Degla Towers is one of the most prominent ready-to-move residential communities in the heart of Nasr City, developed by the long-established Memaar Al Morshedy over an area of 21,000 m² (5 feddans), taking the form of six residential towers with a modern hotel-style design and elegant glass façades.
The project overlooks Abbas El-Akkad Street, the Ring Road, and the Al-Mosheer Tantawy Axis, and offers a variety of apartments ranging from 72 m² up to 169 m², with prices starting from EGP 4,851,000, a down payment of just 10%, and installments of up to 8 years.
The project combines the calm of a purely residential environment, as it is entirely free of administrative and commercial units, with proximity to Cairo’s most important axes and services, making it a practical choice for families and individuals looking for a ready unit in a central location at prices within reach of multiple segments.
The Meaning Behind the Name Degla Towers
The name Degla Towers carries forward the “Degla” brand on which Memaar Al Morshedy built a series of its most notable projects, such as Degla Landmark, Degla Gardens, and Degla Palms, a brand that has become associated in the Egyptian market with residential sophistication and quality of execution.
The word “Towers”, on the other hand, reflects the project’s architectural character, which is based on high-rise residential towers with glass views.
The name therefore directly expresses the project’s vertical identity, setting it apart from the traditional horizontal layout of conventional compounds.
A Detailed Overview of Degla Towers
Degla Towers was designed as a vertical urban community in the heart of Nasr City, away from the conventional residential pattern.
The developer chose a high-rise philosophy to make the most of the central location and provide open views for the largest possible number of units, while dedicating the larger share of the land to green spaces and water features instead of horizontal sprawl.
The design is based on six identical residential towers, each consisting of a ground floor topped by 11 repeated floors. Each tower has been divided into two wings, each with its own entrance featuring a reception lobby, a security officer, and an intercom system, alongside two electric elevators that start from the garage level to ensure smooth movement and greater privacy for residents.
A modern hotel-style character dominates the project, evident in its insulated glass façades and the layout of its units, where care was taken to have the units overlook the green areas or the internal water features, with a wide main street running through the project at a width of about 30 m that conveys a sense of spaciousness and eases the flow of cars.
The developer adopted a “European design on Egyptian soil” philosophy, enlisting a select group of engineers and architects to produce façades whose colors harmonize with the surrounding nature, while using high-quality materials in the common areas, such as porcelain flooring and modern lighting systems, giving the building a refined appearance that preserves its value over the long term.
The project is limited to residential units, with no administrative or commercial units, which serves its calm and privacy.
The distances between the towers were designed to ensure good ventilation and ample natural light, while a large garage was allocated beneath each tower to accommodate residents’ cars without congestion.
The project has been fully completed and its units are now ready for immediate occupancy, which distinguishes it from many projects still under construction, as the client can inspect their unit in person and verify the level of finishing, services, and facilities before making a purchase decision, rather than relying on preliminary concepts or plans that may differ from reality after delivery.
Degla Towers Details Table
Item
Details
Project Name
Degla Towers
Developer
Memaar Al Morshedy
Company Management
Eng. Mohamed Morshedy (Founder)
Location
Heart of Nasr City – near Abbas El-Akkad Street, the Ring Road & the Al-Mosheer Tantawy Axis
Total Area
21,000 m² (5 feddans)
Buildings Ratio
about 60%
Green Spaces & Landscape Ratio
about 40%
Number of Towers
6 towers, each ground floor + 11 floors
Exterior Design
Modern hotel-style with glass façades
Unit Types
Residential apartments (1, 2 & 3 bedrooms)
Unit Spaces
from 72 m² to 169 m²
Prices Start From
EGP 4,851,000
Price per Meter
from EGP 44,100/m²
Payment Plan
10% down payment, installments up to 8 years
Maintenance Deposit
10%
Delivery Date
Immediate – ready-to-move units
Finishing Type
Semi-finished (Core & Shell) with sound- and dust-insulating aluminum windows
For the latest prices and details on available units, contact the Degla Towers compound sales line: +201118183030
Degla Towers Location
Degla Towers enjoys a central location in the heart of Nasr City, one of Cairo’s most established districts and among the richest in services and vital facilities.
It lies close to Abbas El-Akkad Street, the Ring Road, and the Al-Mosheer Tantawy Axis, a road network that connects the project directly to Heliopolis, Maadi, Mokattam, and the Fifth Settlement.
