Al Karma Kay El Sheikh Zayed

Al Karma Kay Sheikh Zayed is a compound of finished apartments by Al Karma Developments among the compounds in El Sheikh Zayed, sold in two phases: Phase 2 from EGP 8,560,000 on 10% down over 7 years with handover in June 2028, and Phase 3 from 7,630,000 on 5% down over 9 years with handover in February 2030, at October 2026 prices.

It is one compound, but each phase has a different plan and date. So the first question before any unit is whether you want to move in sooner with a larger down payment, or wait a year and a half with a smaller one. This page sets the two phases side by side.

Al Karma Kay Sheikh Zayed prices, October 2026

Al Karma Kay prices in October 2026 start at EGP 7,630,000 for a 67 m² one-bedroom in Phase 3, with two-bedrooms from 11,070,000, three-bedrooms from 15,334,000, four-bedrooms from 24,619,000 and a 299 m² duplex at 30,135,000. Both phases are in the Masharf (Keller Williams Masharf) table:

Every figure here uses the lowest price and smallest size of the type, and all apartments are finished.

Al Karma Kay El Sheikh Zayed sizes

Al Karma Kay sizes run from 62 m² for a studio to 299 m² for a duplex:

• One-bedrooms of 67 to 99 m².
• Two-bedrooms of 110 to 163 m².
• Three-bedrooms of 136 to 220 m².
• Four-bedrooms of 242 to 261 m².

The widest two-bedroom, at 163 m², is bigger than the smallest three-bedroom at 136 m², so see the plan before choosing by bedroom count. Alternatives in the same sizes are in apartments for sale in El Sheikh Zayed.

Phase 2 or Phase 3 at Al Karma Kay?

Al Karma Kay's Phase 2 hands over in June 2028 on 10% down over 7 years, and Phase 3 in February 2030 on 5% down over 9 years. Phase 2 is a year and eight months sooner; Phase 3 is lighter on cash today.

Take two-bedrooms: Phase 2 has 110 m² at 11,070,000 with 1,107,000 down, Phase 3 has 115 m² at 13,097,000 with 654,850 down. Phase 3 costs 2,027,000 more for 5 m² more, with 452,150 less down and a slightly lighter instalment (115,210 against 118,610) because its term is longer.

Three-bedrooms show the same: Phase 2 has 136 m² at 15,334,000, Phase 3 has 152 m² at 17,354,000, 16 m² more for 2,020,000, at about the same metre (112,750 against 114,170). If you have the cash and want to move in sooner, Phase 2; if the down payment decides, Phase 3.

• Al Karma Kay Phase 2: one-bedroom to duplex, 10% over 7 years, June 2028.
• Al Karma Kay Phase 3: studio to three-bedroom, 5% over 9 years, February 2030.

Al Karma Kay on instalments: how much is paid before handover?

By handover you will have paid about 31.4% of the price in Phase 2 (June 2028) and about 40.2% in Phase 3 (February 2030), the down payment plus instalments starting in November, at October 2026 prices.

So although Phase 3's down payment is smaller, you pay more before the keys, because instalments run a year and eight months longer before handover. With the instalment at a third of income, a Phase 2 two-bedroom needs a household income of about EGP 355,820 a month and the three-bedroom about 492,880.

Studio or one-bedroom at Al Karma Kay?

The 62 m² studio at Al Karma Kay costs 9,313,000, 1,683,000 more than the 67 m² one-bedroom in the same phase (7,630,000), though it is 5 m² smaller, in October 2026.

That puts the studio at about 150,210 per m² against 113,880 for the one-bedroom. Ask sales why: the studio may sit on a different floor or position, or come with a different fit-out. Until you know, the one-bedroom gives more space and a separate bedroom for less money.

Al Karma Kay against Zayed apartments around it

Al Karma Kay's 110 m² Phase 2 two-bedroom runs about 100,640 per m², below Waterway West (110,000) and above KAIA (91,130), and hands over in June 2028, before both, in October 2026.

KAIA has a lower metre and is 134,935 less, but hands over in June 2029, a year after Al Karma Kay's Phase 2. ZED, about 1.3 km away, has a 74 m² one-bedroom at 10,000,000, 2,370,000 above Al Karma Kay's 67 m² Phase 3 one-bedroom. The Harv offers a 146 m² three-bedroom at 8,882,549, so if space matters more than finish and location, compare with it.

Where is Al Karma Kay Sheikh Zayed?

Al Karma Kay is in Sheikh Zayed, about 1 km in a straight line from Waterway West, 1.3 km from ZED, 1.9 km from The Harv and 2.8 km from KAIA.

So the compound sits among Zayed's new projects handing over between 2028 and 2030. Ask where your building sits in the phase you are buying, and see the map under location.

Who is Al Karma Developments?

Al Karma Developments also has Al Karma 4 in Sheikh Zayed, Vaha in New Zayed with townhouses from 21,981,000, and LaManga in New Sphinx with townhouses from 14,210,000.

So if you are weighing a house instead of an apartment from the same developer, Vaha and LaManga offer townhouses, with a wide price gap between them by location.

Al Karma Kay Sheikh Zayed pros and cons

Al Karma Kay's main advantage is finished apartments with Phase 2 handing over in June 2028; its main drawbacks are Phase 2's 10% down over only 7 years and Phase 3's February 2030 handover, in October 2026.

• Pro: every apartment is finished.
• Pro: Phase 2 hands over in June 2028, before Waterway West, KAIA and ZED.
• Pro: Phase 3 needs only 5% down over 9 years.
• Con: Phase 2 needs 10% down, with a higher instalment over 7 years.
• Con: the studio's metre is well above the one-bedroom's.
• Con: the same type comes at two prices and plans across the phases, so fix the phase before comparing.

Ask sales in writing which phase the unit is in, its handover date, floor, finishing specification and maintenance charges. Send it on WhatsApp to 01270970000.