Uptown Cairo in Cairo

Name: Sales in Uptown Cairo started!
Start: 2021-11-30T11:29:37.648307+00:00
End: 2023-12-31T23:59:59+0000
Location: Uptown Cairo

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Project info

Object ID: 15987

Finished at	October 2022
Price, m²	From 3690$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 59.00 m²
Floors	5
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Kids playground Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

217,710$

Net profit

7,229$

Payback period

22.9 years

Avg property value increase per year

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About the project

It is one of the projects of Emaar Misr and characterized by its location at Cairo on the highest plateau in Egypt specifically in the area of Mokattam as the entire compound was built at an altitude of 200 meters above sea level, and it extends on 4,000,000 km, 1200 acres.

Only 20% of the total space of the compound has been utilized for the construction of residential units, while the remaining space is for the green spaces, facilities, and services.

this project is near the best residential areas in Cairo as follows:

10 minutes away from Maadi area.

Close to Nasr City and Heliopolis.

It is 15 minutes from Mohandeseen and New Cairo airport.