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| Project Name | Palm Hills Katameya (PK1) |
| Location | New Cairo |
| Developer | Palm Hills Developments |
| Project Area | 3 Feddan (~13,000 m²) |
| Starting Price | 36,000,000 EGP |
| Down Payment | 10% |
| Installments up to | 8 years |
| Delivery Year | 2022 |
Palm Hills Katameya PK1 is Palm Hills Developments' entry into New Cairo's most expensive residential area — the Katameya zone, historically dominated by the luxury anchors Katameya Heights and Katameya Dunes.
The strategy behind PK1 is clear: bring Palm Hills's broad client base into an area previously confined to Starlight's luxury clientele. PK1 offers a "Katameya" address at a lower entry price than Heights and Dunes, opening the area to an expanded buyer segment.
Palm Hills Katameya PK1 resale prices start at 36,000,000 Egyptian pounds for townhouses and reach 95,000,000 Egyptian pounds for large standalone villas per live Aqarmap and MLS Egypt listings in May 2026.
This range sits in the upper half of the New Cairo market, but is still notably lower than Katameya Heights (from 100,000,000 EGP) and Katameya Dunes (from 80,000,000 EGP).
The payment plan opens with just 10% down and stretches across 8 years. This is more flexible than what other Katameya luxury projects typically offer (usually 20-30% down given their tier), reflecting Palm Hills's strategy of broadening the buyer base.
The Katameya zone in New Cairo carries a distinct identity: the largest standalone-villa areas in New Cairo, the lowest building density, distance from the central commercial hub, and a "country-house" lifestyle within the city. This identity makes PK1 attractive to large families and buyers seeking privacy.
The Palm Hills Katameya series includes several phases: PK1 (this project, the original), PK2 and PK2 Extension (newer phases at lower entry prices), and PK21 (the most recent launch). This distribution serves a clear commercial strategy: multiple price tiers within the same luxury area.
Palm Hills Katameya PK1 sits inside New Cairo's Katameya zone — the highest-priced residential area in New Cairo. The location places the project in immediate proximity to the historic luxury icons of New Cairo.
The Katameya zone qualitatively differs from the rest of New Cairo: large land plots, low building density, and the upper-tier social profile of original residents (state figures, business leaders, historic families). PK1 leverages this social context to deliver a luxury residential experience.
For geographic comparison with competing projects, see Katameya Heights (the historic reference for the area) or Mountain View 3 (the adjoining competitor).
The architectural design at Palm Hills Katameya PK1 adopts the classical Mediterranean style for which Palm Hills is known: light sandy façades, sloped roofs in earth-toned tile, balconies with arches in Andalusian style.
The project is built almost entirely on a "villas and townhouses only" concept — no large apartment towers. This design choice preserves the Katameya identity as a villa zone and distinguishes PK1 from central Fifth Settlement projects focused on apartments.
The internal layout uses curved streets rather than a grid, with multiple central greens instead of a single core garden. This planning reflects the "every unit surrounded by green" philosophy Palm Hills adopts in its luxury projects.
Finishing comes at Fully Finished Super Lux level for villas: kitchens equipped with imported built-in appliances, bathrooms with premium fixtures, marble flooring, solid wood doors. Townhouses come at the same level with slight de-specs on internal doors and side cladding.
The Palm Hills Katameya PK1 marketing brochure highlights several elements: the internal golf course (a 9-hole compact design), the clubhouse overlooking the green areas, the central lagoon, and running and cycling paths circling the project.
The unit variety at Palm Hills Katameya PK1 leans heavily toward villas and townhouses, with a limited share of large apartments in select blocks.
The PK1 distribution gives ~80% to villas and variants (townhouse, twin, standalone) and ~20% to large apartments (180-260 m²) in specific blocks. This reflects Katameya's identity as a villa zone, distinct from central Fifth Settlement projects with high apartment ratios.
Palm Hills Katameya PK1 resale prices for delivered units in 2026 start at 36,000,000 Egyptian pounds for the smallest townhouses (around 250-330 m²).
This is the current resale-market entry point for a fully-finished, ready-to-move unit inside the Palm Hills luxury project in the Katameya zone — not an off-plan launch price, since the project was handed over in November 2022 and closed from the developer.
Mid-sized villas range between 80,000,000 and 120,000,000 Egyptian pounds, while large villas exceed 150,000,000 pounds. Rare mansion villas can exceed 250,000,000 pounds for the larger units in distinctive locations.
For market comparison: Katameya Heights (the neighbour) starts at 100,000,000 pounds and can exceed 500,000,000 for large villas. Katameya Dunes starts at 80,000,000 pounds. PK1 offers an entry point 30-40% below the neighbours, opening the area to new buyers.
Palm Hills Katameya PK1 pricing is shaped by three factors: unit type (villas above townhouses), unit size, and position within the project (proximity to the golf course or central greens carries a premium).
These figures reflect PK1's resale-market reality for delivered units, not developer launch prices.
Palm Hills also opened newer extension phases (PK2 and PK21) at lower launch prices for buyers who want a "Palm Hills Katameya" address directly from the developer with an installment schedule.
For the latest Palm Hills Katameya PK1 price list, contact the CompoundGate team — prices change periodically and some categories may be partially sold out.
