75 m² unit from about 1,612,500, with 10% down and 8 years of interest-free instalments.

For a young couple working in east Cairo, the lowest-priced developer apartment in neighbouring El Shorouk is a one-bedroom at Livyn for EGP 3,500,000. Cava Residence offers a very different figure: a 75 m² unit for about 1.6 million and roughly 161,000 down. Below, those numbers are worked out and set against the cities next to Obour.

How much is Cava Residence El Obour?

Cava Residence is priced from EGP 21,500 per m² in October 2026, with units from 75 to 195 m², from studios to duplexes, delivered semi-finished. These are Masharf (Keller Williams Masharf) calculations at the lowest metre, not a price list:

Cava Residence apartments: semi-finished means extra cost

The sizes between 75 and 195 m² are priced at the same metre to show the range; the developer may price floors and sizes differently, so ask on WhatsApp at 01270970000 for the official list by size and floor. Units are handed over semi-finished, so on top of the price you will pay for floors, bathrooms, kitchen and paint before moving in. Build that into the budget now, and ask what the semi-finish includes exactly: plaster, plumbing and wiring.

Cava Residence payment plan: 8 years without interest

The Cava Residence payment plan is 10% down and equal interest-free instalments over 8 years, 96 instalments: on the 75 m² unit, about 161,250 down and 15,120 a month.

Interest-free means the price itself is divided, so each year adds about 11.25% of the price on top of the down payment: about 32.5% paid after two years, 55% after four and the full price after eight. On the 75 m² unit that is about EGP 524,000 after two years and 887,000 after four. The completion date is not confirmed by two sources, so it is not given here; have the month and year written into the contract, since it decides how long you pay instalments and rent together.

Paid over the 8 years, and the rent that covers it

At the lowest metre, a 75 m² unit is about 21.25% paid by the end of year one (EGP 342,700), 32.5% by year two (524,100), 55% by year four (886,900), 77.5% by year six (1,249,700) and fully paid in year eight; a 150 m² unit runs at double those amounts. Because the metre and term are the same for every size, the rent that covers the instalment is the same too: about EGP 202 per m² a month, so a 75 m² unit would need to let for about 15,120 a month once finished.

Within Obour itself

Two other Obour projects have developer prices on Masharf in October 2026: NOA Residence, with a 109 m² apartment at EGP 4,000,000 (about 36,700 per m²) on 300,000 down over 4 years, and Viale Residence, from 1,380,000 with 5% down over 8 years. Cava's metre is about 15,200 below NOA's, over 8 years instead of 4.

Why is Cava Residence so much lower than nearby cities?

Cava Residence's metre (from 21,500) is roughly half that of Livyn in El Shorouk (about 38,500) and Rock Green in New Heliopolis (about 44,360), at October 2026 prices. Location, finish and project stage account for the gap.

At 150 m², Cava Residence comes to about EGP 3,225,000, about 2,475,000 below Livyn's 148 m² and 2,775,000 below ready Belcon. Against Rock Green, also semi-finished and also over 8 years, a 125 m² apartment costs 5,544,869 at about 53,140 a month, so Cava's 150 m² at about 30,230 is about 22,900 a month lower and 25 m² larger. In El Shorouk and New Heliopolis you pay for proximity to New Cairo and long-established districts, and at Belcon for moving in today; at Cava you keep the difference in price and instalment. The choice comes down to where you work, your children's schools and when you need to move.

Where is Cava Residence, and who is Prax Developments?

Cava Residence is in New Obour on 25 feddans, developed by Prax Developments. Its exact pin is not yet on our map, so ask for the location before visiting.

Twenty-five feddans, about 105,000 m², is a mid-sized compound. Ask what is inside: a club, a pool, shops, a school or nursery, and security. Prax Developments has no other priced project on Masharf as of October 2026, so ask which projects it has delivered, visit one, and request the building permit and land contract before the down payment.

Cava Residence pros and cons

Cava Residence's main advantages are a metre from EGP 21,500 and an 8-year interest-free plan; its main drawbacks are the semi-finished handover and an unconfirmed completion date, in October 2026.

• Pro: a 75 m² unit from about EGP 1,612,500 with about 161,250 down.
• Pro: instalments from about 15,120 a month.
• Pro: a wide size range, from studios to 195 m² duplexes.
• Con: semi-finished, so finishing costs come on top.
• Con: completion date not confirmed.
• Con: no confirmed official price list; prices are calculated on the metre.

Before booking, ask on WhatsApp at 01270970000 and keep the dated written replies: the price list by size and floor, the completion date, exactly what the semi-finish covers, the reservation deposit, the facilities inside, and the building permit and land contract.