Hope Residence

Developers: Al Ashraaf Developments

Fifth Settlement, New Cairo

About Project

🏙️ Project Identity: Hope Residence — A Premium Integrated Residential Community in New Cairo An elite residential compound expanding over 10 acres in New Cairo, developed by Al Ashraaf Developments. The project boasts a low 20% footprint, dedicating 80% of its space to lush landscapes, facilities, and open-air features. It comprises 18 exclusive buildings with only 4 units per floor to enhance privacy. The architectural layout is designed by the renowned Yasser Al Beltagy (YBA), while the smart building technology infrastructure is engineered by Vodafone Homes, creating a contemporary and sustainable lifestyle. 📐 Technical Details & Pricing (After 15% Launch Discount): 1-Bedroom Apartments: 85 m²: EGP 5,288,500 89 m²: EGP 5,224,100 2-Bedroom Apartments: 121 m²: EGP 6,587,500 128 m²: EGP 6,970,000 3-Bedroom Apartments: 148 m²: EGP 7,897,350 152 m²: EGP 8,678,500 Tailored Payment Plans (May Launch Offers): Offer 1: 10% Down Payment + 5% after 6 months | Equal installments over 10 years (15% Discount included). Offer 2: 20% Down Payment + 5% after 6 months | Equal installments over 10 years (Upgraded 20% Discount included). Project & Construction Status: Excavation works have actively started on-site. All legal documents are 100% secured, starting from the site handover minutes up to the ministerial decree. Delivery is scheduled within 3 years. 📍 Location: Strategically nestled in a highly distinguished, prime location within the 5th Settlement, New Cairo. Positioned right past the intersection of the North 90th Street and Suez Road, it stands as the second block directly from North 90th Street, featuring top-tier proximity: 1 minute from Suez Road. 9 minutes from the American University in Cairo (AUC) & Maxim Mall. 10 minutes from Nasr City, Madinaty, and Heliopolis. 15 minutes from the New Administrative Capital & Cairo International Airport. Shared borders (wall-to-wall) with "Shababik" Compound by Marquee and "Acasa Mia" Compound by Dar Al Alamia. 🛎️ Property & Hospitality Management (BirdNest): The compound's residential and hospitality operations are exclusively handled by BirdNest, a pioneering Egyptian PropTech and hospitality brand established in 2020 by Mostafa El-Nahawy and Ahmed Fadda: Operational Scope: Runs professional, hotel-style short and medium-term rentals (similar to Airbnb but with high-end corporate standards), utilizing an automated mobile app, digital support, and smart check-in systems. They offer full furnishing solutions for buyers to maximize investment yields. Track Record: Successfully operates premium assets across Egypt’s most elite destinations, including El Gouna, Marassi, North Coast, Sheikh Zayed, and major projects within Emaar and SODIC developments. Financial Strengths & Expansion: In 2024, the company closed a major Pre-Series A funding round led by Beltone Venture Capital and CI Venture Capital for a 20% stake, powering up their international expansion into Dubai, Riyadh, and Athens. ✅ Attractions & Amenities: Central Park & Clubhouse: A vast green heart within the compound, complemented by an upscale private clubhouse. Strip Mall: An integrated commercial zone featuring select restaurants, cafes, and retail shopping hubs. Smart Security: Automated smart gates, 24/7 CCTV surveillance cameras, and high-capacity underground parking garages. Leisure Facilities: Professionally landscaped Roof Gardens for outdoor relaxation and fully secured Kids Areas.

Pricing & Payment

Starting Price
5,288,500 EGP
Price / m²
62,000 EGP
Payment Method
Cash + Installment
Down Payment
10%
Installment Years
10
Installment Status
Remaining

Offer 1: 10% Down Payment + 5% after 6 months | Equal installments over 10 years (15% Discount included). Offer 2: 20% Down Payment + 5% after 6 months | Equal installments over 10 years (Upgraded 20% Discount included).

Available Units

No specific units listed yet. Contact for info.

Listing Agent

SestoEstate Team

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