Searching for apartments for sale in El Shorouk has become an ideal option for those looking to live in an area with excellent urban planning, modern infrastructure, and comprehensive amenities and services. El Shorouk City is located along the Cairo-Suez Road, making it close to several vital areas such as New Cairo, the Fifth Settlement, and Madinaty. Additionally, its proximity to the New Administrative Capital significantly enhances its investment value.
Apartments for sale in El Shorouk vary from luxury to mid-range and budget-friendly options, making them suitable for different categories, whether for family housing or investors looking for future profits through resale or rental. There are also various finishing options, including fully finished, semi-finished, or even unfinished apartments, giving buyers the flexibility to choose according to their budget and needs.
El Shorouk City enjoys a tranquil atmosphere due to its well-organized urban planning, featuring abundant green spaces and public parks that add a distinctive aesthetic touch to the city. This makes it one of the best new cities offering an ideal living environment for families seeking stability. Furthermore, the city boasts a modern infrastructure that includes water, electricity, and sewage networks, making it an attractive option for those looking for sustainable housing away from the congestion and pollution of the capital.
How Much Do Apartments in El Shorouk Cost?
The prices of apartments in El Shorouk vary significantly depending on the area, type of property, level of finishing, proximity to amenities, and size. Generally, property prices in El Shorouk are relatively lower than in areas like the Fifth Settlement and Sheikh Zayed, but they are continuously rising due to increasing demand.
Average Prices in Different Neighborhoods
Prices of apartments for sale in El Shorouk vary by district and the level of available services, with the average price per square meter as follows:
High-Priced Areas:
- El Shorouk Compounds: EGP 22,950/m²
- Fifth District - Al Jawhara District: EGP 19,550/m²
- First District - Orchid District: EGP 17,250/m²
Mid-Priced Areas:
- Al Nadi District - Al Aqeeq District: EGP 17,100/m²
- Investment Housing: EGP 16,500/m²
- Third District - Al Ashgar District: EGP 16,100/m²
- Eighth District - Al Rimas District: EGP 16,050/m²
Budget-Friendly Areas:
- Youth Housing (70m): EGP 12,550/m²
- Youth Housing (63m): EGP 12,500/m²
- Family Housing: EGP 12,950/m²
Factors Affecting Apartment Prices in El Shorouk City
Prices are influenced by several key factors, including:
- Location: The closer the apartment is to amenities, services, and commercial areas, the higher the price.
- Finishing Level: Fully finished units are more expensive than semi-finished or unfinished ones.
- Market Demand: As demand for properties in El Shorouk increases, prices gradually rise.
- Proximity to Main Roads: Apartments near major roads such as the Suez Road or Mohammed Bin Zayed Axis have a higher market value.
Comparison of Prices in El Shorouk and Nearby Areas
- Compared to the Fifth Settlement, apartment prices in El Shorouk are 30-40% lower, making it an attractive option for those seeking quality living at a lower cost.
- Compared to Badr City, El Shorouk is relatively more expensive due to its better services and infrastructure.
- Compared to the New Administrative Capital, El Shorouk is more stable in terms of pricing but remains cheaper than areas near the government district and new developments.
Can You Buy an Apartment in El Shorouk with Cash?
Buying apartments for sale in El Shorouk with cash is an ideal option for those who want to acquire property quickly and benefit from discounts offered by some real estate companies. Typically, discounts of 10-15% are available for cash payments, especially if the apartment is ready for handover.
Advantages of Cash Purchases:
- Lower prices compared to installment plans.
- Avoiding additional interest imposed by banks and real estate developers.
- Greater negotiation power with the seller or property owner.
- Faster legal procedures and ownership transfer.
Disadvantages of Cash Purchases:
- Requires a large amount of money upfront.
- The buyer might miss the opportunity to take advantage of flexible payment plans.
How to Buy an Apartment in El Shorouk on Installments
If you do not have the full amount, you can buy apartments in El Shorouk on installments through flexible payment plans offered by real estate companies and banks.
Available Installment Plans:
- Direct Installments with Developers:
- Down payments starting from 10-20% of the unit price.
- Payment periods extending up to 10 years.
- Some projects offer interest-free installments for short terms (3-5 years).
- Mortgage Financing from Banks:
- Covers up to 80% of the apartment value.
- Payment periods of up to 15 years.
- Flexible terms based on the buyer's income and credit history.
- Cooperative Housing Payment Systems:
- Some housing cooperatives offer flexible payment plans for members.
- Payment periods of up to 20 years.
Best Residential Compounds Offering Apartments for Sale in El Shorouk City
- El Shorouk Springs Compound:
- Located on the Suez Road at the second entrance to El Shorouk.
- Offers apartment sizes between 173m² and 223m².
- Installment plans up to 7 years.
- Granda El Shorouk Compound:
- Located in the heart of El Shorouk, near Cairo International Airport and new cities.
- Apartments range from 150m² to 234m².
- Le Park El Shorouk Compound:
- Located in the Fifth District near the main entrance to El Shorouk and the British University.
- Features smart home technology and water features.
- Apartments range from 152m² to 202m².
- Panorama El Shorouk Compound:
- Ideal for small families due to its affordable prices.
- Apartments range from 110m² to 175m².
- May Fair Residence El Shorouk Compound:
- One of the most prestigious projects by Talaat Moustafa Group.
- Located near Madinaty and Heliopolis Club.
- Mainly a villa compound, but some apartments are available for sale.
- Al Nakheel Compound:
- One of the best residential resorts in El Shorouk with a prime location and integrated services.
- Louloua El Shorouk Compound:
- Offers a fully serviced residential environment with green spaces and multiple amenities.
This guide provides all the essential information you need to make an informed decision when searching for apartments for sale in El Shorouk, whether for personal residence or investment purposes.
*The last update on the prices of apartments for sale in El Shorouk City was in February 2025. You can visit the price guide for monthly updates on apartment prices in El Shorouk City.
