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El Sheikh Zaid
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Listing Description
Ourika Compound is one of the high-end projects in Sheikh Zayed City. The Compound is developed by Developer X Company, which has great experience in many areas related to building, construction, and community construction.
The developer named its project Ourika after the Ourika region in Morocco, where a mountain river descends from the top of Atlas Mountains when the snow melts to form a group of waterfalls and small rivers.
All of this is surrounded by green spaces and dense trees, making it a charming natural area that attracts local and foreign tourism.
The area of Ourika Compound is about 16 acres, which is a very large area compared to other projects in Sheikh Zayed and the Sixth of October cities.
Additionally, The Compound has a low percentage of construction, as the area of the building does not exceed 13% of the total project area. This means large green spaces, privacy for all units, and services everywhere.
The Ourika Zayed is established in two phases. The two phases include a variety of units, with a total number of 63 housing units, 26 townhouses, 25 stand-alone villas, and 12 twin houses.
The developer of the project provides easy and varied payment systems that suit everyone. The installment periods may reach 8 years and payment is in equal installments, in addition to the lowest down payment in Sheikh Zayed that does not exceed 5% of the total unit price.
The Owning Company of Ourika Compound is Developer X, a subsidiary of Shura Holding Group. Developer X is one of the real estate development companies with a history derived from the parent company that owns many investments in more than one field, such as chemicals, building materials, real estate, paint, and decoration.
Shura Holding Group was established in 1958 as a company working in the field of agricultural chemicals. Then, its activities expanded to include real estate development, and recently it has established Developer X Company.
Developer X owns a land portfolio of 150 acres throughout Egypt, including the Fifth Settlement, Sheikh Zayed, Sixth of October, and the North Coast. Developer X intends to expand the purchase of many lands in many areas to provide a distinguished range of real estate services to customers.
Developer X seeks to expand its real estate activities by contracting to purchase many lands, especially on the North Coast, after the success of its projects in New Cairo and Sheikh Zayed City. The Company has developed:
-Ourika Project, Sheikh Zayed City
-The Muse Mall, New Cairo
Ourika Compound is specifically located in the first of the new expansions in Sheikh Zayed City. It is directly on Waslat Dahshur Road, and in the middle of a group of high-end residential communities. It is connected to several main roads and axes around it, so, the location of the Ourika Zayed is one of the most distinguished locations in Sheikh Zayed.
The compound is:
-Only 5 minutes away from Cairo-Alexandria Desert Road
-2 minutes away from Mall of Arabia
-3 minutes away from the 26th of July Axis, which means it is close to the areas of West Cairo, Dokki, Mohandessin, and Giza
-10 minutes away from October City
-16 minutes away from Sphinx International Airport
-30 minutes from the new museum and the archaeological area
Areas within the Compound vary to suit all needs. So, whether you look for apartments and duplexes for sale or villas and townhouses for sale or rent, you will find what you aspire for. The Ourika developer X provides 4 types of units with different areas and designs:
Areas of apartments in Ourika Compound range from 50 to 82 square meters. There are 4 other areas for apartments, such as 57, 60, 66 and 72 square meters, making it a suitable project for large and small families and young people.
Townhouses are available with an area of 191 square meters, with a modern facade and a distinctive interior division, where the total area is distributed into the number of rooms and facilities in a balanced manner.
The twin houses within Ourika Compound enjoy a large area suitable for families and large families, as areas reach 225 square meters, in addition to a private garden and a roof space suitable for parties and family gatherings.
Areas of stand-alone villas in Ourika Zayed range from 312 to 380 square meters, with a private garden and garage.
Ourika Compound is designed on a total area of up to 16 acres, where the construction area does not exceed 23%. So, it is the lowest construction percentage in Sheikh Zayed City, which allowed for a distinctive design of the Ourika Zayed in which the developer took into account the green spaces and privacy of all units. The Compound consists of a variety of units, most of which are low and medium-sized.
The units were distributed over the entire area so that the residents feel that they have special views different from the other units.
-Great location close to all Sheikh Zayed and October landmarks
-Distinctive design by Developer X
-Various areas of units
-Convenient payment systems
-Large green spaces
-Ideal building ratio and low housing density
-Private gardens for each unit and green spaces for the entire Compound
-Integrated commercial area
-A health and beauty center for women
-Restaurants and cafes area
-Kids area
-Tracks for running and walking
-A medical center that is minutes away and a pharmacy inside the Compound.
-Security service and surveillance cameras.
-No Downpayment , 7 years installments.
- 5% Downpayment , 8 Years installments.
- 10% Downpayment 8 years installments =Discount 10% on remaining amount.
- 15% Downpayment 8 years installments =Discount 15% on remaining amount.
The prices of units in the Ourika project vary according to the area, the degree of finishing, the location, and the type of unit. The prices of apartments are different from villas, twin houses, and duplexes.
Developer X offers many prices plans to suit each type of unit and offers customers a range of facilities that make them get the best price according to their needs.
It is one of the best Egyptian cities. Over the years, the city has provided many residential and entertainment projects that have attracted investors and customers because of its advantages that are difficult to find in another city.
-Proximity to the capital, roads, and main hubs
-Diversity in units and areas
-Services of the highest quality
-Affordable prices
-Intense competition by the real estate development companies in favor of customers
-Close to the airport, the archaeological area, and October City
3 Years
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