Condo Park Compound New Cairo

Condo Park Compound New Cairo is a new apartment project by El Nemr Developments in the 8th District of Beit El Watan, Fifth Settlement, near Golden Square. In October 2026 a 120 m² two-bedroom starts at EGP 4,750,000, with 10% down (EGP 475,000) and the rest over 7 years.

That price works out at about EGP 39,580 per m², a level the compounds around Golden Square left behind some time ago. Before reading it as a bargain, a buyer needs to know what sits behind it. This page sets Condo Park against six other New Cairo two-bedrooms with developer prices, works out the cash you need year by year, and lists what is still unconfirmed.

Condo Park prices in October 2026

The lowest listed Condo Park price in October 2026 is EGP 4,750,000 for a 120 m² two-bedroom apartment, with 10% down and 7 years of instalments. This is what Masharf (Keller Williams Masharf) holds from the developer:

The EGP 4,275,000 balance over 84 months comes to about EGP 50,890 a month, which needs a household income of about EGP 152,700 if the instalment is to stay within a third of it. Three-bedroom apartments are also offered, but their price is not yet confirmed by two sources, so it is left out here; ask on WhatsApp at 01270970000 and we will get it in writing from the developer.

Condo Park apartments: how big is a 120 m² two-bedroom?

At 120 m², the Condo Park two-bedroom is larger than many New Cairo two-bedrooms, which in the table below start at 76 to 112 m². The extra space can go into a larger living room, a second bathroom or an en-suite main bedroom, so ask for the floor plan of the actual unit before choosing a floor.

Condo Park payment plan: how much do you pay each year?

The Condo Park payment plan is 10% down and the balance over 7 years, a plan two sources agree on. On the EGP 4,750,000 two-bedroom, the first year costs about EGP 1,085,700: the down payment plus 12 instalments.

The table assumes no annual or handover payments, since no source mentions any. Because sources disagree on the handover date, it lets you read your position at whichever date is confirmed: handover after three years means about half paid, after four years about 61%. Until then the EGP 50,890 instalment runs alongside whatever rent you pay now. A buy-to-let owner needs rent of about EGP 424 per m² a month after handover (50,890 ÷ 120) to cover the instalment.

Condo Park completion date

No completion date is confirmed for Condo Park as of October 2026. The pages that cover the project give different dates, so none is written here. Make the handover month and year a written clause in the contract, with a penalty for delay if the developer offers one.

Condo Park location: where in New Cairo?

Condo Park is in the 8th District of Beit El Watan in New Cairo's Fifth Settlement, near Golden Square. Its exact pin is not on our map yet, so ask for the location on WhatsApp before visiting.

Golden Square next door holds compounds such as SODIC's Villette and Boutique Village. The announced Condo Park services are security and guards, electronic gates, fire-fighting systems, car garages, and maintenance and cleaning. Nothing we read mentions a club, a pool or a mall inside the project, so ask directly if those matter to you.

Condo Park El Nemr Developments

Condo Park is El Nemr Developments' only project with a price on Masharf as of October 2026, so the developer has to be judged on its earlier work. Ask which of its projects have been delivered, visit one, and request the building permit and land contract before paying the down payment.

Why is the Condo Park metre lower than its neighbours'?

At about EGP 39,580 per m² in October 2026, a Condo Park two-bedroom costs less than half the metre at Boutique Village in Golden Square (about 103,600), and less than every two-bedroom with a developer price in this table.

A gap that wide has explanations a buyer should check before treating it as an advantage: the finishing level (Boutique Village and City Gate are fully finished), the services inside the compound, and how far along the project is. The closest on price is Solay, a fully finished 76 m² two-bedroom at EGP 4,273,500 over 10 years, handing over in August 2029. Condo Park gives 44 m² more for only EGP 476,500 more, but its instalment is about 17,060 higher because the term is 7 years, and its down payment is 261,325 higher.

Vie Collective runs the same 10% over 7 years plan; its 138 m² two-bedroom costs EGP 8,976,000, about 96,170 a month, close to twice Condo Park's instalment, with an announced April 2029 handover. For a buyer who wants to move in now and has the budget, SODIC's Villette in Golden Square has a ready 159 m² two-bedroom at EGP 29,235,000.

Need three bedrooms? Alternatives with known prices

Until the Condo Park three-bedroom price is confirmed, these New Cairo three-bedrooms with developer prices in October 2026 give a yardstick:

• Solay: a finished 96 m² at EGP 7,631,196, 381,560 down and about 60,410 a month over 10 years, handing over in August 2029.
• Vie Collective: 187 m² at EGP 12,046,000, about 64,420 per m², 1,204,600 down and about 129,060 a month over 7 years, handing over in April 2029.
• City Gate: a finished 138 m² at EGP 14,610,000, 730,500 down and about 115,660 a month over 10 years, handing over in October 2030.
• Boutique Village: a finished 156 m² at EGP 16,161,000, 1,616,100 down and about 121,210 a month over 10 years, handing over in October 2029.

If the Condo Park three-bedroom comes in near the two-bedroom metre of about EGP 39,580, it would sit well below all four, and the finishing question would matter even more.

Condo Park pros and cons

The main Condo Park advantage is a 120 m² two-bedroom in Beit El Watan under EGP 5 million in October 2026; the main drawback is that the completion date, finishing and three-bedroom price are still unconfirmed.

• Pro: EGP 475,000 down, and the apartment is fully paid in 7 years.
• Pro: a larger two-bedroom than many comparable New Cairo apartments.
• Con: an instalment of about EGP 50,890, higher than 10-year plans at similar prices.
• Con: no confirmed handover date or finishing level; the green-space share appears in only one source.
• Con: no other El Nemr project with a price on Masharf to compare against.

Send these to WhatsApp at 01270970000 and keep the dated written answers: the handover month and year, whether the unit is finished, semi-finished or core and shell, the building permit and land contract numbers, the three-bedroom size and price, any handover or annual payments, and the reservation deposit and whether it is refundable.