Prices at Degla Palms in New October start from EGP 1,871,600, with a down payment from EGP 187,160 (10%) and monthly instalments from EGP 15,597 over 5 years, with a grace period of 3 months. Last data update: 20 October 2026.
Starts from
1,871,600 EGP
Delivery
2 months
Types
Ground-floor apartment with garden, Penthouse, Apartment
Down payment from
187,160 EGP
Installment from
15,597 EGP
Approx. rental return
7% · estimated average
Payment plan
60 month · grace 3 month
Data last updated:Prices and availability may change at the developer at any time.
Units
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Unit types and their areas. Price columns are locked.
Type
Bedrooms
Area
Price
Down payment
Monthly installment
Studio
Studio
35 sqm
Apartment
1 bd
50 sqm
Penthouse
2 bd
67 sqm
Apartment
2 bd
77 sqm
Ground Floor with Garden
2 bd
80 sqm
Apartment
3 bd
110 sqm
Sample units and their feasibility
Two units from the project, rotated weekly. Rent and return figures are estimates.
Ground-floor apartment with garden
Area
80 sqm
Bedrooms
2
Handover
2026-12
Price
2,768,500 EGP
Cash price
1,384,250 EGP
Down payment
276,850 EGP10%
Instalment
69,213 EGPevery 3 months
Instalment period
8 years
Expected monthly rent
16,149 EGP
Approx. rental return
7%estimated average
Net rental return
6.09%
Payback from rent
16.4 years
Rent covers of instalment
60.9%
Paid before rent starts
276,850 EGP
Apartment
Area
77 sqm
Bedrooms
2
Handover
2026-12
Price
2,383,300 EGP
Down payment
238,330 EGP10%
Instalment
59,583 EGPevery 3 months
Instalment period
8 years
Expected monthly rent
13,902 EGP
Approx. rental return
7%estimated average
Net rental return
6.09%
Payback from rent
16.4 years
Rent covers of instalment
60.9%
Paid before rent starts
238,330 EGP
Frequently asked questions
How much are units in Degla Palms?
Prices start from EGP 1,871,600. By type: Studio from EGP 1,817,100, Typical Apartment from EGP 1,871,600, Penthouse from EGP 2,458,800, Ground Apartment from EGP 2,768,500.
What is the payment plan at Degla Palms?
Down payment from EGP 187,160 (10%), instalments over 5 years, grace period of 3 months.
What is the lowest monthly instalment at Degla Palms?
Monthly instalments start from EGP 15,597.
What unit sizes are available at Degla Palms?
From 35 to 110 sqm.
When is handover at Degla Palms?
Handover is within 2 months.
What is the expected rental return at Degla Palms?
About 7% a year (an estimated area average).
Where is Degla Palms?
Degla Palms is in New October, 6th of October.
Who is the developer of Degla Palms?
Degla Palms is developed by Memaar Al Morshedy.
About the project
Degla Palms is a residential project by Memaar Al Morshedy in New October, 6th of October.
with delivery within 2 months. across 2 plans on offer. The nearest alternative is "West Courts New October" 0.8 km away, among 3 alternatives within the project's range. Compared with 7 projects recorded in New October.
Degla Palms Units and Areas
Available unit types are Ground Apartment, Typical Apartment, Penthouse, Studio, and the smallest area is 35 m². The project spans 350 acres. Unit areas range from 50 to 80 m².
Degla Palms Unit Types and Handover
The project offers Ground Floor with Garden, Penthouse and Apartment, with 1 to 2 bedrooms.