What Makes the Waterway Compound Different than Other Projects

About New Cairo City

New Cairo City, is one of the newest third-generation mega cities in Egypt, established in 2000 as an alternative solution to the overpopulated and overcrowded districts in Greater Cairo and its suburbs. In addition to that, it creates investment opportunities with major corporations and large commercial and economic projects. 

The city is famous for its well-planned design which is clear in its wide streets that lack traffic jams, this comes among many other features led many real estate developers to establish there many stellar residential projects, such as the Fifth Settlement, which constantly see improvements in their services day after day, especially in the case of the transportation network that links New Cairo City to its surrounding cities.

About the Real Estate Developer of the Waterway Compound

The Waterway Compound is one of the most acclaimed works by Idea Verde Real Estate Investment, a promising Egyptian company founded in 2011 by Engineer Ahmed Al Suwaidi and Hussam Hassan, two accomplished businessmen. 

The company was quickly able to establish itself as a rising star among other major players in the Egyptian real estate market, after it carried out several major and high-level residential projects in several areas in New Cairo and North Coast . During a short period, it made huge investments with a total of EGP 12 billion. The company’s major projects include: The Capital Way Compound in New Capital, the Waterway project in North Coast, and the Waterway Compound in the Fifth Settlement. There is also, Waterway White, which is their next project that will be dedicated to administrative offices, and commercial shops. 

Location of Waterway 

The Waterway Compound is located in the Northern Investors Area in New Cairo, only a few minutes from El Teseen Street, the most important street in the Fifth Settlement, the compound is also close to Wadi Degla residential project and Al Banafseg district, which guarantees a convenient neighborhood.

Residential Units in the Waterway Compound 

According to the developers’ vision, which focuses on residents’ privacy as well as leaving large spaces between units for more comfort, the compound is built on a huge area of around 30 acres. Most of the compound’s area is dedicated to vast green spaces, landscapes and as its name implies “Waterway” incorporates the soothing presence of water throughout the public spaces with plenty of artificial lakes; making the compound a healthy and comfortable place for those who seek relaxation and calm.

As for the division of units, there are various types units offered by the project and are divided into three main types:

• Commercial units and stores: These units occupy the ground and first floors of the buildings, with multiple areas and designs to suit all purposes, whether for small shops or large
• Administrative units and offices: suitable for different companies and projects with areas of 200 square meters. On the second floor of the project buildings, each office is equipped with CCTV cameras, underground garages and also special entrances for administrative floors
• Various housing units: The compound offer different designs to suit large or small families, starting from 110 square meters, up to 550 square meters, with several different designs to suit everyone, as you can choose a ground house with a garden and 2-floor apartments

To ensure the privacy of all customers, the three types of units are separate from each other to ensure customers’ convenience and comfort.

Features of The Waterway Compound 

Idea Verde has made sure that the compound is an integrated community where residents will not need to move outside, as they can find the services and amenities they need within their doorsteps. With the commercial area that includes the most famous stores and brands, and the administrative section that also includes several medical clinics, in addition to the nearby international schools and the American University in  Cairo (AUC) the Fifth Settlement, which means that your dear family members is guaranteed to find everything they need.

While the sports and fitness lovers are in for a treat in addition to the availability of large areas for jogging and running amidst greenery, there is also a huge integrated sports gym on an area of ​​2000 square meters which makes it one of the largest sports centers in Egypt.

Waterway Compound Services and Amenities

• Security services
• Parking lots and private garages
• Gyms
• Central air-conditioner
• Internet and cable
• A large number of industrial lakes
• Parkes and jogging lanes

Prices of Units and Payment System

The prices for units and villas in The Waterway Compound vary according to the type, size and design of each unit. 

As for the apartments, the price of the deluxe unites is up to EGP 5,50000*. While the company offers various payment facilities in easy annual installments.

*Please note that all prices in the article are subject to change according to various factors and we at Aqarmap are constantly updating our prices guide for districts to keep customers informed about the latest updates in the real estate market in addition to our Aqarmap Real Estate Index.

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