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ATHAR Sheikh Zayed Compound by ATHAR Developments
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Project details
| Location | The Heart of Old Sheikh Zayed, Green Revolution Area, Street 7, Second Street Parallel to El Nozha Street |
|---|---|
| Unit areas | Starting from 50 m² |
| Start Price | 3,200,000 EGP |
| Payment Plan | %5 Down Payment , 8 Years Installments |
| Project Type | Residential , |
| Developer | Athar Developments |
| Unit types | Apartments , |
| Sales number of Athar Developments | 01128061491 (Click the number to call) |
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Athar Sheikh Zayed Compound is an integrated residential development by Athar Developments, a subsidiary of El Sayed Shehata Group (ESG).
Athar Compound is located in the heart of Old Sheikh Zayed, in the Green Revolution area, on Street 7, the second street off El Nozha Street, near Emaar Cairo Gate, Al Rabwa, and Al Ahly Club.
The project spans 7.5 acres and comprises 480 units, with areas starting from 50 sqm for one-bedroom apartments and reaching 173 sqm for three-bedroom apartments.
The development occupies a corner plot overlooking a square and two main streets, with a building footprint of no more than 22.5%, leaving the remaining area for amenities and landscaping.
Prices start from EGP 3,200,000, with a down payment starting at 5% and installments extending over up to 8 years.
Units are scheduled for delivery in red-brick finish, with completed façades and basic electrical and plumbing installations, within 4 years from the contract date.
The Meaning Behind the Name Athar
The name Athar means the lasting mark or legacy a person leaves behind. This is the concept adopted by El Sayed Shehata Group (ESG) for its newest real estate entity.
The group, which began its engineering journey in 1974, believes that true success is measured by its ability to leave a legacy that reflects its values and endures across generations.
The company sums up this philosophy in its slogan, “From Deep-Rooted Origins to an Enduring Legacy.” Its more than 50 years of experience in contracting and development represent the roots, while its new projects are the lasting impact that grows from them.
This philosophy is reflected in the design approach of Athar Sheikh Zayed Compound, which is built around the concepts of Quiet Luxury and smart design.
The project’s identity is built around three key elements:
- A location in the heart of Old Sheikh Zayed, just steps away from major destinations in the Green Revolution area.
- A master plan that allocates more than 77% of the land to amenities, landscaping, and open spaces.
- A developer backed by an engineering legacy dating back to 1974, with major projects completed across Egypt and the Gulf.
Detailed Overview of Athar Sheikh Zayed Compound
Athar Sheikh Zayed Compound presents itself as an attractive residential and investment opportunity in one of West Cairo’s most prestigious areas, right in the heart of Old Sheikh Zayed, in the Green Revolution district.
More specifically, it is located on Street 7, the second street off El Nozha Street, just 350 meters from El Nozha Street. This provides convenient access to essential services and main roads while preserving the tranquillity of its residential surroundings.
The project covers 7.5 acres, with a master plan that balances buildings and green spaces. Buildings account for only 22.5% of the total land area.
The remaining space is dedicated to integrated amenities, landscaping, and water features, providing residents with more open space per person and reducing congestion throughout the development.
The development comprises 480 units, distributed across 3 main apartment types in the typical floors: one-bedroom, two-bedroom, and three-bedroom apartments.
The units have been thoughtfully designed to accommodate different lifestyles, ranging from practical homes for individuals and couples or investment purposes to spacious apartments suited to growing families.
The project’s architectural master plan was designed by A.D.C. It also received Ministerial Decree No. 365, dated March 5, 2026, giving buyers greater confidence in the legal status of the land and development.
The project is being developed by Athar Developments, drawing on the more than 50 years of experience of El Sayed Shehata Group (ESG).
