Nurai New Cairo

Nurai New Cairo is a residential project by Mercon Developments in the Golden Square area of the Fifth Settlement, New Cairo, under construction since May 2025. The project covers 16 feddans, with about 80% set aside for green and water features. As of October 2026, Nurai prices start from EGP 4.5 million for a one-bedroom apartment, with a 10% down payment and installments over up to 8 years, and delivery in the fourth quarter of 2028.

Nurai Location in the Golden Square

Nurai is in the Golden Square of the Fifth Settlement, an area of compounds, malls and services around the North and South 90th Streets. The project is next to Mivida compound and a short distance from the North and South 90th areas and the American University in Cairo. It can be reached via the Tahrir Axis and the Mohamed Naguib Axis, a few minutes from the Middle Ring Road, and it also neighbors Saada and Amara Residence compounds.

The exact location is described differently in different places: some name the Golden Square and others put it in the Lotus area inside the square. We therefore advise visiting the site and viewing the land and surrounding roads before booking. To see the neighboring compounds and compare prices, check our guide to Fifth Settlement compounds.

Unit Sizes and Types

Nurai offers apartments only at present (October 2026), with sizes as follows:

• One-bedroom apartment of 85 sqm.
• Two-bedroom apartment of 110 sqm.
• Three-bedroom apartments from 150 to 185 sqm (starting at 155 sqm in some units).

The buildings are ground floor plus 3 repeated floors and a penthouse with roof rights, with 4 units per floor. About 80% of the land is given over to greenery, fountains and artificial lakes. Ownership is freehold. This low-rise design means few neighbors per building and more privacy than a tower, and with 4 units per floor there is less crowding at the elevators. The smaller apartments suit couples and investors, while units of 150 to 185 sqm suit families who need an extra room for an office or guests.

Nurai Fifth Settlement Prices

Figures vary by phase, because some show launch prices and others show larger units or resale:

• Nurai prices start from EGP 4.5 million (EGP 4,501,251) for an 85 sqm one-bedroom apartment.
• A 110 sqm two-bedroom apartment starts from about EGP 5.8 million (EGP 5,825,701).
• A higher starting figure of about EGP 6.9 million also appears, and some resale listings reach EGP 12.8 million for units with gardens.

Dividing price by area gives about EGP 53,000 per meter for the one- and two-bedroom apartments. This is our own calculation, not an announced price. We advise confirming the current price with the developer, because starting prices change with each phase. These figures are indicative and are not an official price quote.

Nurai Payment Plans

The main plan is a 10% down payment with installments over up to 8 years. A plan with a 5% down payment over 8 years also appears, and a 10% down payment is available. As an illustration of our own: an apartment at EGP 4.5 million with a 10% down payment needs about EGP 450,000 upfront, leaving about EGP 4.05 million over 96 months, or roughly EGP 42,000 a month if divided equally with no annual payments.

Delivery is in the fourth quarter of 2028, and construction started in May 2025. Rely on the date written in the contract, and ask about the finishing type and whether the price includes central air conditioning.

The Developer: Mercon Developments

The developer is Mercon Developments, presented in current offers as a company founded in 2019 on more than 15 years of experience in contracting and development. Nurai is among its most prominent projects in East Cairo. You can review the delivery record of its earlier projects before booking, a step we recommend with any relatively young developer, and the company’s stated contracting experience is no substitute for checking the project’s actual construction schedule on site.

Services and Facilities

The project has a wide list of facilities including a shopping area, a barbecue area, sports facilities, children’s playgrounds, a cycling track, a jogging track, a nursery, surveillance cameras, cafes and restaurants, car parks and underground parking, a yoga room, walkways, a pharmacy, gardens and parks, a jacuzzi, a sauna, an indoor swimming pool, hotel-style facilities and a spa. It also includes artificial lakes, multiple swimming pools, shops, a mosque, an ATM, power generators and a strong internet network. These lists come from the descriptions in current offers and are not an official handover schedule, so ask to see the master plan and what will be delivered in the first phase. In practice, judge facilities by three questions: are they included in the price or under a separate subscription, when do they open relative to unit handover, and who runs them after handover. Many compounds announce lakes and clubs that open later than the units are delivered, and that should be stated explicitly in the contract.

Who Nurai Suits

Nurai suits anyone looking for an 85 to 185 sqm apartment in the Golden Square with low building density and artificial lakes, and those who prefer fairly long installments with a 10% down payment. Because the project is apartments only, anyone who wants a standalone villa or townhouse should look at other projects. Investors should ask about rental values for small apartments in the area after handover.

Tips Before Booking at Nurai Fifth Settlement

Before signing any contract, go through the following with the developer or the West Capital team:

• Ask for the master plan and the delivery dates of the announced facilities in the lakes and the club.
• Get the delivery date in writing, because the data mention both 2027 and 2028.
• Confirm the actual down payment (5% or 10%) and any annual payments in the schedule.
• Ask about the finishing type, maintenance costs and community management.

Why Buy Through West Capital

At West Capital we help you compare Nurai with Golden Square and Fifth Settlement projects on price per meter, installment length and building density, and we explain the differences between the figures in the various current offers so you contract on a clear, written basis.

Before booking we review with you the developer’s name, the licensing position, the delivery timeline, the finishing type and what the price includes in maintenance costs, deposit and club, and we explain the difference between developer units and resale units so you compare offers on clear numbers. For the latest prices and what is actually available, contact our team on WhatsApp or at 01002200212.

For more options, browse projects in New Cairo and see the other projects by Mercon Developments. You can also look at Blue Tree Compound Fifth Settlement, Sephora Heights Compound Fifth Settlement and Nomad Compound Fifth Settlement, and read our guide to Fifth Settlement compounds before you decide.

Nurai Fifth Settlement FAQ

Where is Nurai compound located?

In the Golden Square area of the Fifth Settlement in New Cairo, next to Mivida compound.

How big is Nurai compound?

The project covers 16 feddans, with about 80% set aside for greenery and water features.

What are Nurai’s starting prices?

Prices start from EGP 4.5 million for an 85 sqm one-bedroom apartment (October 2026).

What is the payment plan at Nurai?

A 10% down payment with installments over up to 8 years. Some offers show a 5% down payment with installments over 8 years.

When are units delivered at Nurai?

Delivery is expected in the fourth quarter of 2028, though 2027 also appears in some offers, so rely on the date written in the contract.

Who is the developer of Nurai compound?

Mercon Developments. To ask, contact West Capital on WhatsApp at 01002200212.

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