Promenade New Cairo

Promenade New Cairo: Wadi Degla's finished family homes near the American University

Promenade New Cairo is a residential compound by Wadi Degla Developments in the Fifth Settlement. It is finished: every unit recorded with us is past its handover date, three-bedroom apartments of 180 to 225 m², and a four-bedroom apartment, a penthouse and a duplex of 255 m² each. The developer has no priced units on offer now, so buying here today means resale from an owner, and the resale prices are in the price table on this page.

This page explains where Promenade is, what it has, how to choose a unit, and what to check before buying from an owner.

Promenade compound in the Fifth Settlement, New Cairo

Where is Promenade compound in New Cairo? According to the project's details, about 5 minutes from the American University and 5 minutes from 90th Street, and about half an hour's drive from Maadi, Heliopolis and the New Capital. Its nearest neighbours in our catalogue are Jade & Blue and Ivoire East about 500 metres away, Solana East a kilometre and Hyde Park 1.5 km. This Promenade is in New Cairo; Wadi Degla's project in West Cairo is Pyramids Walk in October, a different page. See the location under location, or the New Cairo page.

Who is Promenade for?

A family that wants a large ready apartment

Three-bedrooms of 180 to 225 m².

A large family

The 255 m² four-bedroom apartment.

A buyer who wants a duplex or a roof

The fully finished 255 m² duplex, or the 255 m² penthouse.

Someone working near the American University or 90th Street

About a 5-minute commute.

Unit types in Promenade

• Apartment, 3 bedrooms, 180 to 225 m²: finishing differs by unit.
• Apartment, 4 bedrooms, 255 m².
• Penthouse, 3 bedrooms, 255 m²: finishing differs.
• Duplex, 3 bedrooms, 255 m²: fully finished.

The four-bedroom apartment, the penthouse and the duplex are all 255 m², so the choice between them is not about size but how you live: a fourth room on one floor, a roof on the top floor, or two floors separating guests from bedrooms.

Four-bedroom, penthouse or duplex?

The four-bedroom keeps everything on one level with no stairs, comfortable with older relatives. The penthouse gives a roof, views and top-floor quiet, but three bedrooms. The fully finished duplex separates living space from bedrooms, suited to a family with children.

Apartments for sale in Promenade

Are there apartments for sale in Promenade? Yes, from owners, since the developer has none priced on offer. All are family sizes from 180 m² up. Finishing varies, so ask each owner whether the apartment is finished or needs work, which changes the price you should pay.

A ready unit here or a new one nearby?

Using the cheapest unit's price per metre in new projects close by: Daymark about 100,000 for apartments; Jade & Blue about 83,200 for apartments and 77,500 for penthouses, handover 2028; Ivoire East about 71,200 for apartments and 78,800 for duplexes, handover 2029. Divide the owner's price by the area and compare, then add the rent you would pay while waiting for a new unit.

Promenade prices and payment plans

The developer has no priced units on offer, so no developer price or plan is recorded with us. The prices owners are asking are in the resale price table on this page, updated monthly. On resale, the owner may still owe Wadi Degla instalments, so ask for a statement and agree in writing who pays the rest.

Amenities and services in Promenade

According to the project's details: a gym, a walking track through greenery, a swimming pool, a spa, a squash court, a yoga area, water features and landscaping, round-the-clock security and underground parking. See the amenities section for what is recorded.

Promenade photos

The gallery and master plan are at the top of this page. A visit tells you more: see the building, floor and view, and the distance to the pool and gym, once by day and once at night.

Promenade reviews: ask residents

We have no reviews or complaints recorded about Promenade, so ask for yourself. Talk to residents about maintenance and its cost, security, and 90th Street traffic at peak times. A neighbour's answer is worth more than any online review.

Living in a finished compound

A finished compound has no construction noise, neighbours already live there and services run, unlike new projects nearby such as Jade & Blue and Ivoire East, due years from now. Ask about the state of the buildings and lifts after years of use.

Negotiating with the owner

Resale has no price list. Check the resale table on this page and ask how long the owner has been selling. Floor and view change the price: a unit overlooking the pool or green space usually costs more. Judge the finishing yourself and take any repairs off the price.

For investment

Large ready apartments near the American University let to families and staff on long contracts, and finished units let faster than ones needing work. Work out the return with real rents for similar units in the compound, minus maintenance and empty months.

Buying resale safely

• Contract: see the original contract with Wadi Degla and the owner's proof of ownership.
• Transfer: ask about the transfer fee before agreeing a price.
• Maintenance: confirm fees are paid up to date.
• Parking: ask whether the unit has a space in the underground garage.
• Inspection: check finishing, plumbing and electrics, and the roof for a penthouse.

About the developer: Wadi Degla Developments

Wadi Degla has projects published on Masharf including River Walk in New Cairo, Neo Lakes in Mostakbal City and Murano in Ain Sokhna. Since Promenade is finished, you can judge its work yourself.

Your next step

Look at the recorded units under available units and the resale prices in the price table, and read the pros and cons and FAQs. If you want a unit in Promenade, message Masharf on WhatsApp from the button on this page with the type and budget, and we will tell you what we can find.