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| Project Name | The Phoenix |
| Location | New Cairo |
| Developer | Hassan Allam Properties |
| Project Area | 2 Feddan (~8,400 m²) |
| Starting Price | 19,100,000 EGP |
| Down Payment | 5% |
| Installments up to | 10 years |
| Finishing | Fully Finished |
| Delivery Year | 2028 |
The Phoenix Compound is a luxury apartment project from Hassan Allam Properties, sitting inside the master plan of SwanLake Residences in New Cairo. The "Phoenix" name reflects the project\'s identity as part of the SwanLake family that includes Iris, Scarlet, and Selina.
The fundamental advantage of The Phoenix: membership in the larger SwanLake Residences master plan. Residents don\'t just get an apartment — they get membership in the entire SwanLake community, with its amenities, lakes, and mature gardens spanning all 454 acres (about 190 feddans).
The Phoenix unit prices start from 13,000,000 Egyptian pounds for the smallest apartments, with mid-range units in the current release sitting around 19,100,000 Egyptian pounds. The payment plan opens at just 5% down with 8-year zero-interest instalments, widening the buyer pool at low initial liquidity.
Current sales status: The Phoenix is the fifth sub-phase of the Swan Lake Residences master plan, in active selling from Hassan Allam Properties with a parallel resale market on Nawy and Aqarmap. Not sold out and not yet in handover — both developer launches and documented resale units are available.
Delivery is scheduled through 2026, making The Phoenix a near-term handover option inside a partly-completed master plan. An important advantage: residents won\'t wait for core amenities to come online — SwanLake amenities already operate for prior phases.
Finishing comes at Fully Finished level — complete and ready for living. This separates The Phoenix from many New Cairo projects that come Core & Shell, where the owner needs an additional 1,500,000 to 3,000,000 Egyptian pounds to complete finishing.
The unique advantage of The Phoenix SwanLake: balance between luxury and accessibility. The 19,100,000-Egyptian-pound entry price is higher than ordinary compounds, but far lower than SwanLake\'s villas (115,000,000+ pounds). It is the mid-luxury tier of SwanLake Residences.
The typical The Phoenix New Cairo buyer is a mature high-income couple, or a small family seeking a luxury apartment in an upscale community without committing to a full villa. The segment includes professionals, academics, and investors.
The Phoenix Hassan Allam draws on the record and brand of Hassan Allam Group, founded in 1936 — Egypt\'s most established construction empire. This pedigree provides execution assurance hard to achieve for newer developers.
The Phoenix sits inside the master plan of SwanLake Residences in New Cairo. Exact coordinates: 30.0751°N, 31.4708°E. This places the project east of the Fifth Settlement on the Regional Ring Road, with direct access from North 90th Street.
The standout locational advantage of The Phoenix SwanLake Residences: proximity to Al Rehab and Mirage City. Just one kilometre away places Phoenix residents minutes from daily services, schools, and hospitals in Al Rehab — a residential neighbourhood mature for decades.
The location inside SwanLake Residences places Phoenix residents minutes from SwanLake\'s central lakes, the master-plan social club, and internal commercial zones. Daily life depends less on leaving the master plan.
For comparison between Phoenix and other SwanLake projects, see The Scarlet the larger luxury sister, or Swan Lake Residence the master-plan villa cluster.
The Phoenix design adopts a "luxury apartment in a lake community" philosophy. Buildings are low-rise (3-5 floors), with contemporary façades, wide balconies overlooking gardens and lakes, and elegant entrances for each block.
The standout architectural feature at Phoenix: views over lakes and green spaces. The internal layout is designed so most units overlook water elements or central gardens, avoiding external street views.
The overall layout of The Phoenix follows a "spaced low-rise blocks" concept — building density lower than the New Cairo average, with green spaces between blocks reinforcing privacy and a private-garden feel for each building.
Interior finishing comes at Fully Finished level — fitted kitchens, premium bathrooms, final flooring, complete electrical wiring. The owner moves into a ready unit without additional investment. This is a major advantage in The Phoenix\'s tier.
The Phoenix SwanLake Residences brochure highlights design elements: wide balconies, lake views, and the premium finishing that distinguishes the SwanLake series from the rest of New Cairo offerings.
The Phoenix offers a mix of apartments, duplexes, and penthouses, without villas or townhouses. This focus on vertical residential units defines the project as a "luxury apartment building" inside the lake community.
The mix tilts toward complete apartments (~70%) with a limited share of duplexes and penthouses (~30%). Penthouses usually sell first due to scarcity and unique views over the SwanLake lakes from upper floors.
The Phoenix unit prices start from 13,000,000 Egyptian pounds for the smallest apartments (around 120 m²). This is the documented entry point with Hassan Allam Properties, above ordinary apartments but well below SwanLake villas.
Mid-view apartments in the current release sit around 19,100,000 Egyptian pounds — a common price point for mid-sized units with a good view. Figures refresh with each release inside The Phoenix.
Mid-sized apartments (two-bedroom, 120-150 m²) at The Phoenix range from 22,000,000 to 30,000,000 Egyptian pounds, depending on floor and view. Larger apartments (150-180 m²) start from 32,000,000 and reach 42,000,000 pounds.
Duplexes at The Phoenix range from 38,000,000 to 52,000,000 Egyptian pounds, carrying a substantial premium for the extra space and the vertical-villa feel. Penthouses reach up to 60,000,000 Egyptian pounds for larger units with unique SwanLake-lake views — the documented ceiling of the current phase.
