Last updated: 8 August 2026
If you are looking for a compound in New Obour City, this page shows you how to compare properly — which numbers to ask for before you reserve, with Ouda’s own figures set out in full.
Six criteria for comparing any compound
- Built ratio — how much of the land is actually built on. The lower it is, the more open space and privacy each unit effectively owns.
- Delivered track record — has the developer handed over before, and can you visit those buildings?
- Post-handover management — who runs the compound after you move in?
- Contractual handover period — written into the contract, or a verbal promise?
- Price per square metre — and the expected increase.
- Payment structure — down payment, instalment term, and whether interest applies.
Ouda projects in Obour — the full figures
| Project | Location | Built ratio | Unit sizes | Price | Payment | Status |
|---|---|---|---|---|---|---|
| Canary | District 25 | 25% | 70 – 355 m² | from EGP 27,000/m² | 15% down · 6 years interest-free | Pre-launch · 3-year handover |
| Golf City | Obour entrance | 200 feddans | 150 – 1,150 m² | EGP 25,000 – 30,000/m² | 50% down · up to 24 months | Ready to deliver |
| Isis Cairo | Gesr El Suez | Ground + 11 | 165 – 205 m² | from EGP 2,805,000 | 50% down · up to 24 months | Ready to deliver |
Built ratio — the number most developers do not publish
It is the most decision-relevant figure and the least published. Built ratio determines how many feddans are actually built on and how much is left as green space and services.
Canary is only 25% built across 15 feddans and 26 buildings, ground + 4 floors — leaving 75% of the land as open space and amenities, including roughly 50,000 m² of greenery and water features.
If a developer does not publish the built ratio, ask before you reserve. If they will not say, that is an answer in itself.
Price per metre in New Obour — and how to read it
| Stage | Price / m² |
|---|---|
| Canary — pre-launch (now) | EGP 27,000 |
| Canary — official launch — soon | EGP 29,900 |
| New Obour compound average | EGP 32,900 |
See the full official price list
Three questions to ask any project before you pay
1. Does the developer have a delivered track record you can visit?
A render is not evidence. Ask to see a building that is standing and occupied. Ouda has delivered over 1,000 units in Obour, plus Golf City across 200 feddans — all standing and lived in today.
2. Is construction funded by buyers’ instalments?
If all funding comes from buyer payments, any slowdown in sales means a delay in your handover.
3. Who manages the compound after handover?
This decides what the compound looks like in five years. Canary is managed by Bravo Saudi Arabia — a 50% ownership partner.
Frequently asked questions
Which is the best compound in New Obour City?
There is no single answer for everyone. Compare on six criteria: built ratio, delivered track record, post-handover management, contractual handover period, price per metre and payment structure.
What does built ratio mean and why does it matter?
It is the proportion of the total land actually built on. The lower it is, the more open space and privacy.
Are there compounds in Obour with interest-free instalments?
Yes. Ouda’s payment terms for Canary are 15% down with up to 6 years and no bank interest.
Are there ready-to-deliver compounds in Obour?
Yes — Golf City and Isis Cairo have units ready for immediate handover, on 50% down with up to 24 months.
Next step
Canary · Official prices · Call 17793 · WhatsApp
Figures valid as of 8 August 2026 and subject to change.
