Online booking has officially begun today for more than 2,400 residential units in the “Bashayer Al-Khair” project in Alexandria. These units are part of the 35,000 units available in the first phase of the largest housing offering in Egypt.
The booking deposit for the units is EGP 151,000, which includes EGP 150,000 as a reservation fee and EGP 1,000 for registration charges. Buyers are required to complete 20% of the unit price and pay 2% administrative fees within two months after the booking period ends. Upon receiving the unit, an additional 10% of the total unit price is due, along with a maintenance deposit.
The remaining 70% of the unit price is to be paid in quarterly installments over 3, 5, or 7 years, with an interest rate equivalent to the Central Bank of Egypt’s declared rate, plus an additional 2% and 0.5% collection fees. The first installment is due three months after receiving the unit.
Unit sizes range from 90 to 176 square meters.
Hotline for Booking Inquiries
A new dedicated hotline has been launched to answer inquiries about all new residential projects offered by the New Urban Communities Authority. The number is: 17404
Social Housing Apartment Locations for 2025
Social housing apartments for 2025 are available in the new offering across various governorates and new cities, including:
-
Obour City
-
Hadayek October
-
New October City
-
10th of Ramadan
-
Sadat City
-
New Borg El Arab
-
New Assiut
-
New Sohag
-
Qena
-
Minya
-
Badr City
