Last updated: 8 August 2026 · Source: official price list issued by Ouda Developments.
Price per square metre — Ouda projects in New Obour City
| Project | Location | Price | Unit sizes | Payment | Status |
|---|---|---|---|---|---|
| Canary Compound | District 25 | from EGP 27,000 / m² | 70 – 355 m² | 15% down · 6 years interest-free | Pre-launch · 3-year handover |
| Golf City Al-Obour | Golf City | EGP 25,000 – 30,000 / m² | 150 – 1,150 m² apartments · duplexes · townhouses up to 500 m² · standalone villas | 50% down · up to 24 months | Ready to deliver |
| Isis Cairo | Gesr El Suez – Obour | EGP 2,100,000 – 4,250,000 total unit price | 165 – 205 m² | 50% down · up to 24 months | Ready to deliver |
Canary is in its pre-launch stage with the best price and the longest plan (6 years, interest-free). Golf City and Isis Cairo units are ready to deliver, on 50% down with up to 24 months.
Canary price schedule
The price is not static — it moves with the launch stages:
| Stage | Timing | Price / m² |
|---|---|---|
| Pre-launch | Now | EGP 27,000 |
| Official launch | soon | EGP 29,900 |
| New Obour compound average | — | EGP 32,900 |
The gap between today’s price and the official launch price is EGP 2,900 per m² — on a 120 m² apartment that is roughly EGP 348,000.
Total price by unit size
Canary units start from EGP 2,100,000. Available sizes run from 70 to 355 m², with the final price set by size, floor and orientation.
See the full payment terms — or explore Canary.
Figures circulating on broker sites — and the official ones
Several broker sites publish figures for Canary that differ from our official terms. Here is the comparison:
| Item | Published on broker sites | Official from Ouda |
|---|---|---|
| Price / m² | 23,000 – 28,000 | from 27,000 |
| Prices start from | 2,750,000 | 2,100,000 |
| Down payment | 5% | 15% |
| Instalment period | 8 years | 6 years, interest-free |
| Handover | 2030 | 3 years from contract date |
| Unit sizes | 65 – 330 m² | 70 – 355 m² |
If you have been quoted a different figure, confirm it on 17793 or WhatsApp.
What sets the price per metre in New Obour?
- District and access to the main axes — proximity to the Middle Ring Road and the R2 axis affects price.
- Built ratio — Canary is only 25% built across 15 feddans and 26 buildings. The lower the built ratio, the more open space each unit effectively owns.
- Construction stage — pre-launch pricing is always below official launch pricing.
- Who manages the compound after handover — Canary is managed by Bravo Saudi Arabia, a 50% ownership partner.
Frequently asked questions
What is the price per metre for Canary right now?
Pre-launch pricing starts from EGP 27,000 per m². The official launch is expected soon and will start from EGP 29,900 per m².
What is the cheapest unit in Canary?
Prices start from EGP 2,100,000, with unit sizes from 70 m².
Why does your price differ from other websites?
Figures on broker sites are unofficial and mostly outdated. Official prices are issued by Ouda directly and updated on this page with the update date shown.
Disclaimer: all prices and payment terms shown are valid as of 8 August 2026 and subject to change without notice. To confirm final pricing, contact us on 17793.