This location places a unit within the project close to schools, universities, medical centers, and major shopping malls all at once.
Nasr City is one of Cairo’s oldest residential and commercial areas, combining high service density with a wide road network linking it to all parts of the capital, and it is home to major malls, clubs, universities, and hospitals. This makes owning a unit at its heart an added value that is hard to find in emerging areas farther from the city center.
The area draws its importance from being a connecting point between eastern Cairo and its core, so residents of the project stay in touch with everyday practical life without having to move away from comforts and services.
For those wishing to explore more residential options in the area, you can browse the New Cairo compounds page to view the neighboring projects.
Landmarks and Places Near Degla Towers
The project’s central location provides quick access to the most prominent landmarks of Nasr City and its surroundings. Below is a table of the most important nearby places and the driving times to them:
Place
Distance (minutes)
Al-Nasr Road (Autostrad)
3 minutes
Ring Road
5 minutes
Al-Mosheer Tantawy Axis
6 minutes
Al-Ahly Club – Nasr City branch
7 minutes
City Stars Mall
9 minutes
Abbas El-Akkad Street
10 minutes
Air Force Hospital & Ain Shams Specialized Hospital
10 minutes
Ain Shams University
13 minutes
Cairo Festival City Mall
15 minutes
Teseen Street (Fifth Settlement)
15 minutes
American University (AUC)
18 minutes
Cairo International Airport
20 minutes
Compounds Neighboring Degla Towers
The location of Degla Towers is surrounded by a number of distinguished residential projects across New Cairo, offering those searching for a home varied alternatives in spaces, payment plans, and design character, whether they prefer vertical towers or horizontal compounds with villas and townhouses. Among the most prominent of these projects are:
Taj City Compound: a Madinet Masr project on the extension of Thawra Street near Heliopolis and Nasr City, distinguished by its European design, multiple phases, and a wide range of residential options.
Sarai Compound: another integrated Madinet Masr community in New Cairo, offering diverse units with flexible payment plans starting from a 0% down payment.
East Hills Compound: a Hassan Allam project in New Cairo featuring a thoughtful master plan, generous green spaces, and contemporary residential units.
ZED East: a large-scale ORA Developments project offering an upscale lifestyle with integrated services and a wide variety of unit types.
Unit Types, Spaces, and Prices in Degla Towers
Degla Towers offers residential apartments only, with spaces that range from compact units suited to individuals and couples up to wider family units.
The total unit spaces extend from 72 m² up to 169 m², all equipped with a central air-conditioning system and double-glazed windows that ensure thermal and acoustic insulation. Below is a table of the most prominent available unit categories and their prices (installment prices):
Unit Type
Space Starts From
Price Starts From
1-Bedroom Apartment
110 m²
EGP 4,851,000
2-Bedroom Apartment
125 m²
EGP 5,512,500
3-Bedroom Apartment
159 m²
EGP 7,011,900
The price per square meter in the project starts from EGP 44,100/m², a competitive figure given the central location and the readiness of the units for immediate occupancy.
It is worth noting that the prices shown are installment prices, and the final value may vary depending on the floor, the unit’s position within the tower, and the level of finishing.
Payment and Installment Systems in Degla Towers
Degla Towers offers a flexible payment system that suits multiple segments of clients, based on a low down payment and an extended installment period considered among the longest for residential projects in Nasr City. Below are the details:
Item
Details
Down Payment
starts from 10% of the total unit price
Installment Period
up to 8 years
Delivery
Immediate – ready-to-move units
Maintenance Deposit
10% of the unit value
The low down payment of 10% provides an opportunity to reserve without significant financial pressure, while the installment plan over 8 years allows for comfortable monthly payments.
To inquire about the latest offers and available discounts, contact the Degla Towers Nasr City sales team at: +201118183030
Delivery Dates in Degla Towers
Degla Towers is distinguished by the fact that all its units are ready for immediate delivery, as it is a fully completed project unlike those that require waiting for years, allowing the client to reserve a unit and move in as soon as the contracting and payment procedures are finalized.
Units are delivered semi-finished (Core & Shell), with sound- and dust-insulating aluminum windows installed and electricity and drainage connections in place, so the owner completes the interior finishing according to their own taste, granting greater flexibility in customizing the unit to suit each family.
The immediate-delivery feature represents a twofold value: on one hand, it spares the resident the burden of renting during a waiting period, and on the other.
it gives the investor the chance to lease the unit and earn a direct return from the moment of contracting, especially in an area with steady residential and rental demand year-round thanks to its proximity to universities and medical centers.