Athar Sheikh Zayed Compound Details
| Item | Details |
|---|---|
| Project Name | Athar Compound |
| Developer | Athar Developments (El Sayed Shehata Group – ESG) |
| Location | Heart of Old Sheikh Zayed, Green Revolution area, Street 7, second street off El Nozha Street |
| Total Area | 7.5 acres |
| Number of Units | 480 units |
| Building Footprint and Amenities | 22.5% buildings, with the remainder allocated to amenities and landscaping |
| Plot Location | Corner plot overlooking a square and two main streets |
| Unit Types | Apartments with one to three bedrooms |
| Areas (BUA) | From 50 to 173 sqm |
| Loading Percentage | 25% |
| Starting Prices | EGP 3,200,000 |
| Approximate Price per Square Meter | From EGP 64,000 to EGP 67,000/sqm |
| Down Payment and Payment Plans | Down payment starting at 5%, with installments over up to 8 years |
| Expression of Interest (EOI) | EGP 100,000, refundable |
| Maintenance Deposit | 8% of the unit price, payable upon handover |
| Handover Date | Within 4 years from the contract date |
| Finishing Type | Red-brick finish, with completed façades and basic electrical and plumbing installations |
| Architectural Master Plan | A.D.C |
| Ministerial Decree | No. 365, dated March 5, 2026 |
For the latest price list and details of available units, contact Athar Compound’s sales team at: 01128061491
Athar Sheikh Zayed Compound Location
Athar Sheikh Zayed Compound is located in the heart of Sheikh Zayed, in the Green Revolution area of Old Sheikh Zayed, on Street 7, the second street off El Nozha Street, just 350 meters from El Nozha Street.
This is an established residential neighborhood with an existing community and a wide range of services, making it an appealing choice for both homebuyers and investors looking for opportunities in a well-developed area.
The project occupies a corner plot overlooking a square and two main streets. This provides the buildings with more façades, wider views, and convenient access and exit routes. It also enhances the location’s long-term value for both residential and investment purposes.
The development is adjacent to Emaar Cairo Gate, with Al Rabwa and Al Ahly Club nearby. This places it close to some of West Cairo’s prominent residential and social destinations, while bringing services, clubs, restaurants, and shopping centers within easy reach of residents.
Distances from Athar Compound
| Landmark | Distance |
|---|---|
| El Nozha Street | 350 meters |
| Sphinx International Airport | 3 minutes |
| 26th of July Corridor | 7 minutes |
| Grand Egyptian Museum | 10 minutes |
| Cairo-Alexandria Desert Road | 10 minutes |
| Emaar Cairo Gate | Adjacent to the project |
| Al Rabwa and Al Ahly Club | In the surrounding area |
Tip: The project is just 3 minutes from Sphinx International Airport and 10 minutes from the Grand Egyptian Museum. It is therefore advisable to try the route during peak hours before booking to get a realistic idea of travel times to your workplace or your children’s school or university.
Developments Near Athar Compound
Several established residential communities and destinations surround the project. Getting to know them helps provide a clearer picture of the neighborhood before making a booking decision:
Emaar Cairo Gate
Emaar Cairo Gate is directly adjacent to Athar Compound and is one of the well-known residential communities in Sheikh Zayed. Its proximity means the surrounding area is already populated and well-served.
Al Rabwa
Al Rabwa is located near the project in Sheikh Zayed. It is an established residential and commercial area that contributes to the neighborhood’s well-developed character.
Al Ahly Club
Al Ahly Club has a branch in the vicinity of the project, adding social and recreational value to the area and providing residents with a nearby destination for sports and family activities.
Unit Types, Areas, and Prices at Athar Sheikh Zayed Compound
Athar Sheikh Zayed Compound offers apartments with one to three bedrooms on its typical floors, featuring carefully planned layouts suited to different lifestyles and family needs.
The selection ranges from practical units for individuals, couples, or investors to spacious apartments for growing families. The areas listed are built-up areas (BUA), with a loading percentage of 25%.
The following table outlines the unit types, average areas, and approximate starting prices:
| Unit Type | Area Range | Average Area | Starting Price |
|---|---|---|---|
| One-Bedroom Apartment | 50–75 sqm | 62 sqm | EGP 3,200,000 |
| Two-Bedroom Apartment | 106–130 sqm | 118 sqm | EGP 7,000,000 |
| Three-Bedroom Apartment | 150–173 sqm | 162 sqm | EGP 10,000,000 |
Note: The listed prices are approximate and may vary depending on the building, floor, actual unit area, and offers available at the time of booking. Confirm the latest prices with the sales team.
