Apartments for Sale in 1st Settlement, New Cairo 2026
31 apartments for sale in 1st Settlement, priced from 3,476,000 EGP cash and 4,966,000 EGP in installments, up to 13,790,000 EGP cash and 19,700,000 EGP in installments. Last updated .
Areas within 1st Settlement
- Koronfel (17)
Compounds in this area
By the Flat & Villa editorial team · Updated 3 November 2026 · Based on 31 live listings on Flat & Villa
Apartments for sale in 1st Settlement, New Cairo: prices and supply now
Right now there are 31 apartments for sale in 1st Settlement on Flat & Villa, spread over 4 compounds, with figures as of 3 November 2026. The cheapest cash listing asks EGP 3,476,000, and the lowest installment total is EGP 4,966,000. On average, a square metre costs EGP 53,800 in cash.
First Settlement apartment figures as of 3 November 2026
| Item | Figure |
|---|---|
| Apartments listed | 31 |
| Compounds and projects | 4 |
| Cash prices (EGP) | 3,476,000 to 13,790,000 |
| Installment totals (EGP) | 4,966,000 to 19,700,000 |
| Average cash price (EGP) | 7,770,000 |
| Average cash price per m² (EGP) | 53,800 |
| Sizes (m²) | 50 to 216 |
| Lowest down payment, where required (%) | 5 |
| Longest installment plan (years) | 10 |
| Ready-to-move apartments | 4 |
These figures cover apartments only.
Cheapest 4 compounds for apartments for sale in 1st Settlement 2026
Apartments for sale in Kin
- Cash price from: EGP 3,476,000
- Area: Koronfel
- Developer: Imarrae Developments
- Sizes: from 50 to 216 m²
- Bedrooms: from 1 to 3
- Lowest installment total: EGP 4,966,000
- Lowest down payment: 5%
- Units listed now: 7
- All units and prices: Apartments in Kin
Apartments for sale in Yellow Residence
- Cash price from: EGP 4,323,000
- Developer: Urbnlanes Developments
- Sizes: from 81 to 206 m²
- Bedrooms: from 1 to 3
- Lowest installment total: EGP 6,176,000
- Lowest down payment: 10%
- Longest plan (years): 8
- Units listed now: 12
- All units and prices: Apartments in Yellow Residence
Apartments for sale in Creek Town
- Cash price from: EGP 7,107,000
- Developer: IL CAZAR Developments
- Sizes: from 128 to 170 m²
- Bedrooms: from 2 to 3
- Lowest installment total: EGP 10,933,000
- Lowest down payment: 5%
- Longest plan (years): 10
- Ready-to-move units: 4
- Units listed now: 4
- All units and prices: Apartments in Creek Town
Apartments for sale in Nile Boulevard
- Cash price from: EGP 7,350,000
- Developer: Nile Developments
- Sizes: from 125 to 209 m²
- Bedrooms: from 2 to 4
- Lowest installment total: EGP 10,500,000
- Lowest down payment: 5%
- Longest plan (years): 10
- Units listed now: 8
- All units and prices: Apartments in Nile Boulevard
Why buyers look at 1st Settlement apartments
First Settlement, or El Tagamoa El Awal, is one of New Cairo's oldest districts. It lies near Suez Road and the Sadat axis, about 10 minutes by car from Rehab City, with links to the Ring Road and the Mohamed Naguib axis, a practical base if you work in Nasr City or Heliopolis.
If you're searching for apartments for sale in First Settlement New Cairo, supply comes from new compounds selling on developer plans and from older district blocks that change hands between owners.
Schools, clubs and shops nearby
Schools inside the district include Global Paradigm International School and New Horizon School. For sport there's the First Settlement Club and the Air Force club in El Yasmine, and Cairo Festival City Mall is a short drive away.
Where to look: Koronfel, Suez Road and the districts
Apartments in Tagamoa El Awal are spread over three kinds of area; pick the one that fits your routine and compare within it.
Koronfel: villas and an apartment compound
Koronfel is one of the district's most upmarket corners, mostly private villas. Imarrae's Kin is here, its first Egyptian project, with apartment blocks and townhouses around mini-parks, as announced at the project launch. See apartments for sale in Koronfel.
Suez Road near Rehab
The Official Egyptian Real Estate Platform places Creek Town, by IL Cazar Developments, on Suez Road in First Settlement near Rehab, with about 80% of its land given to green space.
El Banafseg, El Yasmine and North Investors
These older districts are mostly apartment blocks: El Banafseg is known for its cafés, and North Investors holds several compounds. District flats are usually resales, so compare price per m² within one district.
Compounds with apartments in 1st Settlement
Two apartment projects in 1st Settlement: developer and stated location
| Compound | Developer | Stated location | Units |
|---|---|---|---|
| Creek Town | IL Cazar Developments | Suez Road, First Settlement, near Rehab | Apartments, duplexes, penthouses, villas |
| Kin | Imarrae Developments | Al-Qoronfel area, New Cairo | Apartment blocks and townhouses, core and shell |
This page also lists Yellow Residence and Nile Boulevard; for either, ask for the project's map location and the handover date in the contract.
