EGP7,000,000
Property details
Listed
56 minutes ago
Property Type
Apartment
Bedrooms
1 Bed
Bathrooms
1 Bath
Furnishing
Partly furnished
Area
60 sqm
Price per area
116,666 EGP/sqm
Available from
22 Sep 2026
APARTMENT FOR SALE IN ALJAR SHERATON, SHERATON AL MATARApartment for sale in Al jar Sheraton, Sheraton Airport, Nozha, Cairo
Locations near Al Gar Sheraton Compound:
Near the Ring Road and Nasr City
Near Cairo Airport, Madinaty, and Rehab City
Near the Suez Road and the Ring Road
Near Shorouk City
17 minutes from Fifth Settlement
15 minutes from Al Ahly Club
Total:
Price: 7,000,000
Down Payment: 20%
Installment: 6 years
Delivery: 2 years
Maintenance: 225,000
- Daily rent: $100
- Annual occupancy rate: 75%
- Hotel commission: 20%
- Dollar exchange rate: 50 EGP
Calculation steps:
1. Down payment:
- Down payment = 20% of 7 million EGP = 1,400,000 EGP
2. Remaining amount after down payment:
- Remaining amount = 7,000,000 - 1,400,000 = 5,600,000 EGP
3. Annual installments over 6 years:
- Annual payment = 5,600,000 ÷ 6 = 933,333 EGP annually
4. Annual rent (same calculations as above):
- Total annual rent: $100 * 365 days = $36,500. - Occupancy rate (75%): $36,500 * 75% = $27,375 annually
- Revenue after deducting hotel commission (20%): $27,375 * 80% = $21,900 annually
- Converting revenue to Egyptian pounds: $21,900 * 50 = EGP 1,095,000 annually
5. Calculating annual return on the amount paid:
- Amount paid by the client (down payment): EGP 1,400,000
- Annual return on rent (in Egyptian pounds): EGP 1,095,000
Smart Move is a fully integrated, fast-growing real estate marketing and brokerage company in Egypt. Established in 2011 and headquartered in Cairo, Smart Move provides outstanding real estate services across Egypt. With our professional and dedicated team, we deliver exceptional and tailored solutions to buyers, sellers, individuals, and institutions, addressing all their real estate needs and requirements.
We have a deep understanding of the Egyptian real estate market and our clients’ demands. Backed by a vast network of the most trusted developers in Egypt, we hold exclusive partnerships across various prime areas, including New Cairo, 6th of October, the North Coast, and Ain Sokhna.
Apart in AlJar Sheraton, fully finished,install 6y
Locations near Al Gar Sheraton Compound:
Near the Ring Road and Nasr City
Near Cairo Airport, Madinaty, and Rehab City
Near the Suez Road and the Ring Road
Near Shorouk City
17 minutes from Fifth Settlement
15 minutes from Al Ahly Club
Total:
Price: 7,000,000
Down Payment: 20%
Installment: 6 years
Delivery: 2 years
Maintenance: 225,000
- Daily rent: $100
- Annual occupancy rate: 75%
- Hotel commission: 20%
- Dollar exchange rate: 50 EGP
Calculation steps:
1. Down payment:
- Down payment = 20% of 7 million EGP = 1,400,000 EGP
2. Remaining amount after down payment:
- Remaining amount = 7,000,000 - 1,400,000 = 5,600,000 EGP
3. Annual installments over 6 years:
- Annual payment = 5,600,000 ÷ 6 = 933,333 EGP annually
4. Annual rent (same calculations as above):
- Total annual rent: $100 * 365 days = $36,500. - Occupancy rate (75%): $36,500 * 75% = $27,375 annually
- Revenue after deducting hotel commission (20%): $27,375 * 80% = $21,900 annually
- Converting revenue to Egyptian pounds: $21,900 * 50 = EGP 1,095,000 annually
5. Calculating annual return on the amount paid:
- Amount paid by the client (down payment): EGP 1,400,000
- Annual return on rent (in Egyptian pounds): EGP 1,095,000
Smart Move is a fully integrated, fast-growing real estate marketing and brokerage company in Egypt. Established in 2011 and headquartered in Cairo, Smart Move provides outstanding real estate services across Egypt. With our professional and dedicated team, we deliver exceptional and tailored solutions to buyers, sellers, individuals, and institutions, addressing all their real estate needs and requirements.
We have a deep understanding of the Egyptian real estate market and our clients’ demands. Backed by a vast network of the most trusted developers in Egypt, we hold exclusive partnerships across various prime areas, including New Cairo, 6th of October, the North Coast, and Ain Sokhna.
Amenities
Building / Compound Specific
Covered Parking
Sports Courts
Clubhouse
Unit Level
Partly furnished
Others
Lobby in Building
Location
Price Insights
This property costs 9% more than the average price of 1 bedroom in Cairo
Average Sale Price is 6,428,948 EGP
This property is 19% smaller than the average size of 1 bedroom in Cairo
Average size is 74 sqm
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Cairo
Provided by
Nour Ezz
Smart Move
See agency properties (144)Regulatory information
Regulatory information
Reference
sm4934
Listed
56 minutes ago
Payment method
Installments
Down payment
1,400,000 EGP