One-Bedroom Apartments
These apartments range from 50 to 75 sqm, with an average area of 62 sqm.
They are suitable for individuals and couples seeking comfortable homes, as well as investors looking for a unit with a lower overall price and rental potential in a location close to essential services and the airport. Units are delivered in red-brick finish, with completed façades.
Two-Bedroom Apartments
Two-bedroom apartments range from 106 to 130 sqm, with an average area of 118 sqm.
This category is suitable for small families, offering more living space and an additional room that can be used as a children’s bedroom or a home office. Prices start from EGP 7,000,000.
Three-Bedroom Apartments
These apartments range from 150 to 173 sqm, with an average area of 162 sqm.
They are the largest units in the project, making them suitable for medium-sized and large families seeking comfortable room layouts, more spacious reception areas, and views of the square or landscaped areas.
Payment Plans and Installments at Athar Sheikh Zayed Compound
The developer offers two payment plans, which differ in their down payment percentages and installment periods:
| Down Payment | Payment After 3 Months | Installment Period |
|---|---|---|
| 5% | 5% | 7 years |
| 10% | 5% | 8 years |
The company also offers an Expression of Interest (EOI) option for EGP 100,000, which is refundable. The maintenance deposit amounts to 8% of the unit price and is payable upon handover.
The following is an illustrative example for a 50 sqm one-bedroom apartment priced at EGP 3,200,000, assuming the remaining balance is divided into equal monthly installments:
| Plan | Down Payment | Payment After 3 Months | Remaining Balance | Monthly Installment |
|---|---|---|---|---|
| 5% over 84 months | EGP 160,000 | EGP 160,000 | EGP 2,880,000 | EGP 34,286 |
| 10% over 96 months | EGP 320,000 | EGP 160,000 | EGP 2,720,000 | EGP 28,333 |
These figures are for guidance only and are not binding. They may vary depending on the unit and the offer available at the time of booking, so they should be confirmed with the sales team.
For inquiries about current payment plans, contact Athar Compound’s sales team at: 01128061491
Finishing Type at Athar Sheikh Zayed Compound
Units at Athar Sheikh Zayed Compound are delivered in red-brick finish, with completed façades and basic electrical and plumbing installations.
This means that each unit is handed over with its structural framework, fully completed exterior façades, and basic electrical and plumbing infrastructure, but without interior finishing.
This gives owners the freedom to choose the interior design and materials that suit their tastes and budgets.
This finishing system is suitable for buyers who want to customize their homes entirely by working with their preferred designer and contractor.
It also suits investors who wish to finish their units to a standard that meets the expectations of the Sheikh Zayed residential or rental market.
The main specifications are outlined in the following table:
| Item | Specifications |
|---|---|
| Finishing Level | Red-brick finish with completed façades |
| Façades | Fully completed façades featuring a Quiet Luxury design |
| Installations | Basic electrical and plumbing installations |
| Interior Finishing | To be completed by the owner according to their design preferences and budget |
| Maintenance Deposit | 8% of the unit price, payable upon handover |
Handover Schedule at Athar Sheikh Zayed Compound
The developer plans to deliver units at Athar Compound within 4 years from the contract date, in red-brick finish with completed façades and basic electrical and plumbing installations.
This timeline allows buyers to spread their installments over the seven- or eight-year payment period, both before and after handover, while giving them time to plan the interior finishing and prepare their units for occupancy or rental.
Services and Facilities at Athar Sheikh Zayed Compound
The master plan of Athar Sheikh Zayed Compound is designed around an integrated residential community in which buildings occupy only 22.5% of the total area, with the remainder dedicated to integrated amenities and landscaping. This brings everyday destinations closer to residents.
The key facilities include:
Clubhouse
The project features a fully integrated clubhouse offering residents spaces for gatherings, social events, and recreational activities without having to leave the community. It serves as a central meeting point for families within the development.
Commercial and Administrative Mall
The project includes a commercial and administrative mall serving residents and the surrounding area. It offers retail shops, everyday services, and office spaces for companies and entrepreneurs, allowing residents to meet their needs within the community.