1st Settlement apartment prices: what moves them
- Compound or district: a resale flat in an El Banafseg block isn't comparable with a new compound unit.
- Handover and finishing: an off-plan or core and shell unit needs waiting time or a fit-out budget added.
- Size: compare flats with the same bedrooms and a close area.
- Payment: compare cash with cash, and installment totals with installment totals.
Plans here mostly come from compound developers; district flats tend to sell for cash. Down payments start at 5% where required, with plans of up to 10 years. A plan's real cost is its total minus the cash price: a hypothetical EGP 6 million flat at EGP 8.4 million over 8 years costs EGP 300,000 a year.
On a tight budget, start with one-bedroom compound flats, or compare apartments for sale in Shorouk City.
Ready-to-move or off-plan, finished or core and shell?
A ready flat can be seen and lived in soon after signing; an off-plan one usually buys you a longer plan.
Kin's developer hands over units as core and shell: structure, facades and main services, with all interior finishing left to you. Add that cost and time before comparing with a finished flat.
Apartment sizes in 1st Settlement
- One or two bedrooms: a single buyer, a couple or a buy-to-let.
- Three bedrooms: a mid-sized family, in compounds and older blocks alike.
- Duplex or penthouse: a large family or a private roof; Creek Town offers both.
If you need a private garden, see villas for sale in 1st Settlement.
Buying to rent out or resell
Check three things first:
- Rivals: similar flats listed in the same compound today.
- Transfers: the developer's assignment clause and fee.
- Rent: actual rents for similar flats near Suez Road and Rehab, not the seller's figure.
Compound flat or district building in 1st Settlement?
Compound flat vs district flat in 1st Settlement
| Item | Compound flat | District-building flat |
|---|---|---|
| Usual seller | Developer, or an owner on resale | A private owner |
| Key document | Developer contract and transfer consent | Chain of contracts and building permit |
| Who you check with | Developer and compound management | New Cairo City Development Agency |
| Recurring charges | Maintenance deposit | Your share of building costs |
How to buy an apartment in 1st Settlement safely
Before any money moves:
- Fix your budget and payment route, adding maintenance, fit-out and registration.
- Compare each flat with 3 similar units.
- View it yourself: building, shared areas, meters.
- Confirm ownership and that the unit is free of liens; on a resale, get the earlier contracts.
- Sign the preliminary contract, then the final one before a notary.
- Register at the Real Estate Publicity Department, which the Official Egyptian Real Estate Platform's legal guide rates above court signature validation.
Red flags:
- A deposit demanded before you've seen the papers.
- A contract with no handover date or unit number.
Frequently asked questions
How much are apartments for sale in 1st Settlement?
Apartments for sale in 1st Settlement currently start from EGP 3,476,000 cash and EGP 4,966,000 in installments, and go up to EGP 13,790,000 cash and EGP 19,700,000 in installments; the average price is about EGP 7,770,000 cash and EGP 11,210,000 in installments.
What is the price per m² of apartments in 1st Settlement?
The average price per m² of apartments in 1st Settlement is currently about EGP 53,800 cash and EGP 77,700 in installments; for 90% of them it ranges from EGP 43,500 to EGP 66,000 cash, and from EGP 62,200 to EGP 94,300 in installments.
What is the cheapest apartment for sale in 1st Settlement?
The cheapest apartment currently listed in 1st Settlement costs EGP 3,476,000 cash (EGP 4,966,000 in installments): 1 bedroom, 50 m², in Compound Kin New Cairo. View the unit
How much are apartments in installments in 1st Settlement?
Installment prices for apartments in 1st Settlement currently start from EGP 4,966,000; down payments start from 5% (about EGP 248,000), calculated monthly installments start from about EGP 57,900, and plans run up to 10 years, depending on the unit.
Are there ready-to-move apartments in 1st Settlement?
Yes, ready-to-move apartments are available in 1st Settlement, starting from EGP 7,107,000 cash; the remaining units are due for handover between 2028 and 2030.
What sizes are the apartments in 1st Settlement?
The apartments currently listed in 1st Settlement range from 50 to 216 m², with 1 to 4 bedrooms.
Can I get a mortgage on a 1st Settlement flat?
Yes, if the lender accepts that specific flat after checking it and its papers. A completed flat with clear title is usually easier than one not yet built. Choose a lender supervised by the Financial Regulatory Authority, and pay no booking fee until its approval reaches you in writing.
How does 1st Settlement compare with 5th Settlement for a flat?
First Settlement is smaller and quieter; Fifth Settlement is a far bigger market around 90th Street. If supply here misses your budget or size, compare flats listed in 5th Settlement on price per m², not totals.
What should I check before buying a core and shell unit?
Get a written list of what handover covers: structure, facades and services to the flat's door, or more. Ask, too, when fit-out may start and who approves your works.