Life in Katameya is evidently luxurious, comfortable and peaceful. This beautiful district is loaded with numerous services and facilities that promise you the life you’ve always wished for. Katameya includes many compounds, providing you with many lifestyles to choose from. Katameya Residence is definitely one of the top compounds within the area for many good reasons. If you’re searching for somewhere that gives you the chance to live life in Katameya to its fullest, you’ve found the right place.
The Developer Behind Katameya Residence
This beautiful compound is the project of Al Ahly for Real Estate Development, a leading Egyptian Real Estate firm founded back in 1994.
Its founder and current CEO is Hussein Sabbour, and that’s why it’s widely known by his own last name; Sabbour. As a matter of fact, Al Ahly for Real Estate Development initially started out as an engineering consulting firm, then later developed into a very successful Real Estate company.
Enjoy A Peaceful Way Of Living At The Square Compound – Fifth Settlement
Their projects have prospered in many areas across Egypt, especially in the North Coast, Sharm El-Sheikh, and New Cairo.
Among over 50 projects made by Al Ahly for Real Estate Development, their residential projects in New Cairo are more prominent than any others. According to their website, their main missions are to uphold the highest levels of professionalism and integrity through providing their partners and clients with the ultimate mixture of sophistication, amenity, and supremacy.
Besides their residential projects, they’ve also made projects like Platinum Club; the biggest sports complex in Fifth Settlement, stretching over 30 acres in Lotus block.
It’s also worth mentioning that Al Ahly for Real Estate Development was one of the first real estate companies to start investing in Fifth Settlement. About 14 years ago, they’ve launched their Grand Residence Compound over an area of 250 thousand square meters. They’ve also developed Katameya Hills, which launched in 2003 over an area of 150 square meters.
A Tour Around Katameya Residence
Ever since it was launched back in 2000, New Cairo has shown amazing success in attracting residents. This is because unlike other cities in Cairo, New Cairo lacks pollution and crowds, and provides strong and important facilities.
As a result, investment companies have lately become aware of the importance of such a district, especially Al Ahly Sabbour. Katameya Residence was one of the first compounds in New Cairo, launched back in 2003.
The compound stretches over 320 thousand square meters, and it only includes 361 residential units.
Katameya Residence includes such a small number of units. This obviously guarantees every resident’s convenience and privacy within the compound. If every unit is occupied by 5 people, this means only 1750 people get to enjoy the 320 thousand square meters full of services and absolute luxury.
Compound Location
The compound lies at a very distinct location beside the Police Academy, and next to the Ring Road by the road to the airport.
An amazing thing about this location is that the compound is surrounded by many different universities such as the AUC, the GUC, and Mostakbal University. It also lies amid many international and private schools, along with several huge shopping malls like Cairo Festival City and Point 90.
Other than that, you’ll also find yourself close to most public facilities, banks and major companies in New Cairo.
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Services in Katameya Residence
The compound provides various services for their resident’s convenience and luxury. You’ll find yourself surrounded by lush greenery and landscapes which take up almost 80% of the compound’s total space.
Above that, the compound includes several international restaurants and cafes.
You will get to enjoy the compound’s health club, the gym and spa, several sports fields, plenty of swimming pools across the compound and a huge shopping mall for your entertainment.
The Privilege of Living in Katameya Residence
Katameya Residence promises a life like no other. Residents in this luxurious compound enjoy a ton of exclusive privileges that make their life so much better. Perhaps the huge space of the compound and the small amount of units is the most prominent privilege of all, along with the vast landscapes across the whole compound’s space.
Children are going to love these gardens! Not only that, but they’re very suitable for adult entertainment as well.
Through these privileges, Katameya Residence successfully counters every downside of living in Cairo, by providing a peaceful and quiet environment.
Payment Options
Katameya Residence provides different payment options to suit all of their clients. Down payments range between 10% and 30% of the desired unit’s price, with the ability to install the rest over up to 7 years.
Prices in Katameya Residence
The average price of a townhouse in this compound is EGP6.5 million, with the price of one square meter being EGP23,000. While the average price of a big villa is about EGP14 million, the average price of an apartment ranges between EGP3.5 million up to EGP4.5 million for duplexes.
*prices were last updated in January 2019.