The Crest Compound New Cairo

The Crest Compound New Cairo: 2.5% down, and villas handed over before the apartments

The Crest is a residential compound by IL Cazar Developments in the 6th Settlement, New Cairo, on 158 feddans. On offer: apartments from EGP 4,977,280 for an 80 m² one-bedroom, townhouses from 21,070,216 and villas from 28,624,713, all with only 2.5% down and 10 years of instalments. The villas are handed over in September 2028; the apartments and townhouses in September 2030.

Two things stand out: one of the lowest deposits in New Cairo, and a handover order that runs the opposite way from most compounds, with the houses ready two years before the apartments. This page explains both, and which unit gives the most for the money.

The Crest location

Where is The Crest compound? In the 6th Settlement, New Cairo, according to the project's details. Its neighbours are close: Elen New Cairo about 600 metres away, Vallis 800 metres, Noll 1.3 km, Midtown East 1.8 km and Solana East 1.9 km. So you are in the newest growth area of New Cairo, among many compounds being built at the same time.

See the exact spot under location, or browse the other projects on the New Cairo page.

The developer of The Crest

Who developed The Crest? IL Cazar Developments. In New Cairo it also has Creektown, VEA and Glen; in Heliopolis Stoda, handed over this December; and on the coast Safia. Stoda and Creektown, both close to handover, are the places to see its finished work.

Units in The Crest

What unit types are in The Crest? The project's details list standalone villas, townhouses, apartments, penthouses and duplexes. On offer now:

• One-bedroom apartment, 80 to 100 m²: 4,977,280, about 62,200 per m².
• Two-bedroom apartment, 115 to 145 m²: 6,510,207, about 56,600 per m².
• Three-bedroom apartment, 135 to 196 m²: from 8,898,882 to 16,962,505, about 65,900 per m².
• Three-bedroom townhouse, 180 to 190 m²: from 21,070,216, about 117,100 per m².
• Four-bedroom villa, 220 to 330 m²: from 28,624,713, about 130,100 per m², handed over first.

The two-bedroom is the best metre

The two-bedroom is cheaper per metre than both the one-bedroom and the three-bedroom. For about 1.5 million more than the one-bedroom, you get 35 m² and a room more. Unless your budget stops below 6.5 million, it is the best apartment buy here.

Villas before apartments

The villas are handed over two years before the apartments. So if you were weighing a townhouse against a villa, note that the villa costs about 7.55 million more but arrives two years earlier, saving you two years of rent.

Townhouse or large apartment?

The largest three-bedroom apartment, 196 m², costs about 4.1 million less than the cheapest townhouse of 180 m². The townhouse adds a garden and a house of your own; the apartment gives more space for less. Choose by whether a garden matters to you.

The Crest for sale: the sums

• One-bedroom: 124,432 down, then about 40,400 a month over 10 years.
• Two-bedroom: 162,755 down, then about 52,900 a month.
• Three-bedroom from 8,898,882: 222,472 down, then about 72,300 a month.
• Villa from 28,624,713: 715,618 down, then about 232,600 a month.

A 2.5% deposit means you can book a two-bedroom with about 163,000. If the instalment is to stay within a third of household income, the two-bedroom needs about 159,000 a month. These are approximate; details are under payment plans.

Against the 6th Settlement

• Apartments: Patio Vida about 72,800, Noll about 60,700, The Crest about 56,600, Vallis about 56,000, Grounds about 55,700, Elen about 49,500.
• Villas: The Crest about 130,100, Midtown East about 127,300, Vallis about 125,200, Ever New Cairo about 112,700.
• Townhouses: The Crest about 117,100, Vallis about 91,200.

The Crest's apartments sit in the middle of the area, close to Vallis and Grounds. Its houses are at the upper end: its townhouses in particular cost noticeably more per metre than Vallis's next door. The low deposit is the strongest argument for The Crest; on houses, compare carefully.

2.5% down: what it really means

A deposit this low makes booking easy, but it does not make the home cheaper: the rest is spread over the instalments, so the monthly payment carries more of the price. On a two-bedroom, that is about 52,900 a month for ten years. Before booking, make sure the instalment fits your income for the whole term, not just this year, and ask whether there are yearly or handover payments on top of the monthly ones, because many plans include them.

For investment

A low deposit in an area where many compounds are being built at once suits an investor holding for the long term: little cash tied up now, with the option to sell or let after handover. The one and two-bedrooms are the easiest to let later. But handover for apartments is four years away, so there is no rent until then, while instalments run. Work out how long you can carry them before the unit earns anything.

Who does The Crest suit?

• A first-time buyer with little cash saved: 2.5% down on a one or two-bedroom.
• A family that wants a villa sooner: the houses arrive two years before the apartments.
• An investor holding for growth: a low deposit in New Cairo's newest area.

Things to know before you book

• Check your unit's handover date: villas and the rest are two years apart.
• The finishing level is not recorded with us; ask what you will receive.
• Ask for the full payment schedule in writing, including any yearly or handover payments.
• Find your building on the master plan and ask how far it is from the clubhouse and the gate.
• Read the pros and cons and the FAQs.

Your next step

Look at the units under available units. To compare a two-bedroom with a villa for your budget, message Masharf on WhatsApp from the button on this page, and we will send you a written offer.