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Name: Garnet (sometimes called Garnet Compound / Garnet Residence) by Jadeer Group / Jadeer Real Estate Development
Location: Fifth Settlement (New Cairo), specifically in the Northern Investors Area, North 90th Street, near Maxim Mall, behind Villar Compound / Sodic Katameya.
Land Size / Area: ~ 13‑14 acres total.
Construction % (footprint): Only about 18% construction coverage; the rest is green, open spaces, landscaping etc.
Garnet offers a variety of unit types, mainly apartments, also duplexes and some larger units. Eastern/upper‑end finishes are offered. Typical options include:
Unit Type Size Range (sqm)Features / Finish 1‑Bedroom Apartments~ 65‑108 sqm Fully finished.
2‑Bedroom Apartments~ 117‑134 sqm Fully finished.
3‑Bedroom Apartments~ 160‑177 sqm.
Larger Units / Penthouse / Duplex Up to ~ 200 sqm or more Prices start from about EGP 4.2‑4.8 million for smaller units.
Down Payment:
Some options with 10% down payment.
There are other plans with 15% down payment.
Also, in certain offers (e.g. at exhibitions) there are “0% down payment” offers.
Installment Periods:
Up to 8 years in many cases.
Some plans over 6‑7 years are also offered depending on down payment size.
Expected Delivery: Around 2027.
Price per square meter (in earlier / first phase) was ~ EGP 60,000/m², but due to strong demand and location, current rates are reported to be EGP 85,000‑90,000/m² in some cases.
Starting prices for units (smallest ones) from about EGP 4,200,000‑4,800,000.
Garnet offers a robust set of amenities aimed at luxury, comfort, and lifestyle. Key features include:
Landscaped green areas, gardens, water features
Swimming pools
Clubhouse, gym & spa facilities
Kids’ playgrounds / children’s areas
Walking, running, cycling tracks
Underground parking garages
Commercial area / retail strip: shops, cafes, restaurants
24/7 security, CCTV, electronic gates etc.
Maintenance & cleaning services, backup power (generators)
Smart‑home integration in some sources.
Very good location: proximity to American University in Cairo (AUC), Cairo Festival City Mall, major roads (Ring Road, Mohamed Naguib Axis).
Flexibility in payment helps different buyer‑profiles.
Strong reputation of developer in New Cairo.
Good share of open / green spaces owing to low construction footprint.