Landscaping and Water Features
Green spaces and water features are distributed throughout the project between the buildings, forming an essential part of the everyday setting. They provide residents with areas for walking and relaxation, along with open views of nature.
Sports Courts and Recreational Areas
The project offers sports courts and recreational areas for children and adults, supporting an active lifestyle that brings together exercise, well-being, and entertainment.
Security and Public Services
The development features organized gates, security and guarding services, and a 24-hour CCTV surveillance system.
It also includes car parking facilities and professional property management responsible for operations and maintenance after handover, helping preserve the value of the project and its commercial facilities over the long term.
Key Facilities at Athar Compound
| Category | Available Facilities |
|---|---|
| Social and Recreational | Clubhouse and recreational areas |
| Commercial and Administrative | Commercial and administrative mall, retail shops, and offices |
| Nature and Landscaping | Green spaces, landscaping, and water features |
| Sports | Sports courts |
| Security and Services | Gated entrances, security, 24-hour CCTV surveillance, and parking facilities |
| Operations and Maintenance | Professional management after handover |
Advantages of Living at Athar Sheikh Zayed Compound
One of the project’s main advantages is its location in the heart of Old Sheikh Zayed, next to Emaar Cairo Gate, just 350 meters from El Nozha Street, 3 minutes from Sphinx International Airport, and 10 minutes from the Grand Egyptian Museum.
This helps reduce daily travel times and puts schools, workplaces, and essential services within easy reach.
In addition, allocating just 22.5% of the 7.5-acre plot to buildings gives residents access to more green space per person and helps reduce congestion within the development.
The corner plot overlooking a square and two main streets also provides the buildings with more façades and wider views.
The project offers a clubhouse, a commercial and administrative mall, sports courts, recreational areas, and water features, as well as 24-hour security and CCTV surveillance.
Residents can therefore enjoy everyday entertainment, shopping, and sports facilities within the community, while retaining the freedom to finish their units according to their personal tastes and budgets.
Investment Advantages of Athar Sheikh Zayed Compound
The main investment advantages of Athar Sheikh Zayed Compound include:
- Relatively low down payment: The down payment starts at just 5%, equivalent to EGP 160,000 for an apartment priced at EGP 3,200,000, with the remaining balance payable over up to 8 years.
- Refundable expression of interest: Buyers can secure an opportunity to book a unit with a refundable EOI payment of EGP 100,000 before making their final decision.
- Location in the heart of Old Sheikh Zayed: The project is situated in an established residential area next to Emaar Cairo Gate and close to Sphinx International Airport and the Grand Egyptian Museum.
- Variety of unit types: Apartments with one to three bedrooms, ranging from 50 to 173 sqm, suitable for both residential use and rental investment.
- Clear legal status: The project is backed by Ministerial Decree No. 365, issued on March 5, 2026, with the required licenses in place.
- Flexible finishing options: Units are delivered in red-brick finish with completed façades, allowing investors to finish them to a standard that suits the rental or resale market.
- Developer with an established track record: The project is developed by Athar Developments, part of El Sayed Shehata Group (ESG), which has more than 50 years of experience.
About Athar Developments
Athar Developments is the newest real estate development entity within El Sayed Shehata Group (ESG).
The company specializes in developing large-scale residential, commercial, administrative, and recreational communities.
Its approach is built around Quiet Luxury, smart design, and sustainability in Egypt’s new cities, under the slogan “From Deep-Rooted Origins to an Enduring Legacy.”
The company draws on the legacy of El Sayed Shehata Group, which began its engineering journey in 1974 under the leadership of Engineer El Sayed Shehata, one of the early pioneers of the construction and contracting sector in Egypt and the Arab Gulf.
The group brings more than 50 years of experience in building, construction, real estate development, and engineering management.
The company’s vision is to become one of the leading real estate and urban development companies in Egypt and the region by building communities that embody heritage, innovation, and sustainability.
Its mission is to redefine real estate development through projects that bring together architectural beauty, practical functionality, and lasting quality.
Its core values are built around heritage, experience, leadership, quality, craftsmanship, innovation, sustainability, and trust.
