The Urban Development Fund continues to launch its housing projects in a number of Egyptian governorates, as part of the Governorate Capitals Development Initiative, which aims to provide fully finished and ready-to-deliver residential units, with various payment system facilities of up to 5 years without interest.

In this report, we review the most important details of the apartment specifications, prices, and payment systems available in various locations.
Payment systems for governorate capitals development apartments

1. Nasr City - Al-Waha District

Area: 40 acres, including 54 buildings (ground floor + 11 repeated floors).

Apartment specifications: Fully finished with an average area of 182 square meters.

Prices: Starting from 5.279 million pounds.

Reservation down payment: 15% (about 791,875 pounds).

Payment system: Quarterly installments of 224 thousand pounds in 20 installments, and a maintenance deposit of 280 thousand pounds.

Payment period: Up to 5 years without interest.

Delivery date: Within one year.

2. Al-Maasara Apartments

Area: 10 acres, including 9 buildings (ground floor + 9 repeated floors).

Apartment area: 113 square meters.

Prices: starting from 1.759 million pounds.

Booking down payment: 263 thousand pounds.

Payment system: Quarterly installments of 74,700 pounds (20 installments) and maintenance deposit of 71 thousand pounds.

Payment period: Up to 5 years.

Delivery: Within one year.

3. Awqaf Project - Shubra

Area: 23 acres, including 25 buildings (ground floor + 10 repeated floors).

Apartment area: 113 square meters (8 apartments per floor).

Prices: starting from 1.302 million pounds.

Booking down payment: 195 thousand pounds.

Payment system: Quarterly installment of 55 thousand pounds and maintenance deposit of 69 thousand pounds.

Payment period: Up to 5 years without interest.

Delivery: Within one year.

4. Al-Hariri Project - Sharqia

Area: 21 acres, including 40 buildings (ground floor + 8 repeated floors).

Apartment area: 136 square meters (4 apartments per floor).

Prices: Starting from 1.970 million pounds.

Booking down payment: 295 thousand pounds.

Payment system: Quarterly installment of 83 thousand pounds and maintenance deposit of 104 thousand pounds.

Delivery: Within one year.

5. Kafr El-Sheikh Projects (2 and 3)

Kafr El-Sheikh 2:

Area: 30 acres, including 33 buildings.

Apartment area: 113 square meters.

Prices: Starting from 1.700 million pounds.

Booking advance: 255 thousand pounds.

Quarterly installment: 72 thousand pounds and a maintenance deposit of 90 thousand pounds.

Kafr El Sheikh 3:

Area: 108 acres, including 109 buildings.

Apartment area: 113 square meters, fully finished.

Prices: starting from 1.706 million pounds.

Booking advance: 255 thousand pounds.

Quarterly installment: 72 thousand pounds and a maintenance deposit of 90 thousand pounds.

6. Fayoum

Area: 14 acres, including 14 buildings (ground floor + 9 repeated floors).

Apartment area: 113 square meters, fully finished.

Prices: starting from 1.267 million pounds.

Booking advance: 190 thousand pounds.

Quarterly installment: 53 thousand pounds and a maintenance deposit of 67 thousand pounds.

Delivery: within a year.

7. Minya

Area: 40 acres, including 78 buildings (ground floor + 5 repeated floors).

Apartment area: 135 square meters, fully finished (super deluxe).

Prices: starting from 2.487 million pounds.

Reservation down payment: 373 thousand pounds.

Quarterly installment: 105 thousand pounds and maintenance deposit of 132 thousand pounds.

8. Sohag (Minning Plant)

Area: 10 acres, including 14 buildings (ground floor + 8 repeated floors).

Apartment area: 113 square meters, fully finished.

Prices: starting from 1.646 million pounds.

Reservation down payment: 247 thousand pounds.

Quarterly installment: 69 thousand pounds and maintenance deposit of 87 thousand pounds.

9. Salam Division - Qena

Area: 67 acres, including 99 buildings (ground floor + 8 repeated floors).

Apartment area: 113 square meters.

Prices: starting from 1.441 million pounds.

Reservation down payment: 216 thousand pounds.

Quarterly installment: 61 thousand pounds and a maintenance deposit of 76 thousand pounds.

10. Suez Projects

First project:

Area: 53 acres, including 158 buildings.

Apartment area: 90 square meters.

Prices: starting from 880 thousand pounds.

Reservation down payment: 132 thousand pounds.

Quarterly installment: 54 thousand pounds and a maintenance deposit of 61 thousand pounds.

Al-Safa Land:

Area: 85 acres, including 243 buildings.

Apartment area: 90 square meters.

Prices: Starting from 845 thousand pounds.

Booking advance: 126 thousand pounds.

Quarterly installment: 59 thousand pounds and maintenance deposit 56 thousand pounds.