Mountain View Hyde Park New Cairo

Mountain View Hyde Park New Cairo: the developer's last units

Mountain View Hyde Park New Cairo is a project by Mountain View in the Fifth Settlement. The developer offers a 203 m² three-bedroom apartment at EGP 19,941,485 and a 300 m² three-bedroom duplex at EGP 29,702,143, with 15% down over 7 years, both ready.

The compound is one of Mountain View's first large projects in New Cairo, and most of its phases were sold and moved into long ago. That changes how to think about the price, as we explain.

Which buyer are the flat and duplex for?

A nearly complete compound surrounded by lived-in phases, with two large unit types on offer. That makes it suit a particular kind of buyer:

A family that wants a lot of space in the Fifth Settlement

The apartment is 203 m² with three bedrooms, a very large size for an apartment, bigger than many four-bedroom apartments elsewhere. The duplex is 300 m², a villa's space over two floors.

Someone who wants a ready unit

Both are ready, so if you rent in New Cairo, the period of paying rent and instalments together is short.

An investor who wants rent soon

A large apartment in a complete compound in the Fifth Settlement, near the American University and 90th Street, lets to families looking for space. The unit is ready, so rent starts soon, and in a lived-in compound there is no wait for services to start.

Someone who wants to buy directly from the developer

Here you still buy from the developer over 7 years.

Apartment or duplex?

The 203 m² apartment costs EGP 19,941,485, about 98,200 per m². The 300 m² duplex costs EGP 29,702,143, about 99,000 per m². So the price per metre is almost the same, and the whole difference is space and way of living:

• The difference: 97 m² more in the duplex for about 9.76 million.
• The apartment: one floor, suited to a family with elderly members or young children.
• The duplex: two floors, living downstairs and sleeping upstairs, suited to a family with older children who want privacy, or someone working from home who needs a study.

Since the metre costs the same, the decision here is not about value but about how much space you actually need. Do not pay 9.76 million for 97 m² you will not use.

A 203 m² apartment: what do you do with that space?

A three-bedroom apartment on 203 m² is a rare size. Most three-bedroom apartments in New Cairo are between 130 and 160 m², so here you have 40 to 70 m² more. That extra space turns into things you feel every day:

• A wide reception: room to receive family and guests without crowding.
• Larger bedrooms: comfortable space for every member of the family, not rooms just big enough for a bed.
• Room for a study or a fourth bedroom: with a simple partition you can gain an extra room without moving.

At about 98,000 per m², this apartment gives you the space of a small duplex in many projects around it, on one floor without stairs.

Deposit and instalments

The deposit is 15% with 7 years of instalments, so you need reasonable cash up front:

• The apartment: EGP 2,991,223 down and an instalment of about EGP 201,800 a month, so an income of around 605,000 if the instalment is to stay under a third.
• The duplex: EGP 4,455,321 down and an instalment of about EGP 300,600, so an income of around 902,000.

The larger deposit makes the instalment lower than a project with 5% down at the same price. These are approximate and before any increases; the details are under payment plans.

Mountain View Hyde Park or Hyde Park next door?

Hyde Park is about a kilometre away, and it is the most sensible comparison:

• Apartments: a three-bedroom in Hyde Park starts at 142 m² for EGP 12,820,000, about 90,280 per m², handing over in August 2030, in October 2026. The Mountain View Hyde Park apartment is 203 m² at about 98,200 per m². So Hyde Park is lower per metre, but the Mountain View apartment is 61 m² wider and ready.
• Duplexes: Hyde Park's 270 m² four-bedroom duplex is EGP 25,250,000, about 93,520 per m², handing over in August 2030. Mountain View's 300 m² duplex is ready. So you pay about 4,452,143 more for 30 m² and a ready unit.

The upshot: if you are in a hurry, Mountain View Hyde Park. If not and you can wait until 2030, Hyde Park saves you per metre.

Price per metre against New Cairo

Using the price per m² of the cheapest unit of the same type in nearby projects:

• Apartments: Solana East about 140,400, ZED East about 136,000, Hyde Park Central about 86,400 and Ivoire East about 71,200.
• Duplexes: ZED East about 155,200, Hyde Park Central about 89,100 and Ivoire East about 78,800.

Mountain View Hyde Park sits mid-market: far cheaper than ZED East and Solana East, dearer than Hyde Park Central and Ivoire East. That is for a nearly complete compound handed over in months, a very reasonable price against its neighbours.

The location: the Fifth Settlement near 90th Street

The compound is in the Fifth Settlement near 90th Street, 5 minutes from the Middle Ring Road, minutes from the Mohamed Naguib axis and 15 minutes from the Mushir Tantawi axis. The American University is 5 minutes away and Cairo Airport about 26 km. Its neighbours are Katameya Heights, Hyde Park and Ivoire East. See it under location, or browse the other projects on the New Cairo page.

Who is the developer of Mountain View Hyde Park?

Mountain View is the developer, and this compound itself is nearly complete and lived in, so you can see its work for yourself and ask neighbours about management and maintenance. In New Cairo it also has iCity and Mountain View 1.1.

Things to know before you book

• The finishing level is not published, so ask about it and get it in writing, because it affects the unit's real cost.
• Read the pros and cons and the amenities above, and check the master plan to see where the unit sits relative to the gardens.

Your next step

See the two units under available units, and turn to the FAQs for any question.