Living in Fifth Settlement has lately become every Cairo resident’s dream. In a busy, crowded city like Cairo, luxury usually means peace and quiet. Fifth Settlement offers its residents not only that but a ton of other privileges, easily making it one of the top areas in all of Egypt. Once you’ve decided on living there, you’ll need to start thinking about compounds, they’re so many! Don’t worry, though. In this article we’ll be showing you The Square Compound.
The Developer Behind The Square Compound
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.
Their projects have prospered in many areas across Egypt, especially in the North Coast, Sharm El-Sheikh, and New Cairo, where The Square Compound is located.
Among over 50 projects made by Al Ahly for Real Estate Development, their residential projects in New Cairo are more prominent than any others. For example, The City of Odyssia is one of their glorious residential compounds stretching over 580 acres in Fifth Settlement, close to the AUC. Aria Sabbour is another one of their compounds, offering residential units starting from 129 square meters up to 235 square meters. The price of one square meter at Aria Sabbour starts at EGP12,500.
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. 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.
More About The Square Sabbour
The compound was launched in 2010 in an approach to expand Al Ahly’s projects in New Cairo.
Stretching over 10 acres (420 thousand square meters), the compound includes 2463 units in a brilliantly planned layout.
And it doesn’t only offer residential compounds, either. The Square Compounds provides commercial units as well, promising complete living experience for every resident.
Through all of their projects, Al Ahly for Real Estate Development aspires to provide their clients with the utmost convenience and the most luxurious service, especially so in The Square Compound. Brilliantly laid out and designed, you’ll enjoy the beautiful gardens and artificial lakes across the compound.
Services in The Square Compound
Residents in The Square Compound enjoy plenty of provided services. You can find a sports club, various swimming pools all over the compound, and many unique artificial lakes.
The compound also includes a gym, a shopping mall, and many sports fields. Your security is also guaranteed through 24-hour security service. Does life get any better?
The Privilege of Living in The Square Compound
Perhaps the best thing about this compound is that every unit is equipped with Smart Home technology. Believe it or not, The Square is one of the first compounds to apply such a technology, if not the first-ever.
You’ll get to enjoy amazing natural landscapes along with a track for running and cycling, all in a very relaxing environment.
Families will also find the kindergarten within the compound an amazing privilege, besides the compound’s medical clinic.
For your entertainment and comfort, there’s a huge shopping mall and laundry service.
Payment Options
The Square provides various installment systems to facilitate the process for their clients. You can pay 35% of your desired unit’s price as down payment, and proceed to pay the rest over 4 years and a half of installments. What’s so good about this system, however, is that it includes no interest.
Location
The Square Compound lies next to the American University in Cairo and the Ring Road. Besides that, it’s also fairly close to the New Administrative Capital and the heart of Cairo itself.
Another great thing about this compound’s location is that it lies very close to Cairo Festival City Mall and Point 90. You’ll also find yourself surrounded by different schools, banks, and universities.
Prices in The Square Compound
The average price of one square meter within the compound is EGP9,000 for apartments, and EGP13,000 for villas.
*prices were last updated January 2019.
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