Midtown East Phase One New Cairo

Midtown East Phase One New Cairo: the same house as Phase Two for about 4 million less

Midtown East Phase One New Cairo is the first house phase of Midtown East, a Better Home project in the 6th Settlement, a project recorded on 58 feddans. This phase holds only large six-bedroom houses, sold at 10% down with ten years to pay, and handed over in April 2030.

Midtown East Phase One New Cairo prices

Only two houses are on offer. The six-bedroom townhouse covers 305 m² and costs between 23,656,869 and 27,559,033, near 77,564 a metre, with 2,365,687 up front and roughly 177,427 a month. The twin is larger, 420 m² with the same six bedrooms, at 40,334,541, near 96,035 a metre, with 4,033,454 up front and roughly 302,509 a month.

Why Phase One wins

In Phase Two the same 305 m² townhouse starts at 27,577,473, about 3.9 million more, on just 6 years, with the same handover date. Its twin is about 1.9 million dearer too. So for a townhouse in Midtown East, Phase One is clearly cheaper and on a longer plan.

The spread inside this phase

Every townhouse here is 305 m², yet prices move about 3.9 million from the cheapest to the dearest, whose instalment nears 206,700. With the area fixed, the gap is about position: an end or a middle unit, a bigger garden, or a water frontage. The dearest townhouse here costs almost what the cheapest in Phase Two does, so if the spot you like in Phase One is the dearest, set it against Phase Two's cheapest on the master plan before deciding.

Phase One by the time the keys arrive

April 2030 is about 42 months into the 120. You take the keys with near 41% of the price paid: about 9.82 million on the cheapest townhouse and close to 16.74 million on the twin, with roughly six and a half years left after moving in. Neither house has a stated finishing level, so if they turn out semi-finished, add finishing money on top of the instalments in the year you take the keys.

From townhouse to twin

The twin is 115 m² larger than the townhouse, about 16.68 million dearer, and around 125,000 more a month. That makes each extra metre costly, far above the townhouse's own metre. If six rooms are enough, the townhouse is the better sum; the twin is for those who genuinely need more land and space.

Six bedrooms on 305 m²

That is a lot of rooms for the area, so ask each room's size and whether the 305 is built area only or includes garden and roof. It suits a large family, or someone wanting a study, a guest room and staff quarters.

Inside and around

The project data lists:

• A clubhouse and pools.
• Walking and cycling paths.
• Restaurants and shops.
• A gym with a health club, and garages.

Outside the gate, 90th Street, the Mohamed Naguib axis and the American University are close, with the Ring Road and Suez road a short drive.

In the 6th Settlement

Most neighbours are flat projects: Acasa Alma, 900 m away, at about 60,776 a metre; Noll at about 65,667; and Ever New Cairo at about 80,275. So a Midtown East townhouse costs about what a new flat nearby does per metre. Against another house, Golf Town's five-bedroom townhouse on 277 m² costs 17.9 million, some 5.76 million less with one bedroom fewer. Acasa Alma itself has a four-bedroom townhouse from 256 m² at about 19.37 million, at nearly the same metre as here, but booked with just 1%, which matters a lot if your cash in hand is short, since the deposit here is over 2.3 million.

Masharf can set the Phase One townhouse against your monthly income on WhatsApp; just send us the figure.