Services and Amenities in Degla Towers
Degla Towers offers an integrated range of services that combines the essential and the recreational, designed to meet residents’ daily needs and provide an atmosphere of comfort within a secure, gated residential community.
Round-the-Clock Hotel Services in Degla Towers
The project adopts a hotel-service model in its management, with a dedicated team serving unit owners around the clock, handling their inquiries, meeting their needs, and providing ongoing maintenance and cleaning services, offering a living experience closer to a permanent hotel stay within the Degla Towers buildings.
This model raises the level of daily comfort and reduces the burden on residents, and it also positively reflects on the unit’s value when leased to those seeking a refined level of service.
The Health Club and Spa in Degla Towers
An integrated health club has been allocated within the project, featuring relaxation facilities such as a sauna and jacuzzi, alongside fully equipped gyms with the latest machines, allowing residents to practice their daily exercise and take care of their health without needing to leave the compound.
The Central Swimming Pool and Water Features in Degla Towers
A large swimming pool sits at the center of the project, overlooked by the units and surrounded by water features and green spaces that make up the larger share of the project’s land, helping to temper the atmosphere, improve air quality, and provide open areas for strolling and relaxation away from the bustle of the city.
Education and Healthcare in Degla Towers
The project includes nurseries and schools with modern curricula within its grounds, alongside equipped medical clinics covering various specialties.
sparing families the need to travel outside the compound to meet their daily educational and health needs, and enhancing the integration and self-sufficiency of the residential community.
Essential Services in Degla Towers
Category
Available Services
Security & Guarding
24/7 security and guarding, HD surveillance cameras, electronic gates, intercom for each wing
Sports & Recreation
swimming pool, health club, gym, sports fields, walking and running tracks
Commercial Services
internal commercial mall, supermarket, restaurants and cafés
Maintenance & Cleaning
maintenance centers with specialized technicians, daily cleaning of common areas
Green Spaces
gardens, water features, and children’s play areas
Garages
a private garage beneath each tower to accommodate residents’ cars
Living Advantages in Degla Towers
Degla Towers offers a set of tangible advantages that make it a practical choice for those seeking a home in the heart of Cairo, the most prominent of which are:
Immediate delivery: the project is fully completed and the units are ready to move in, with no waiting for years after contracting.
Central location: 3 minutes from Al-Nasr Road and 5 minutes from the Ring Road, easily connecting the unit to eastern Cairo and its core.
Purely residential environment: the absence of administrative and commercial units grants the project a calm and privacy not found in mixed-use developments.
Hotel-style design with open views: glass façades and a smart unit layout ensure each unit overlooks the green areas or the water features.
Low down payment and extended installments: a down payment of just 10% and installments up to 8 years make ownership within reach of multiple segments.
Complete infrastructure: a private garage beneath each tower, electric elevators operating around the clock, and modern security systems ensure daily comfort for residents without operational burdens.
Investment Advantages in Degla Towers
Degla Towers is not only a residential destination; it also represents an investment opportunity supported by several tangible factors:
A rare location in Nasr City: the scarcity of residential land in the heart of Nasr City raises the value of the units and maintains strong demand for them, which is reflected in the speed of resale and leasing.
High resale return: the annual resale return on the units is estimated between 6% and 10%, reaching in some cases up to 15%; for example, the value of a 125 m² unit could rise from EGP 5,512,500 to nearly EGP 5,953,500 after one year at an annual growth rate of 8%.
Immediate readiness for leasing: because the units are complete, the investor can start earning rental income directly without a waiting period, in an area with constant rental demand thanks to its proximity to universities and medical centers.
Flexibility in financial planning: the installment plan extending up to 8 years allows acquiring the unit with low installments while benefiting from its future appreciation.
With the major projects planned around Nasr City and East Teseen, the area is expected to see further growth in unit values over the medium and long term.
To achieve the best return when buying in Degla Towers, it is advisable to keep the following in mind:
Choose a unit overlooking the main streets or the open areas within the compound, as it is the fastest to resell and the highest in rental value.
Make sure the contract includes all service details such as the garage, security, and monthly maintenance to avoid any ambiguity later.
Inspect the quality of the common facilities such as the elevators and lobby before purchasing, given their direct impact on the unit’s resale value.
