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| Project Name | Promenade |
| Location | New Cairo |
| Developer | Wadi Degla Developments |
| Project Area | 33 Feddan (~139,000 m²) |
| Unit Types | Apartment، Penthouse |
| Starting Price | 14,500,000 EGP |
| Down Payment | 50% |
| Installments up to | 3 years |
| Finishing | Semi-finished |
| Delivery Year | 2026 |
Promenade New Cairo is one of the flagship residential projects of Wadi Degla Developments inside the Fifth Settlement, spanning 33 feddans (approximately 138,600 square metres) at the heart of one of East Cairo's most established neighbourhoods.
Compound Promenade New Cairo is built around a walkable community philosophy, with green pathways and a central Hub Waterway that connects every cluster of Promenade Fifth Settlement to its services and recreation amenities.
Prices in Promenade Wadi Degla start from 14,500,000 Egyptian pounds for a large apartment, with a 50% down payment and the balance financed across up to 3 years zero-interest installments thanks to the project's near-handover stage.
The location is strategic — just 5 minutes from the American University in Cairo and South 90th Street, and 30 minutes from Maadi, Heliopolis and the New Administrative Capital, making Promenade Fifth Settlement an ideal address for families seeking a mix of central location and daily convenience.
Units in Compound Promenade New Cairo include apartments and penthouses with open views over the lakes and green corridors, delivered with a semi-finished standard that lets the owner add a personal touch before handover.
Wadi Degla Developments was founded in 2005 and runs more than 16 projects across East and West Cairo, the North Coast and Ain Sokhna, including the sister Neopolis in New Cairo, plus Murano, Club Town and Neo Gardens.
Compound Promenade New Cairo sits inside the Fifth Settlement just 5 minutes from the American University in Cairo (AUC), a short drive from South 90th Street and the high-street retail spine of New Cairo.
The Promenade Fifth Settlement location plugs directly into the Mohammed Bin Zayed North Axis and the Suez Road, putting Maadi, Heliopolis and the New Administrative Capital within roughly 30 minutes of the Promenade New Cairo main gate.
The exact coordinates of Promenade Fifth Settlement are 29.9844 N, 31.5302 E. You can view the location of Compound Promenade New Cairo on the interactive map below this page to measure the project's proximity to your home or workplace anywhere in Greater Cairo.
The architectural philosophy of Compound Promenade Fifth Settlement is built on a walkable-community model — the green corridors and central Hub Waterway promenade tie every cluster of Promenade New Cairo together in a way that rewards daily walking between home and amenities.
Landscape covers the larger share of the 33-feddan plot, with built-up area kept to low-rise horizontal clusters. The result: Promenade Fifth Settlement units enjoy visual privacy and green views from every elevation, a rare combination at this density in the Fifth Settlement.
The Promenade Wadi Degla facade language combines natural stone, large glass openings and warm earth tones, so each building reads as contemporary without breaking the refined character that defines the New Cairo Fifth Settlement skyline.
Every cluster inside Compound Promenade New Cairo contains a limited number of units arranged around an internal pocket garden — this guarantees privacy while keeping the Hub Waterway and the main services district within walking distance.
Units inside Compound Promenade New Cairo are sized for medium and large families, with a clear split between standard apartments and penthouse units that open onto the lakes and the central promenade.
Apartments at Promenade Fifth Settlement range from 175 to 220 square metres, accommodating 3 to 4 bedrooms with a generous living area and open-plan kitchen — well-matched to families seeking a high quality of life inside Promenade New Cairo.
Penthouse units inside Compound Promenade New Cairo start from 240 square metres and reach over 320 square metres, with a private roof and a panoramic view across the green corridors and the Promenade Compound Fifth Settlement central walk.
The semi-finished delivery standard lets every owner inside Promenade Wadi Degla customise floor finishes, kitchen and bathroom millwork, and lighting design before handover — preserving the owner's personal taste alongside the developer's quality envelope.
Compound Promenade New Cairo prices for 2026 start at 14,500,000 Egyptian pounds for an apartment of roughly 175 square metres — an average per-square-metre rate of around 83,000 Egyptian pounds, competitive within the Fifth Settlement comparison set.
Penthouse prices inside Promenade Fifth Settlement range between 18,000,000 and 27,500,000 Egyptian pounds depending on size and view, with a clear premium for units overlooking the central Hub Waterway and the main lakes.
Two factors drive each unit price inside Compound Promenade Wadi Degla: the gross built area, and the degree of view onto the green corridors or the artificial lakes at the heart of the master plan.
To receive the most current Promenade Fifth Settlement price list and the live availability matrix, contact the CompoundGate team — they will send a full pricing pack before you commit to a reservation or purchase.
Wadi Degla Developments offers a payment plan tailored to the near-handover phase of Compound Promenade New Cairo: 50% down payment and the balance financed across up to 3 years zero-interest installments.