The group is led by Engineer El Sayed Shehata, its founder and Chairman of the Board, whose experience in contracting and real estate development spans more than 50 years.
Engineer Mohamed El Sayed Shehata oversees executive management, bringing more than 30 years of experience.
He leads the group’s strategy, major project development, and the launch of new companies through an approach based on integrity, transparency, and continuous improvement.
The group’s operations are supported by five companies:
- Al Asad Contracting, established in 1974 as its execution arm.
- Ekhtyar Real Estate Development, specializing in luxury residential buildings.
- Real Estate Investment and Development, active in Hadayek October and Hadayek Al Ahram.
- Amaken Real Estate Marketing, operating in West Cairo; and Athar Developments, the group’s newest entity.
The company covers the entire value chain, from feasibility studies and planning to development and construction, followed by operations and maintenance after handover.
It is expanding across Sheikh Zayed, New Cairo, the New Administrative Capital, New Alamein, and New Mansoura.
El Sayed Shehata Group’s Track Record
| Project | Location | Details |
|---|---|---|
| Mena House Hotel (Oberoi) | Giza | Historic hotel project executed by Al Asad Contracting |
| Le Méridien Hotel | Garden City, Cairo | Hotel project on the Nile |
| Dar Al Fouad Hospital | 6th of October | Integrated medical project |
| The American University in Cairo (AUC) | New Cairo | Major educational project |
| MSA University and Nawal El Degwy Schools | 6th of October | Educational projects |
| El Zeiny Towers | Maadi | Residential towers |
| Zayed 2000 Compound | Sheikh Zayed | Residential community |
| Tourist Resorts | Hurghada | Tourism developments on the Red Sea |
| Safou Residence | Green Revolution, Sheikh Zayed | Athar’s first project in West Cairo |
| Athar Compound | Old Sheikh Zayed | Residential community spanning 7.5 acres and comprising 480 units |
Other Options in Sheikh Zayed
Every buyer has different priorities when making a property decision. Some may be looking for a lower down payment or a longer installment period, while others may prefer a fully finished unit, a larger area, or a different location within Sheikh Zayed.
Comparing several projects before booking provides a clearer picture of the market and helps you choose an option that suits your budget and purchasing goals, whether for residential use or investment.
With this in mind, we have selected a number of developments comparable to Athar Sheikh Zayed Compound in terms of location or unit types.
Below are some of the most notable options, along with a brief overview of what distinguishes each one, to help you explore the alternatives available before contacting the sales teams for the latest prices and payment plans.
Cairo Gate Compound
Emaar Misr launched Cairo Gate Compound in Sheikh Zayed, near Al Rabwa and Al Ahly Club. It is an integrated residential development built around Emaar’s international standards for master planning and facilities.
The project offers a variety of residential units, extensive green spaces, and recreational and commercial facilities. Apartment prices start from EGP 9.5 million, with a down payment starting at 10% and installments extending over up to 8 years.
Karmell Compound
Karmell Compound is a residential development by SODIC in Sheikh Zayed. It is based on the concept of a green community, with a master plan that balances residential units, open spaces, and facilities.
The project offers apartments and villas with contemporary designs and integrated services. Unit prices start from EGP 11 million, with a down payment starting at 10% and installments extending over up to 8 years.
ZED West Compound
ZED West Compound is a residential and commercial development by Ora Developers in Sheikh Zayed. It stands out for its contemporary architecture, green spaces, and recreational and commercial facilities within the community.
Apartment prices start from EGP 8.5 million, with a down payment starting at 10% and installments extending over up to 9 years.
SODIC West Compound
SODIC West Compound is an integrated residential community in Sheikh Zayed, developed by SODIC. It features a variety of residential units, green spaces, and recreational and commercial facilities.
Unit prices start from EGP 7 million, with a down payment starting at 10% and installments extending over up to 8 years.
More Options on Real Estate Capsule
In addition to the projects mentioned above, Real Estate Capsule has previously covered several promising residential developments in Sheikh Zayed. Here are some more options worth exploring:
- Waterway West Compound in Sheikh Zayed by Waterway in the Green Revolution area. It offers apartments, offices, and My Hotel, with prices starting from EGP 9.57 million, a 5% down payment, and installments over up to 9 years.
