About the company
Who is the best real estate developer in El Obour City?
The honest answer depends on what you need, but there is one objective measure: delivered track record. Ouda Developments has handed over more than 1,000 residential units to its clients in El Obour across more than 25 years. Its standing, occupied projects include Golf City across 200 acres, Isis Cairo, and buildings throughout Districts 6 and 7. Before choosing any developer, ask them to show you a building they have actually delivered and that you can visit.
Is Ouda Developments a trustworthy company?
Ouda is an Egyptian-Saudi company with more than 25 years of experience specifically in El Obour City, led by Eng. Khaled Ouda. Its Saudi partner, Bravo, holds a 50% equity stake — its capital and its vote sit on the board rather than being a contracted supplier. Projects are built on land officially allocated by the state, and contracts specify finishing schedules, technical specifications and handover periods in writing.
What makes Ouda different from other developers in El Obour?
Three measurable differences:
- Buildings you can visit today — over 1,000 delivered units, not only renders.
- Post-handover management by Bravo Saudi Arabia, which has delivered and managed 19 sovereign government projects in Saudi Arabia worth more than SAR 1.75 billion.
- Construction is not funded by client instalments — the alliance’s own solvency funds the build, which protects the project if the market shifts.
Who is Bravo Saudi Arabia?
A Saudi company with more than 30 years of experience in contracting, operations and maintenance. Its chairman, Eng. Saad Al-Malki, is a founding partner of Ouda. Bravo has delivered and managed 19 sovereign government projects over the last five years worth more than SAR 1.75 billion, for clients including the Ministries of Defence, Interior, Justice and Sport, and the National Guard. It holds ISO 9001, 14001 and 45001 certifications, and it will manage Canary compound after handover.
Is Ouda a new company or does it have history?
The commercial name is recent, but the entity, the team and the management have been working in El Obour for more than 25 years. The delivered buildings are standing and occupied — you can visit them and speak to residents.
About Canary Compound
Where is Canary Compound located?
In District 25, New Obour City — the district designated for premium housing, next to Beit El Watan (District 24). The project has frontage on the Middle Ring Road and sits close to the R2 axis. The LRT light rail already operates at El Obour station, with 103 km of track and 19 stations connecting Adly Mansour to the New Administrative Capital.
What is the price per square metre in Canary?
Pre-launch pricing starts at EGP 27,000 per square metre. The official launch is expected soon, starting at EGP 29,900 per square metre. For context, the average price per square metre across El Obour compounds reached around EGP 32,900 after a 27.57% rise in one year.
What is the starting price in Canary?
Prices start at EGP 2,100,000. Unit sizes range from 70 sqm (studio) to 355 sqm (duplex).
What are the payment plans?
A 15% down payment with instalments up to 6 years at zero bank interest. The reservation deposit is EGP 50,000 and is refundable. A launch discount of 5% to 15% applies for a limited period, with an additional discount for cash buyers.
When is handover?
Within 3 years of the contract date, written into the contract alongside specifications and finishing schedules. You receive your unit halfway through the payment period.
How much is the maintenance deposit?
7.5% of the unit value, disclosed upfront and written into the contract. It can be spread across your instalments or settled at handover.
How many buildings are in Canary and what is the built ratio?
26 buildings across 15 acres, at a built ratio not exceeding 25% — meaning 75% of the site is landscape and amenities. Heights are ground plus four floors only, not towers. Around 50,000 sqm is dedicated to green spaces and water features.
What amenities does Canary offer?
A two-floor 2,100 sqm clubhouse, multiple swimming pools, a gym, medical clinics, co-working spaces, a commercial mall, a mosque, separate running, walking and cycling tracks, covered parking, three smart gates with 24/7 security, electric vehicle charging stations, and dedicated accessibility facilities.
What is the advantage of flat slab ceilings?
Flat slab ceilings have no protruding beams, so the ceiling is perfectly level. The practical benefit is that you can reconfigure your apartment layout at any time, opening or closing walls without hitting a beam, and the ceiling line stays clean for any interior design.
What is the finishing standard?
Semi-finished, with a fully finished option on request. You can also modify the interior layout before construction.
About New Obour City
Why invest in New Obour City?
New Obour is a fourth-generation city planned from the ground up — drainage and utility networks were engineered for the city’s density, and zoning separates residential from administrative and commercial areas. Its services are already operating (Carrefour El Shorouk is three minutes away), the LRT electric train is running, and population density is low. Prices remain early on the growth curve compared with New Cairo and the New Administrative Capital.
Are property prices in El Obour rising or falling?
According to published market data from May 2026, apartment prices in El Obour City rose by 27.57% over the past year, with the average compound price per square metre reaching around EGP 32,900.
Is New Obour far from Cairo?
The project sits on the Middle Ring Road close to the R2 axis, with quick access to Madinaty, New Cairo, El Shorouk, the New Administrative Capital and Cairo International Airport. The El Obour LRT station is already operating and connects you to Adly Mansour and the New Administrative Capital.
About buying and dealing with us
Can I visit the project before buying?
Yes, and we encourage it. You can visit the project site, walk our delivered projects (Golf City and the buildings in Districts 6 and 7), and review the documents and the contract clause by clause before any commitment.
Should I buy from the developer or through a broker?
Buying from Ouda directly means one official price with no broker mark-ups. We have a permanent sales office at the company headquarters in El Obour, a hotline on 17793, and a named sales consultant responsible for you.
What happens after handover?
The compound is managed and maintained by Bravo Saudi Arabia to the same standards as its government projects, with a smart app for community management and maintenance requests. Maintenance is planned from the design stage to reduce your running costs after you move in.
Can I resell my unit later?
A professionally managed compound holds its market value and resells higher. Proximity to universities, schools, hospitals and the industrial zone creates permanent residential and rental demand.
Contact
Hotline 17793 · WhatsApp 01033553777 Head office: El Obour City Current project: Canary Compound, District 25, New Obour
*Prices and payment plans are valid for a limited period and subject to change.*
Ready to Take the Next Step?
Explore Ouda’s current developments in Obour and New Obour — official prices, payment plans and availability, directly from the developer.
