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Under constructionPhased handover from 2026 to 2030

Cleo Water Residences, Palm Hills New Cairo

Inside Palm Hills New Cairo, New Cairo · Palm Hills Developments

Prices fromEGP 6,933,2843% down · up to 10 years

About Cleo Water Residences

Developer
Palm Hills Developments
Location
A phase within Palm Hills New Cairo
Parent compound
Palm Hills New Cairo, 500 feddans
Green space
82% of the phase, plus a 5,000 m² lagoon
Buildings
14 completed buildings
Sizes
65 to 200 m²
Developer plan
3% down, back-loaded over up to 10 years
Handover
2026 to 2030

Cleo Water Residences is an apartment-only phase inside Palm Hills New Cairo, developed by Palm Hills Developments around a 5,000 m² lagoon. It shares the location of the 500-feddan parent compound, 17 km from the American University in Cairo and 32 km from the New Administrative Capital.

Homes here are limited to fully finished apartments and studios, most of them sold by the developer with handovers running from 2026 to 2030. That makes the phase a fit for couples and small families, and for anyone who wants to live inside Palm Hills New Cairo on a smaller budget than a villa requires while still using the wider compound's services.

Cleo Water Residences design

Cleo is designed as a lakeside community: winding waterways run between the buildings, acting as natural dividers between residential pockets, cooling the surrounding air and creating social spaces along their banks.

Sidewalks and safe footpaths link 14 completed buildings, while landscaped green space covers 82% of the phase. Renders show mid-rise blocks with wide balconies facing the water, and the unit interiors are by interior designer Nihal Mourad.

Cleo Water Residences size

Cleo has no separately published land area, since it is part of the 500-feddan Palm Hills New Cairo. Within the phase, green space covers 82% of the land, a 5,000 m² lagoon sits at its center, and there are 14 completed buildings.

Units on offer range as follows:

  • Apartments: 65 to 200 m², from one to three bedrooms.
  • Studios: about 70 m².

Some apartments come with private gardens, including a 90 m² garden attached to a two-bedroom unit.

Cleo Water Residences prices

Developer units at Cleo Water Residences start from EGP 10,285,000, while the resale market starts from EGP 6,933,284, based on listings available in October 2026. Price ranges by type:

  • Studios: about EGP 8.3 million.
  • Apartments: EGP 6.9 to 31.8 million, with a median of about EGP 16.2 million.

The median price per m² is close to EGP 138,800 for apartments and around EGP 118,600 for studios. Apartment prices span a wide range because listings mix one- and three-bedroom units, different handover dates and homes with private gardens.

Unit typeAreaBedroomsFrom
Apartments65 – 200 m²1 – 3EGP 6,933,284
Studio70 m²StudioEGP 8,300,000

Apartments for sale in Cleo Water Residences (12)

All Palm Hills Developments apartments

Booking and payment plans at Cleo Water Residences

Developer installments

Palm Hills offers Cleo units with a down payment from 3% and installments of up to 10 years on a back-loaded plan, where early payments are smaller than later ones. Installments are paid monthly in the current offers.

Units sold by owners

Some resale listings still carry a balance owed to the developer. In that case the seller gets back what they paid plus the agreed price difference, and the obligation for the remaining installments passes to the buyer. Before signing, review the statement of account issued by Palm Hills, find out the transfer fee, and verify the maintenance deposit and the unit's actual handover date.

  1. 3%Down on contract
  2. 97%Installments over 10 years

Estimate your installment

Down payment—
Monthly installment—
Quarterly installment—

A rough estimate excluding interest, maintenance deposit and parking. The actual plan is set in the unit contract.

Facilities and services at Cleo Water Residences

Cleo combines its own facilities with everything Palm Hills New Cairo offers residents, including:

  • A 5,000 m² lagoon with social spaces along its banks.
  • Landscaped green areas covering 82% of the phase.
  • Sidewalks and footpaths connecting the buildings.
  • An outdoor gym.
  • 24/7 security.
  • Maintenance services.
  • Access to Palm Hills New Cairo amenities and its large commercial hub.
  • Separate business and residential entrances to the compound.
  • 5,000 m² lagoon
  • Green spaces
  • Footpaths
  • Outdoor gym
  • 24/7 security
  • Maintenance
  • Commercial hub
  • Palm Hills New Cairo amenities
  • Separate entrances

Location

  • Palm Hills Katameya PK111 km
  • American University in Cairo17 km
  • German University in Cairo17 km
  • New Administrative Capital32 km
  • Downtown Mall36 km
  • Cairo International Airport36 km
  • New Capital Airport41 km

About the developer

Palm Hills Developments

Palm Hills Developments, founded in 1997 and listed on the Egyptian Exchange, builds homes and resorts in October, Zayed, New Cairo and the North Coast.

All Palm Hills Developments projects

Cleo Water Residences FAQ

Is Cleo Water Residences a separate compound?

No, it is a residential phase inside Palm Hills New Cairo, and its residents use the compound's facilities and services.

What units are available in Cleo?

Apartments with one to three bedrooms from 65 to 200 m², and studios of about 70 m², almost all fully finished.

What are the starting prices?

Resale starts at EGP 6,933,284 and developer units at EGP 10,285,000, based on October 2026 listings.

What is the developer's payment plan?

A down payment from 3% with back-loaded installments over up to 10 years, paid monthly in current offers.

When are Cleo units handed over?

Handover dates range from 2026 to 2030 depending on the building and unit.

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