ZED Project El Sheikh Zayed

ZED Project El Sheikh Zayed: finished apartments in the middle of Zayed

ZED Project El Sheikh Zayed is a residential towers project by Ora Developers on 165 feddans in Sheikh Zayed, around ZED Park. The developer is offering studios and apartments from one to three bedrooms, all recorded as fully finished, with prices from EGP 9,000,000 for a 60 m² studio, 10 years of instalments and handover in October 2030.

ZED is not a compound of villas and private gardens; it is towers in the middle of Zayed. So what you buy here is the location and the services around you more than space. The offer is split between two phases, and the gap in how much space the same money buys is very large, which is the first thing you need to know.

Who is ZED Sheikh Zayed for?

An investor wanting a small unit to let

The 60 m² studio costs 9 million and the one-bedroom from 74 m² costs 10 million. Small finished units in the middle of Zayed, ready to let from handover day.

A couple or a small family

The two-bedroom from 106 m² costs 13 million, or 125 m² at 15 million. Here the choice between the two phases matters.

A family that needs three bedrooms

A 171 m² apartment at 24 million or a 219 m² apartment at 27 million. The second is much larger than the price gap suggests.

Someone who wants to live in the city, not on its edge

If you hate long trips and want malls, schools and hospitals close by, ZED is in the middle of Sheikh Zayed, not in a compound far out on a road.

Park Side or The Village Views?

Both phases are fully finished and handed over on the same date, but they differ in size:

• One-bedroom: 10 million in both, but 74 m² in Park Side Residences and 85 m² in The Village Views. So 11 m² more for nothing.
• Two-bedroom: Park Side 106 m² at 13 million, Village Views 125 m² at 15 million. 19 m² more for 2 million.
• Three-bedroom: Park Side 171 m² at 24 million, Village Views 219 m² at 27 million. So 48 m² more for only 3 million, about 62,500 per extra metre.

The price per metre in Village Views runs from about 117,600 to 123,300, and in Park Side from about 122,600 to 150,000. The upshot: Village Views gives you more space at every size. What might make you choose Park Side is where the building sits relative to the park, so look at both on the master plan.

Studio or one-bedroom?

The 60 m² studio costs 9 million, about 150,000 per m², the dearest metre in the project. The 74 m² one-bedroom costs 10 million. So one million more gets you 14 m² and a separate bedroom. Go to Village Views and the same million gets you 85 m².

If your aim is letting, a one-bedroom lets to a couple or to someone who wants a separate bedroom, so its market is wider than the studio's. The studio here has no advantage other than being the smallest amount to get in.

Is ZED good for investment?

Buying in ZED to let is a bet on two things: the location in the middle of Zayed and the full finishing. Both work in your favour:

• Location: the employee, student or family who wants to be near work, the university and the malls looks in the middle of Zayed, not in a compound far out on a road.
• Finishing: the unit is delivered ready, so you will not spend months and money finishing it before the first rent.
• Size: the small units, one and two bedrooms, are the easiest to let and to resell.

But note that handover is in 2030, so rent will not start before then, and you will pay four years of instalments with no return. If you need rental income soon, a ready resale unit in Zayed suits you better.

What income does the instalment suit?

In Village Views the deposit is 5% with 10 years of instalments. If the instalment is to stay under a third of household income:

• 85 m² one-bedroom: EGP 500,000 down and an instalment of about 79,200 a month, so an income of around 238,000.
• 125 m² two-bedroom: EGP 750,000 down and an instalment of about 118,800, so an income of around 356,000.
• 219 m² three-bedroom: EGP 1,350,000 down and an instalment of about 213,800, so an income of around 641,000.

The deposit for Park Side units is not recorded with us, so ask about it. These are approximate and before any increases; the details are under payment plans.

ZED against its neighbours in Sheikh Zayed

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

• Apartments: ZED from about 117,600, Waterway West about 110,000, Al Karma Kay about 100,600, Village West about 100,500 and La Colina about 63,000.
• Studios: ZED about 150,000, Al Karma Kay about 150,200 and KAIA about 125,200.

ZED is at the top of the apartment market in Zayed, but the gap with Waterway West and Al Karma Kay is small if you take Village Views. The studio is priced about the same as Al Karma Kay's. So if you buy in ZED, Village Views brings you closest to the market price, with Ora's name and full finishing.

Living in a tower: what is different?

Living in towers around a park is different from a compound of low-rise buildings or villas:

• The view: a high floor over the park is not the same as a low floor over an internal road, so ask about the floor and orientation before the price.
• Maintenance: lifts and shared services in towers make the monthly maintenance charges matter more, so ask about the maintenance deposit.
• Privacy: more neighbours in the same building, which suits someone who likes activity and services nearby, not someone who wants the quiet of villas.

The location: the middle of Sheikh Zayed

ZED is in the middle of Sheikh Zayed itself, with Hyper One, Arkan Plaza and Americana Plaza around it and Nile University and Dar Al Fouad Hospital close by. It is served by the 26th of July axis, the Dahshur link, the Wahat road, the Cairo–Alexandria desert road and Juhayna Square.

Sheikh Zayed has 89 projects in the catalogue, 41 of them published on Masharf. See it under location, or browse the other projects on the Sheikh Zayed page.

Who is Ora?

Ora Developers, Naguib Sawiris's company, has 12 projects published on Masharf. In New Zayed it has Solana, and in New Cairo ZED East, which carries the same name, and Solana East. If you want to compare ZED with ZED East, apartments here are cheaper per metre: about 117,600 in Village Views against about 136,000 there. The same developer and the same full-finishing idea, with about 18,000 per metre in Zayed's favour. In the end the choice comes down to your work and life, east or west of Cairo.

Things to know before you book

• The developer has only 7 units on offer, roughly one of each size in each phase.
• Handover is about four years away, so if you need to move soon, look for a ready resale unit.
• Ask for the exact finishing specification and get it in writing.
• Read the pros and cons and the amenities above.

Your next step

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

If you want to know what is available today and the Park Side deposit, message Masharf on WhatsApp from the button on this page, and we will send you a written offer with the deposit, instalment and floor.