- Zyla Compound in New Zayed by DM Developments, directly on the Dabaa Corridor. It offers apartments, duplexes, and twin houses, with prices starting from EGP 5.2 million, a 10% down payment, and installments over up to 10 years.
- Kenan Compound in New Zayed by Oria in Basin 1. It offers apartments, villas, and townhouses with fully finished interiors amid extensive green spaces. Prices start from EGP 4.76 million, with a 5% down payment and installments over up to 10 years.
- Park Valley Nile Compound in New Zayed by EFID Developments in Basin 24. It offers standalone villas and twin houses with areas starting from 260.8 sqm, and prices starting from EGP 8.5 million, with a 10% down payment and installments over up to 14 years.
Why Choose Athar Sheikh Zayed Compound ?
- A location in the heart of Old Sheikh Zayed, next to Emaar Cairo Gate and just 350 meters from El Nozha Street.
- A 7.5-acre development with a building footprint of only 22.5%, leaving extensive areas for amenities and landscaping.
- Prices starting from EGP 3,200,000 for units ranging from 50 to 173 sqm.
- A 5% down payment and installments over up to 8 years, with a refundable EOI payment of EGP 100,000.
- Handover within 4 years in red-brick finish, with completed façades and basic electrical and plumbing installations.
- Ministerial Decree No. 365, with the required licenses in place and an architectural master plan by A.D.C.
- A developer backed by El Sayed Shehata Group, whose engineering legacy dates back to 1974.
Dear reader, book your unit now after checking the available options and current payment plans by contacting Athar Compound’s sales team at: 01128061491 (Available daily from 10 AM to 10 PM)
Frequently Asked Questions
It is located in the heart of Old Sheikh Zayed, in the Green Revolution area, on Street 7, the second street parallel to El Nozha Street. It is 350 meters from El Nozha Street, a 3-minute drive from Sphinx International Airport, 10 minutes from the Grand Egyptian Museum, and next to Emaar Cairo Gate.
The project is developed by Athar Developments, one of the companies under El Sayed Shehata Group (ESG). The group began its engineering journey in 1974 and has over 50 years of experience in contracting and real estate development across Egypt and the Gulf countries.
The project covers an area of 7.5 acres and comprises 480 units, with a building footprint of 22.5%. The remaining area is allocated to facilities and landscaped spaces.
The project offers one-bedroom apartments ranging from 50 to 75 sqm, two-bedroom apartments ranging from 106 to 130 sqm, and three-bedroom apartments ranging from 150 to 173 sqm.
Prices start from EGP 3,200,000 for one-bedroom apartments, EGP 7,000,000 for two-bedroom apartments, and EGP 10,000,000 for three-bedroom apartments. Prices can be confirmed with the sales team at the time of booking.
Two payment plans are available. The first requires a 5% down payment, followed by another 5% payment after 3 months, with installments over 7 years. The second requires a 10% down payment, followed by another 5% payment after 3 months, with installments over 8 years.
For an apartment priced at EGP 3,200,000, the monthly installment under the first plan is approximately EGP 34,286. These figures are indicative.
Units are delivered in a red-brick finish, with completed façades and basic electrical and plumbing installations. This allows owners to choose their preferred interior designs and finishing materials.
The developer aims to deliver the units within 4 years from the contract date.
The maintenance deposit amounts to 8% of the unit price and is payable upon delivery, while the loading percentage is 25%. The advertised unit areas refer to the built-up area (BUA).
The project features a clubhouse, a commercial and administrative mall, green spaces, water features, sports courts, and recreational areas. It also provides 24-hour security services and surveillance cameras, in addition to dedicated car parking facilities.
Yes. The project was granted Ministerial Decree No. 365, dated March 5, 2026, and has obtained the required licenses.
You can contact the sales team at 01128061491. You can also register your Expression of Interest (EOI) with a refundable deposit of EGP 100,000. The sales team is available daily from 10 AM to 10 PM.
The sales number for Athar Compound is 01128061491.
The sales number for Athar Developments is 01128061491.
