Under constructionHandover between 2027 and 2028

Palmet New Cairo Mixed-Use Project, Middle Ring Road

Middle Ring Road near 90th Street, New Cairo · Palm Hills Developments

Prices fromEGP 9,171,0005% down · up to 8 years

About Palmet New Cairo

Developer
Palm Hills Developments
Location
Middle Ring Road near 90th Street
Land area
About 28 feddans
Project type
Mixed use: office, retail and hospitality
Architect
Chapman Taylor
Sizes
68 to 208 m²
Developer plan
5% down over 8 years
Handover
2027 and 2028, core and shell

Palmet New Cairo is a mixed-use project by Palm Hills Developments on roughly 28 feddans beside the Middle Ring Road near 90th Street, close to the Palm Hills New Cairo compound. It brings office buildings, shops, restaurants, a hotel and serviced apartments together in one place, alongside a sports club and an international school.

Units listed today are office spaces handed over between 2027 and 2028 as core and shell, most of them sold directly by the developer. The project is aimed at companies and business owners seeking a base in East Cairo, and at investors looking for units to lease as offices.

Palmet New Cairo design

Chapman Taylor designed the Palmet buildings in a contemporary style inspired by the ancient Egyptian idea of the sun as the source of light, resulting in wide glass facades broken by slender vertical columns that let daylight in.

The master plan divides the site into connected zones that encourage movement and interaction:

  • A residential zone with serviced apartments and a hotel.
  • Social spaces for residents and visitors to meet.
  • Entertainment venues hosting activities and events for all ages.
  • A business zone including the Admin Park and its eight buildings.

The design renders show an open plaza between the buildings lined with shops and cafes.

Palmet New Cairo size

Palmet sits on about 28 feddans that hold the sports club, the international school, the hotel and the retail area, along with the Admin Park and its eight administrative buildings housing offices and shops.

Office units on offer range from 68 to 208 m², a spread that covers a variety of needs:

  • The smallest listed unit starts at 68 m², and an 84 m² office suits startups and professional practices.
  • Mid-sized units such as a 117 m² space fit medium teams.
  • The largest listed space reaches 208 m², enough for the headquarters of a growing company.

Palmet New Cairo prices

Office units sold by Palm Hills at Palmet New Cairo start at EGP 9,171,000, and the resale market starts at EGP 10,670,992, based on listings available in October 2026. Prices break down as follows:

  • Developer office space: EGP 9.2 to 36.8 million.
  • Resale offices: EGP 10.7 million.

The median price per square meter for new office units is about EGP 177,265, compared with about EGP 127,035 for the office listed for resale. Size, the building's position within the project and the floor all affect the price, and every unit is delivered core and shell.

Unit typeAreaBedroomsFrom
Office units68 – 208 m²OfficeEGP 9,171,000

Booking and payment plans at Palmet New Cairo

Developer plan

Palm Hills sells its Palmet units on a single plan: 5% of the price down, with the balance spread over 8 years in fixed, non-escalating installments, paid every three months on the listed units.

Buying an office from an owner

The math differs for resale units: the buyer pays the owner what they have paid the developer plus a premium, then completes the remaining installments, usually over a shorter period than the developer plan. Before paying, request the unit's statement of account from Palm Hills and check the transfer fee, the maintenance deposit and whether a parking space is included.

  1. 5%Down on contract
  2. 95%Installments over 8 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 Palmet New Cairo

Palmet combines a working environment, daily services and leisure on one site. Its main facilities include:

  • Palm Hills Club with its range of sports facilities.
  • An international school built to global standards.
  • The Admin Park with eight buildings, restaurants and social spots.
  • Multiple restaurants and cafes.
  • A hotel and serviced apartments.
  • Leisure and event spaces.
  • Integrated security and CCTV.
  • Gardening services and parking.
  • Sports club
  • International school
  • Admin park
  • Restaurants and cafes
  • Hotel
  • Serviced apartments
  • Entertainment venues
  • Security and CCTV
  • Parking
  • Gardening services

Location

  • New Administrative Capital10 minutes
  • Palm Hills Katameya11 km
  • German University in Cairo17 km
  • American University in Cairo26 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

Palmet New Cairo FAQ

Where is Palmet New Cairo?

Beside the Middle Ring Road near 90th Street in New Cairo, 10 minutes from the New Administrative Capital.

What unit types does Palmet offer?

The project includes offices, retail units, clinics and serviced apartments; current listings are office spaces of 68 to 208 m².

How much is an office at Palmet New Cairo?

From EGP 9,171,000 with the developer and EGP 10,670,992 on resale, based on listings available in October 2026.

How can I pay for a Palmet unit bought from Palm Hills?

5% down with the balance over 8 years in fixed quarterly installments.

Who designed Palmet?

Chapman Taylor, a practice specializing in architecture, master planning and interior design.

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