For comparison: The Scarlet (the more luxurious sister) starts from 60,826,700 Egyptian pounds, Swan Lake Residence (villas) from 115,000,000 Egyptian pounds. The Phoenix offers the most accessible entry point to live inside SwanLake Residences.
The Phoenix pricing is shaped by four factors: unit size, floor (upper floors carry a view premium), view direction (lakes / gardens / street), and unit type (apartment, duplex, penthouse).
For the latest Phoenix price list, contact the CompoundGate team — pricing shifts with each new release phase.
The Phoenix payment plan is designed to widen the buyer pool: just 5% down at signing, with the remainder spread across 8 years zero-interest. This is one of the most generous plans in the New Cairo luxury market.
The practical scenario on a 13,000,000-Egyptian-pound entry apartment at 5% down: the buyer needs only 650,000 Egyptian pounds at signing. The remaining 12,350,000 spreads across 8 years (96 months) in quarterly or semi-annual instalments per the phase schedule.
For mid-range units around 19,100,000 Egyptian pounds, the 5% down equals 955,000 pounds at signing, with the remaining 18,145,000 spread across the same 8-year window — pricing flexibility for buyers across sizes and views.
The benefit of 5% / 8 years: a very low entry point, a comfortable payback period that lowers monthly pressure, and zero interest — meeting the requirements of buyers preferring riba-free financing.
Some phases offer significant cash discounts (up to 36% for cash settlement per some sources). This serves buyers with full liquidity and gives flexibility in negotiation. Verifying the current package is essential before signing.
Payments are mostly semi-annual. Guarantee cheques sit under Hassan Allam\'s supervision until 2026 handover. Direct contracting with the developer or via a certified broker is essential to secure the announced terms.
Investing in The Phoenix is driven by four engines. First: the soft payment plan (5%/8) allows entry into a luxury investment with low liquidity, reducing the entry barrier for the mid-capital investor.
The second engine: membership in SwanLake Residences master plan. Residents get access to a 454-acre community with mature lakes and gardens. This supports long-term value — compounds inside large mature master plans appreciate faster than standalone projects.
The third engine: the Hassan Allam brand. The company since 1936, a construction empire that built much of Egypt\'s modern infrastructure. The name alone provides execution confidence for the long-term investor.
The fourth engine: fully-finished delivery. The owner takes possession of a unit ready for immediate rental within weeks, without an additional 1,500,000 to 3,000,000 Egyptian pounds to complete finishing as in Core & Shell projects.
The Phoenix rental yield is estimated at 5-7% for long-term apartments, reaching 8-10% for short-term furnished rentals. The location near Al Rehab and Mirage City ensures stable demand from professionals and transient families.
Risks: the 13,000,000-Egyptian-pound starting price is above the New Cairo market average, limiting resale speed to a broad segment. Solution: positioning toward the "luxury apartment in a mature master plan" segment creates a stable specialist market.
The Phoenix benefits from SwanLake Residences\' complete amenity set, plus dedicated services for Phoenix residents. This places the project in a rare position — multi-tier amenities since handover.
The 13,000,000-Egyptian-pound starting price is above the New Cairo average: excludes the average buyer and limits resale speed to a broad segment.
Mitigation: the 5%/8 zero-interest plan eases pressure on initial liquidity — 650,000 pounds at signing on a 13,000,000-pound entry apartment is manageable for most of the target segment. Fully-finished delivery removes additional investment, so the effective living cost matches the unit value.
The location east of the Fifth Settlement is far from Golden Square and the most prestigious neighbourhoods: the marketing impression may be lower than projects inside Golden Square.
Mitigation: proximity to Al Rehab — a mature residential zone with established daily services — compensates for the distance to the more prestigious areas. More importantly: membership in SwanLake Residences itself builds an identity independent of the surrounding geography.
Hassan Allam Properties is one of Egypt\'s most established property developers, part of the Hassan Allam Group founded in 1936. The parent company built much of Egypt\'s modern infrastructure — bridges, roads, power stations, airports.
The Hassan Allam Properties New Cairo portfolio includes The Scarlet, Swan Lake Residence (villas), Lake View Residence, The Valleys.
On the North Coast, Hassan Allam develops Swanlake with the multi-lake concept. In 6 October, HAPTown and other projects. In El Gouna, Swan Lake El Gouna with a resort character.
Hassan Allam Properties\' institutional advantage is construction depth. The parent company has specialised in major construction for 90 years, meaning the property arm draws on execution capabilities unavailable to newer market entrants.
For investors evaluating The Phoenix, Hassan Allam\'s long record (delivered projects over 20+ years in property, 90 years in construction) substantially reduces delay risk.
For a tailored quote on current The Phoenix prices, the inquiry form on this page connects directly with the CompoundGate team. To browse more New Cairo compounds or explore other Hassan Allam projects, follow the internal links across CompoundGate.
Edited and verified by the CompoundGate Editorial Team. Last updated: June 19, 2026.
The Phoenix Compound sits inside the master plan of SwanLake Residences in New Cairo, one kilometre from Al Rehab and Mirage City. Coordinates: 30.0751°N, 31.4708°E. The location is on the Ring Road with direct access from North 90th Street.
Hassan Allam Properties
About Hassan Allam Properties Hassan Allam Properties is the real estate arm of Hassan Allam Holding, one of the largest engineering and contracting groups in Egypt and the broader MENA region. The parent company was founded in 1936 by Eng. Hassan Allam, giving the real estate po...
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