Prices at The Island - Zahra in Al Alameen start from EGP 8,167,320, with a down payment from EGP 379,500 (5%) and monthly instalments from EGP 60,088 over 6 years. Last data update: 31 August 2026.
Starts from
8,167,320 EGP
Delivery
—
Types
Apartment
Down payment from
379,500 EGP
Installment from
60,088 EGP
Approx. rental return
7% · estimated average
Payment plan
72 month
Data last updated:Prices and availability may change at the developer at any time.
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Units
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Unit types and their areas. Price columns are locked.
Type
Bedrooms
Area
Price
Down payment
Monthly installment
Apartment
2 bd
69–70 sqm
Apartment
3 bd
85 sqm
Sample units and their feasibility
Two units from the project, rotated weekly. Rent and return figures are estimates.
Apartment
Area
85 sqm
Bedrooms
3
Price
13,713,333 EGP
Down payment
685,667 EGP5%
Instalment
108,564 EGPmonthly
Instalment period
10 years
Expected monthly rent
79,994 EGP
Approx. rental return
7%estimated average
Net rental return
6.09%
Payback from rent
16.4 years
Rent covers of instalment
64.11%
Apartment
Area
70 sqm
Bedrooms
2
Price
9,973,333 EGP
Down payment
498,667 EGP5%
Instalment
78,956 EGPmonthly
Instalment period
10 years
Expected monthly rent
58,177 EGP
Approx. rental return
7%estimated average
Net rental return
6.09%
Payback from rent
16.4 years
Rent covers of instalment
64.1%
Frequently asked questions
How much are units in The Island - Zahra?
Prices start from EGP 8,167,320. By type: Apartment from EGP 7,590,000.
What is the payment plan at The Island - Zahra?
Down payment from EGP 379,500 (5%), instalments over 6 years.
What is the lowest monthly instalment at The Island - Zahra?
Monthly instalments start from EGP 60,088.
What is the expected rental return at The Island - Zahra?
About 7% a year (an estimated area average).
Where is The Island - Zahra?
The Island - Zahra is in Al Alameen, North Coast.
Who is the developer of The Island - Zahra?
The Island - Zahra is developed by Morshedy Group.
About the project
The Island is the latest addition to the legacy of the Zahra North Coast Beach Resort. The project was developed by Morshedy Group in New Alamein City. This premium phase was developed to offer a unique island living experience. In this phase, the developer created an unparalleled living experience through the top-tier facilities and services it offered. Moreover, surrounded by water from all directions, the houses in this phase enjoy picturesque views. Also, The Island Zahra North Coast enjoys a prime location that is only 5 minutes away from New Alamein City’s center. Thanks to such a location, the project is close to all vital facilities in the city. The Island Zahra North Coast Location The Island is located inside Zahra North Coast Resort , which is located in Alamein City, on km 123 of the International Coastal Road (also known as Alexandria - Marsa Matroh Road). Thanks to this strategic location, the project and its relevant phases have a positioning that is exactly: Adjacent to Hacienda Bay Just 5 minutes from New Alamein City’s center 10 minutes to Marassi Sidi Abdel Rahman , Diplomatic Village Only 10 minutes away from Al Alamein Airport 10 minutes away from New Alamein University and Hospital The Island Zahra North Coast Key Roads Thanks to the prime location of The Island Zahra Alamein, it is within close proximity to major high-end resorts such as: Plage Mountain View IL Latini City Edge Marina El Alamein Moreover, the project is easily accessible through several routes, such as Alexandria - Marsa Matrouh Road and El Alamein Road. The Island Zahra North Coast Master Plan The Island Zahra North Coast follows its mother resort in having a well-designed, professionally executed master plan. This outline was designed that way to ensure that residents can enjoy a premium summertime experience. In its master plan, the developer made sure to sketch major elements that go side by side with the main facilities. The main elements in The Island’s master plan include: Lush greenery taking over the entire project’s land area Verdant landscaping and shaded outdoor zones Abundant water features and water bodies The Island Zahra North Coast Facilities & Services The Island Zahra North Coast features a wide variety of top-tier facilities and services. The facilities offered in the resort include, but are not limited to, the following: 98+ swimmable lakes 200+swimming pools 3 private beaches Zahra’s main 30-acre entertainment hub, AKTI Hazel Farm Communal spaces Spacious outdoor zones and parks Jogging lanes Running tracks Bike trails Pedestrian-friendly walkways Moreover, These properties come in different sizes, styles, prices, and layouts to offer the residents a wide selection of options to pick from that best suit their needs. Moreover, these properties overlook the magnificent scenery of the lush greenery and verdant landscaping prevalent all over the compound. The Island Zahra North Coast Unique Selling Points Choosing to get your new unit in The Island Zahra North Coast is a prime investment opportunity for the following reasons: Prime location, only 5 minutes from the city’s center A wide selection of premium facilities that offer an unparalleled living experience Picturesque water views from anywhere Morshedy Group Morshedy Group has been in the Egyptian real estate industry since 1983 by Mr. Mohamed Morshedy. Over the years, the company has developed more than 21 mega projects, serving 80000 residents and business owners. It has developed the following top-tier projects: Degla Towers in Heliopolis One Katameya in Maadi Degla Land Mark in Central Cairo Al Alamein Al Alamein City is one of the most premier coastal spots in North Coast. It stretches across km 100 to km 123 of the International Coastal Road. The city is only a 30-minute drive from Sidi Abdel Rahman. The city is home to many upscale resorts such as: Dayz in Alamein by Mercon Developments Mazarine New Alamein by City Edge Developments Palm Hills New Alamein
Compared with 49 projects recorded in Al Alameen.
The Island - Zahra Units and Areas
The project offers Apartment, with areas starting from 69 m². Unit areas range from 69 to 85 m².
The Island - Zahra Unit Types and Handover
The project offers Apartment, with 2 to 3 bedrooms, and handover starting in 2030.