Properties For sale in Aswar Residence - United Real Estate Company , Compounds in New Cairo

Aswar Residence Compound is a luxurious residential complex that is located on a total area of 374,114 square meters in the 5th settlement, 5 minutes away from the American University in Cairo (AUC) on the Eastern side of New Cairo.

​​This compound is known to only consist of villas. It is specifically tailored to have villas distributed over 44,946 square meters only of the total area and the remaining space is allocated to green areas, swimming pools, and services, including a club with an equipped gym, and an outdoor swimming pool.

The project consists of 75 villas in total, each of which includes three ground floors, first floors, a roof, and a basement.

There are four groups of properties for sale in Aswar Residence, each group includes 18 villas on average.

The areas of villas in Aswar compound start from 533 square meters up to 765 square meters and the price per square meter starts from EGP 21,600. In short, the payment system for villas in Aswar Residence compound stipulates that only 20% of the total unit value is to be paid in advance with the remaining amount to be paid in installments over 4 years.

Advantages of Aswar Residence Compound

Aswar Residence Compound contains green landscape, swimming pools, tracks for walking and places to chill out.

The compound features two gates linked to the main road and service network with 24/7 security. It includes a clubhouse with an integrated gymnasium, an outdoor swimming pool, and a health club.

The Real Estate Developer of Aswar Residence Compound

United Real Estate Company is one of the most prominent companies in the field of real estate development in Kuwait, the Middle East, and North Africa region. It was established in 1973 per a royal decree in Kuwait, and it was listed on the Kuwait Stock Exchange in 1984. The total value of its assets is KWD 619,000,000 (= USD 2 billion).

Its vision is to become the leading company in the real estate sector in the State of Kuwait with its diversity of activities, and to provide innovative solutions and opportunities through an integrated approach to real estate services with various development capabilities in the Middle East and North Africa, as well as to have a diversified regional investment portfolio.

Previous Works of the United Real Estate Company 

The company has many activities in several countries in the Middle East and North Africa, including:

Commercial complexes, hotels, resorts, residential buildings, shopping malls, buildings, and administrative skyscrapers, in addition to mixed-use real estate projects, foremost among which are: KIPCO Tower, Marina Hotel, Marina Mall in Kuwait, Salalah Gardens Mall, and Salalah Gardens.

Residences in Oman, Abdali Mall in Jordan, Roche View 1090 in Lebanon, Hilton Cairo Heliopolis, Waldorf Astoria Hotel, Aswar Residences in Egypt, a golf club, a five-star hotel, luxury villas and apartments at Assoufid Resort in Morocco.

United Real Estate Company is the real estate arm of the Kuwait Projects Company Holding Company (KIPCO), and it is the largest shareholder in terms of the number of equity shares, with its unified assets under its management or control totaling more than US $33 billion. The Projects Group is one of the largest and most diversified holding companies in the Middle East and North Africa, where the group has major ownership stakes in a portfolio of about 60 companies operating in 24 countries. Its main activities are concentrated in the financial services, media, real estate, and industry sectors. Through subsidiaries and associates of its main companies, it also has ownership stakes in the education and health sectors.

Location of Aswar Residence Compound 

Aswar Residence occupies the best location in the 5th Settlement, in the Golden Square on 90 Street. It is five minutes away from the American University, Point 90 Mall, Al Zohour Club and Platinum Sports Club. It enjoys proximity to many services, public facilities and venues, as it overlooks the most important main road such as the Ring Road and the Central Road, allowing you to move to all the surrounding new cities such as: El Shorouk City, Obour City, Badr City, and the New Administrative Capital.

The Most Important Services of the Fifth Settlement

The 5th Settlement area is characterized by the availability of all kinds of basic and entertainment services, as there are many schools and educational institutions such as: 

-Choueifat School International School 

-Concordia French International School 

-Modern English School 

-Canadian International School (CISE) 

The Fifth Settlement area also has many commercial malls, including: Cairo Festival City Mall, Point 90 Mall, Concord Plaza, Porto Cairo Mall, Cityscape Mall, First Mall, Zahra Mall, Al Nasr Mall, Katameya Mall and Mirage Mall, in addition to famous restaurants and cafes, and sports clubs such as: Wadi Degla Club, Al Zuhour Club, and Platinum Sports Club, in addition to many medical services, as there are many medical centers and major hospitals in New Cairo such as Cairo Medical Center and Air Hospital Specialist.

Advantages of Living in A Compound

The most important advantage of living in a compound is that it is surrounded by gates, security and guards providing the highest levels of safety for residents inside. Compounds are quiet due to the limited numbers of residents in it, and boast green spaces that provide a healthy environment for the residents, and places designated for children to play.

It also offers the entertainment that clients are looking for, such as: swimming pools, sports clubs, restaurants, cafes, and shopping centers within the residential complex. One of the most important advantages of housing in the compound is also the provision of garages. More advantages include:

-The privacy provided by the large areas and the spacing between units

-Living in calmness and away from the hustle of cities

-Places to park cars

-Green spaces and large gardens

-Service areas, schools and hospitals near your home