Worked example on an apartment priced at 14,500,000 Egyptian pounds inside Promenade Fifth Settlement: the buyer pays a 7,250,000 Egyptian pounds down payment on signing, then schedules the remaining 7,250,000 Egyptian pounds over 36 months at roughly 201,400 Egyptian pounds per month, zero interest.
This schedule suits a family that has saved a solid down payment and prefers to own the unit inside Promenade Fifth Settlement within a short window, rather than stretching installments over many years on a unit that is not yet delivered.
Investing in Compound Promenade New Cairo is driven by three structural factors that make it a defensible choice for the buyer looking for either a primary home or long-horizon capital growth inside the Fifth Settlement.
First: near-term handover in 2026 reduces the timing risk inherent in off-plan compounds. The Promenade Fifth Settlement buyer receives the keys within months, not years, which opens the door to immediate leasing or fast occupancy.
Second: the prime location inside New Cairo within minutes of AUC and South 90th Street underwrites strong rental demand, especially from international university students and the corporate workforce based in Fifth Settlement offices.
Third: the development quality track record of Wadi Degla Developments across sister projects such as Compound Promenade Wadi Degla and Neopolis protects long-term per-square-metre value inside Promenade Fifth Settlement.
Expected rental yields inside Compound Promenade New Cairo run between 5% and 7% per year for mid-sized apartments, with potential upside in peak academic months due to AUC-adjacent demand from international students and visiting faculty.
Services at Compound Promenade New Cairo are designed so every household need sits within minutes on foot of the front door — the walkable-community philosophy that defines every Wadi Degla Developments project.
The services core of Compound Promenade Wadi Degla is anchored by the Hub Waterway — a central promenade that combines the artificial lakes with food-and-beverage outlets and cafes, acting as a daily gathering point for residents of Promenade Fifth Settlement.
Promenade Fifth Settlement also offers a modern gym fitted with the latest equipment, multiple swimming pools for adults and children, a full-service spa, and a dedicated squash court for residents who prefer individual racquet sports.
Secured underground parking inside Compound Promenade New Cairo keeps resident and visitor vehicles off the streets, with 24-hour security, controlled access and a CCTV grid that covers every entrance — a comprehensive safety envelope around all of Promenade Wadi Degla.
Compound Promenade New Cairo combines a set of features that are uncommon in Fifth Settlement projects of similar vintage — the combination makes a Promenade unit a measured choice for primary residence or long-horizon investment.
All of these features combine to make Promenade Fifth Settlement a logical address for families looking for a balance of central location and reasonable investment yield inside New Cairo.
The first drawback some buyers cite in Compound Promenade New Cairo is the 50% down payment requirement — higher than typical for projects still under construction in the wider New Cairo market.
Mitigation: this share is normal at the near-handover stage. The developer prefers to collect the bulk of the price before handing over the key rather than stretching installments long after delivery. The buyer who has saved a sound down payment receives a ready unit inside Promenade within months.
The second drawback is the limited current availability inside Promenade Fifth Settlement because most earlier phases have been sold across the past years — this narrows the choice of view and unit size available to a new buyer.
Mitigation: engaging the CompoundGate team early guarantees access to the live availability list inside Promenade Fifth Settlement before the last units sell, while also opening the resale market as a parallel path if developer inventory runs out completely.
Wadi Degla Developments was founded in 2005 as the real-estate arm of the Wadi Degla Holding group, and runs a portfolio of more than 16 projects spread across East and West Cairo, the North Coast and Ain Sokhna.
The company's delivery track record supports buyer confidence in the announced 2026 handover schedule for Promenade Fifth Settlement, an important consideration when committing to a 50%-down payment plan.
Sister projects of Compound Promenade Wadi Degla include Neopolis in the Fifth Settlement, Murano in Ain Sokhna, and Club Town in New Cairo, plus River Walk and the Wadi Degla Developments Promenade flagship itself.
The Wadi Degla Developments Promenade portfolio stands out for three traits — use of international architects, a focus on the walkable community model, and care for recreation amenities like clubs, pools and central promenades. These traits lift the quality of Promenade Fifth Settlement and protect long-term per-square-metre value.
Promenade sits inside the Fifth Settlement of New Cairo, 5 minutes from the American University in Cairo (AUC) and South 90th Street, 20 minutes from Cairo International Airport, and 30 minutes from Maadi, Heliopolis and the New Administrative Capital.
| Unit Type | Area | Price |
|---|---|---|
| Apartment | 175 – 220 م² | 14,500,000 – 17,500,000 جنيه |
| Penthouse | 240 – 320 م² | 18,000,000 – 27,500,000 جنيه |
Wadi Degla Developments
Wadi Degla Developments is a real estate developer active in the Egyptian market, currently with a main project in New Cairo compounds. النسخة العربية · English version. About Wadi Degla Developments Wadi Degla Developments operates in the Egyptian real estate development sector,...
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