About Memaar Al Morshedy
Memaar Al Morshedyis one of Egypt’s most established real estate developers, founded in 1983 by Eng. Mohamed Morshedy, with more than 40 years of experience in executing residential, commercial, and administrative projects across the most prominent areas of Cairo, Giza, and the North Coast.
Over the course of its journey, the company has successfully delivered more than 20 projects, distinguished by its approach based on integrated communities that combine residence, services, and amenities, with a focus on strategic locations and prices suited to different segments of clients.
The company began its journey by developing innovative residential projects in the Maadi area, then expanded to include Nasr City, 6th of October.
and the North Coast, marked by its ability to execute large-scale communities that bring together residential, commercial, and administrative units, with a constant commitment to quality and sustainability standards at every stage of work.
Memaar Al Morshedy’s Track Record
Project
Location
Type
One Katameya
New Cairo (Maadi Ring Road)
Residential & Administrative
Degla Landmark
Nasr City
Residential & Commercial
Degla Palms
6th of October
Residential & Commercial
Zahra North Coast
New Alamein
Touristic
Lake Front
6th of October
Residential
Similar Projects in New Cairo on Our Website
If you are looking for residential options similar to Degla Towers within New Cairo, our website features a range of distinguished projects that vary in design, spaces, and payment plans, among them:
Saada Compound: a Horizon Egypt project in New Cairo offering residential units with a down payment starting from 5% and a flexible payment plan.
Eleven Residence: an STM Developments project featuring a contemporary design and diverse residential units in a vital location within New Cairo.
Mayan Compound: an integrated STM Developments community offering varied spaces and comprehensive services suited to families.
The Memaar Al Morshedy portfolio also includes other prominent projects such as Degla Gardens, Degla Palms, Skyline, and Zahra New Alamein, which have cemented its position as one of the most prominent developers in the Egyptian market.
Conclusion
After reviewing the project’s details in terms of location, design, prices, payment plans, and services, it becomes clear that Degla Towers offers a balanced equation that is hard to replicate in the heart of Nasr City, combining a central location, immediate readiness, a competitive price, and an established developer.
Degla Towers remains a well-rounded choice for anyone seeking residence or investment in the heart of Nasr City, and its most prominent advantages can be summarized as follows:
Ready-to-move units with no waiting.
A central location connecting eastern Cairo and its core via the most important axes.
Six towers with a modern hotel-style design and open views over greenery and water.
A down payment of 10% and installments up to 8 years, with prices starting from EGP 4,851,000.
An established developer with over 40 years of experience and more than 20 projects.
To reserve your unit or learn about the latest prices and available offers, contact the Degla Towers Nasr City sales line: +201118183030
Available daily from 10 AM to 10 PM
Frequently Asked Questions
Where is Degla Towers located?
Degla Towers is located in the heart of Nasr City, near Abbas El-Akkad Street, the Ring Road, and the Al-Mosheer Tantawy Axis, just minutes from Al-Nasr Road and City Stars.
What are the prices in Degla Towers Nasr City?
Prices start from EGP 4,851,000, with a price per meter starting from EGP 44,100, and the final value varies by space, floor, and unit position.
What is the payment plan in Degla Towers?
A down payment starting from 10% with installments up to 8 years, a 10% maintenance deposit, and immediate delivery of units.
Who is the developer of Degla Towers?
Memaar Al Morshedy, founded in 1983, with over 40 years of experience and more than 20 projects.
Are Degla Towers units ready to move?
Yes, the project is fully completed and units are ready for immediate handover, delivered semi-finished (Core & Shell).
What is Degla Towers Compound hotline?
You can reach the Degla Towers sales team at +201118183030
What is Memaar Al Morshedy hotline?
You can contact Memaar Al Morshedy through Real Estate Capsule at +201118183030
What is the sales number of Memaar Al Morshedy Developments?
To contact the company's sales team and inquire about its other projects, call: +201118183030
What is the sales number of Degla Towers?
To book and inquire about the available units, latest prices and payment plans in Degla Towers, contact the sales team at: +201118183030
G.Bbakry — one of the first members of the Real Estate Capsule content team, covering the market since early 2024 with more than 340 published projects in Arabic and English. The portfolio centers on the North Coast, Ras El Hekma, and New Alamein — the site's largest coastal coverage — alongside New Cairo and Fifth Settlement compounds. Every price, area, and payment-plan detail is built directly on developer data, and all articles are reviewed by Shady El-Marassi before publication.