The original developer installment schedule (10% down, 8 years) applied to direct Palm Hills buyers before handover, and units were fully delivered in November 2022.
Buying today in 2026 inside PK1 happens through the resale market on individual-seller terms, not through Palm Hills's sales office.
The most common form today for buying a delivered PK1 unit is full cash, or a substantial 50-70% down payment plus a short 1-3 year installment plan negotiated directly between the two parties.
On a 36,000,000-pound townhouse, that typically means an 18-25 million-pound down payment with the balance carried on short-term cheques.
There is no Palm Hills cheque-custody arrangement in a resale transaction, since handover happened back in November 2022.
The buyer-side guarantee comes from a real-estate lawyer notarising the contract, formally transferring title at the Real Estate Registry, and checking the unit's file with Palm Hills facility management for outstanding service-fee dues.
Palm Hills's seasonal promotions today apply to the newer phases still available from the developer (PK2 and PK21), not the delivered PK1.
Inside PK1, price and payment-term negotiation happens directly with the individual seller, and brokers list typical haggle margins of 5-10% off the advertised resale price.
Investing in Palm Hills Katameya PK1 is driven by three engines. The first: the strength of the Katameya zone itself as the highest-priced residential area in New Cairo. Katameya prices have risen continuously since the area opened in the 1990s.
The second engine: the Palm Hills brand as Egypt's largest publicly-listed property developer. Listed projects enjoy higher investor confidence than non-listed developers, especially for the long-term investor evaluating financial stability.
The third engine: a lower entry point than the neighbours (Katameya Heights and Dunes). Palm Hills Katameya offers a "Katameya address" at roughly 60% of Heights pricing, which raises relative investment return — future price growth has a wider margin from a lower starting point.
Rental yield in the Katameya zone runs 4-6% per year for long-term villa rentals, higher for apartments (5-7%). Luxury villas have a limited tenant base but a wealthy one, drawing ambassadors and multinational executives.
Key risks: delivery risk is fully eliminated since the project was handed over in November 2022, leaving the standard resale risks of physical unit condition and outstanding service-fee dues from the original owner.
The remaining macro risk is a luxury-villa market slowdown, and historically New Cairo's upper tier has held up better than lower tiers in periods of economic stress.
The project is built to Palm Hills's luxury-project standards: amenities at private-club level, daily services, and maintenance standards on par with their flagship North Coast projects.
Luxury entry pricing: a 36,000,000 Egyptian pound resale-floor on PK1 townhouses excludes most buyers outside the upper market tier.
Solution for the same area on a lower budget: Palm Hills Katameya Extension PK2 (a sister phase in the same Katameya cluster) starts at 8,200,000 Egyptian pounds as a developer launch price.
Distance from the central commercial hub: the Katameya zone sits 10-12 minutes from South 90th Street and daily-service centres. Solution: the project provides most essential services internally (shops, restaurants, pharmacy, clinics), reducing the need for daily trips outside the compound.
Palm Hills Developments is one of Egypt's largest property developers, and one of the few publicly listed on the Egyptian Stock Exchange. Founded in 2005, over 20 years it built one of Egypt's largest property portfolios.
The Palm Hills portfolio in the Katameya zone includes: PK1 (this project), Palm Hills Katameya Extension PK2 (a phase at lower prices), and PH Katameya Ext PK21 (the most recent launch in the cluster).
This three-phase series serves a clear commercial strategy: offering multiple price tiers within the same luxury brand. The budget-constrained buyer starts with PK2, and as financial capacity grows, moves up to PK1 or the newer PK21.
The broader Palm Hills New Cairo portfolio includes 97 Hills, Village Garden Katameya, The Village, The Village Gate, Palm Hills New Cairo, and others.
On the North Coast, Palm Hills develops the famous Hacienda series (Hacienda Bay, Hacienda White, Hacienda Red, Heneish, Waters, Blue). In 6 October, Palm Hills October, Palm Valley, The Crown, Palm Central, Palm Parks.
Palm Hills's institutional advantage as a listed company is financial transparency — quarterly financial reports give investors confidence in the company's ability to deliver long-term commitments.
For investors evaluating Palm Hills Katameya PK1, the developer's long record (20 years, dozens of delivered projects) of phase execution without catastrophic delays is the strongest guarantee for on-time handover.
For a custom quote on current Palm Hills Katameya PK1 prices or to view available units, the inquiry form on this page connects directly with the CompoundGate team. To browse more New Cairo compounds or explore other Palm Hills projects, follow the internal links across CompoundGate.
Edited and verified by the CompoundGate Editorial Team. Last updated: June 19, 2026.
Palm Hills Katameya PK1 sits inside the Katameya zone of New Cairo — the most expensive residential micro-area in New Cairo by price. The project neighbours Katameya Heights and Katameya Dunes (the luxury anchors), and is 10-12 minutes from South 90th Street and 15 minutes from the American University in Cairo. Cairo International Airport is reachable in 25-30 minutes via the Maadi-Katameya corridor.
Palm Hills Developments
About Palm Hills Developments Palm Hills Developments is one of Egypt's largest real estate developers and trades on the Egyptian Exchange (EGX) under the ticker PHDC. Founded in 1997 and headquartered in Cairo, the company has spent nearly three decades shaping Egypt's residenti...
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