W signature New Cairo

W signature New Cairo: a three-bedroom apartment cheaper than a two-bedroom

W signature New Cairo is a residential compound by The Waterway Developments on 27 feddans in South Investors, Fifth Settlement. It has apartments from one to four bedrooms and a large commercial unit. The cheapest is a one-bedroom from 106 m² at EGP 13,139,000, with 10% down and 7 years of instalments on every unit, and handover in March 2028.

The payment plan is the same for all, so the comparison is about size and price alone. The surprise is that the cheapest three-bedroom apartment costs less than the cheapest two-bedroom, and sits in the same price range as the larger one-bedrooms. So if you are not careful, you may pay the same money for fewer rooms.

Who is W signature for?

A family wanting three bedrooms

A three-bedroom from 156 m² at 17.4 million, the best value in the project.

A single person or a couple

A one-bedroom from 106 m² at 13.1 million, a generous size for one bedroom.

A very large family

A 478 m² four-bedroom apartment, a villa's space on one floor.

An institutional investor

A 1,085 m² commercial unit, for an investor wanting to let to a chain or a large brand.

Three bedrooms or two? Careful

• Two-bedroom: from 163 m² at 18,403,000, about 112,900 per m².
• Three-bedroom: from 156 m² at 17,427,000, about 111,700 per m².

The cheapest three-bedroom is about a million cheaper than the cheapest two-bedroom, has an extra room and is only 7 m² smaller. So there is no reason to take the two-bedroom, unless the layout or position clearly matters to you. If your budget is around 18 million, ask about the three-bedroom first.

The one-bedroom: the large one makes no sense

One-bedrooms run from 106 to 135 m², priced from 13.1 to 17.5 million. So the largest one-bedroom costs almost the same as the cheapest three-bedroom. If you take a one-bedroom, take the small one at about 13.1 million. If your budget is above 17 million, the three-bedroom gives you two more rooms for the same money.

Three-bedroom apartments from 156 to 247 m²

The three-bedrooms span a wide range: from 156 m² at 17.4 million to 247 m² at 27 million. So 91 m² more for about 9.6 million, about 105,500 per extra metre, close to the average price per metre. So if you need more space, the larger apartment is fairly priced, not inflated.

A 478 m² apartment

A 478 m² four-bedroom apartment at 54,922,000, about 114,900 per m², almost the same rate as the small apartments. That is very rare, because a space like this is usually a villa. It suits a large family wanting a villa's space without stairs or a garden to maintain.

The large commercial unit

A single 1,085 m² commercial unit at 352,625,000, about 325,000 per m², with about 35.3 million down. This is a product for a large investor or a company, not a small shop owner. Its price per metre is below the small shops around it, such as H:RS Mall at about 480,500, City Hall at about 500,000 and The Ark at about 654,000. That is natural, since large spaces sell at a lower rate per metre, but the rental market for them is much narrower.

The commercial unit: how to count it

A unit this size is usually let to a large supermarket, a showroom, a restaurant chain or a gym. Such leases are long, but few tenants need that much space. So before buying, ask about rents for large spaces on 90th Street, work out the return after maintenance and the expected empty period, and compare it with the instalment, which will be about 3.78 million a month over 7 years.

What income does the instalment suit?

10% down and 7 years of instalments. If the instalment is to stay under a third of household income:

• One-bedroom: an instalment of about 140,800 a month, so an income of around 422,000.
• Three-bedroom: EGP 1,742,700 down and an instalment of about 186,700, so an income of around 560,000.
• Two-bedroom: an instalment of about 197,200, so an income of around 592,000.
• Four-bedroom: an instalment of about 588,500, so an income of around 1.77 million.

Note that the three-bedroom's instalment is lower than the two-bedroom's. These are approximate and before any increases; the details are under payment plans.

W signature against its neighbours

• Chess Field: about 171,300 per m².
• The Ark: apartments from about 161,900.
• W signature: from about 111,700.
• Ninety Avenue: about 95,600.
• J East: less than half a kilometre away, about 66,100.

W signature sits mid-market: much cheaper than The Ark and Chess Field, and dearer than Ninety Avenue and J East. So you pay less than the luxury projects around it and more than the simpler ones.

Handover in 2028: how soon?

Handover is about a year and a half away and instalments run 7 years, so you will pay most of them while living there. If you rent now, the period of rent and instalments together is relatively short. That is soon compared with most new projects in New Cairo.

South Investors: why it is sought after

South Investors sits on South 90th Street, next to New Cairo's main street with its malls, banks and offices, without being inside its traffic. The American University and El Rehab are close, so if you work in New Cairo or your children are at school there, the daily trip is short. That is part of why prices here are higher than in areas such as the 6th Settlement and Mostakbal City, which are further from 90th Street and its older services.

A small compound: 27 feddans

A compound of 27 feddans means few residents and quiet, with short walks inside. But internal services are fewer than in large compounds, so you will rely on New Cairo's and El Rehab's services around you. The area itself is built up, so that is not a big problem.

For investment

The small one-bedroom is easier to let in New Cairo, with demand from employees and young couples. And the three-bedroom at its current price gives you a better margin if you sell after handover, because it is cheaper than the two-bedrooms.

The location: South Investors

The compound is in South Investors next to South 90th Street, with the American University minutes away, El Rehab close and the airport about 20 minutes. It is reached by the Amal axis, the Gamal Abdel Nasser axis, the Suez road and 90th Street. See it under location, or browse the other projects on the South Investors page.

Who is The Waterway?

The Waterway Developments' projects include The Waterway New Cairo and Triangle.

Things to know before you book

• Compare the three-bedroom with the two-bedroom before choosing, because the three-bedroom is cheaper.
• Ask about each apartment's floor and view, and the maintenance deposit and when it is due.
• The finishing level is not recorded with us, so ask about it and get it in writing.
• Make sure the handover date is in the contract.
• Read the pros and cons and the amenities above.

Your next step

Compare the apartments under available units, and turn to the FAQs for any question.

If you want to know the three-bedroom sizes available and their prices, message Masharf on WhatsApp from the button on this page, and we will send you a written offer with the deposit, instalment and handover date.