Olfa Residence Sheikh Zayed

Olfa Residence Sheikh Zayed is an apartment compound by El Bait El Amer Developments on Street 5 in the Green Revolution area, built on 2 feddans with only 6 buildings. Prices start from EGP 3.99 million as of November 2026, with a 10% down payment and installments over up to 8 years, or 7% down over 7 years.

About Olfa Residence

The name is also searched as “Olfa Compound” or “Olfa Zayed”, and the developer markets it as hotel-style living in the heart of Sheikh Zayed. The idea is a small gated community: six buildings only, each with a ground floor plus five floors (G+5) and just three apartments per floor. That means low density and fewer neighbours at every entrance.

Booking opened in August 2026 and the project is under construction. It is one of the small projects that suit buyers who prefer quiet over scale.

Where is Olfa Residence in Sheikh Zayed?

The compound is in the Green Revolution area of Sheikh Zayed on Street 5, opposite Al Yasmine compound. Approximate distances:

• About 5 minutes to the 26th of July Axis and the Desert Road.
• About 5 minutes to Hyper One, Dandy Mall and the Al Ahly Club Sheikh Zayed branch.
• About 10 minutes to Juhayna Square and Smart Village.
• About 15 minutes to Mall of Arabia and the Dahshur Link.

Unit sizes and types

Units split between ground-floor homes with gardens and apartments on the repeated floors:

• An 87 m² ground-floor apartment with two bedrooms, two bathrooms and a 24 m² garden.
• A 114 m² apartment with two bedrooms and two bathrooms on the repeated floors.
• A 133 m² apartment with three bedrooms on the repeated floors.
• A 140 m² ground-floor apartment with three bedrooms and a 57 m² garden.

Olfa Residence prices and payment plans

Prices start from EGP 3.99 million, about EGP 35,000 per m² for the lowest-priced apartment. Two payment plans are available: a 10% down payment with installments over up to 8 years, or a 7% down payment with installments over up to 7 years, in equal amounts, plus a maintenance deposit of 8% of the unit value.

As an approximate illustration for a 114 m² apartment at EGP 3.99 million: on the 10% plan the down payment is EGP 399,000, leaving EGP 3.59 million over 96 months, or about EGP 37,400 a month. On the 7% plan the down payment is about EGP 279,000, leaving EGP 3.71 million over 84 months, or about EGP 44,200 a month. These figures are for illustration only; the contract is the reference.

Delivery is announced for roughly two and a half years after booking. Ask which units are actually available before you accept any price.

The developer, El Bait El Amer Developments

The developer is El Bait El Amer Developments, a Giza-based Egyptian company that says it was founded in 1984 and started in contracting before moving into development. Olfa is its latest residential project, so we recommend visiting its earlier work on site and getting the construction schedule in writing before you sign.

Amenities and services

• Electronic gates, 24-hour security and CCTV.
• Elevators and car parking.
• Gardens, green areas, walking and running paths and cycle tracks.
• A social club and a children’s play area.
• Maintenance, cleaning and internet service.

Olfa compared with nearby Sheikh Zayed projects

The figures below come from each project’s own page on our site:

• One District Sheikh Zayed in the Green Revolution: 5 feddans, prices from EGP 2.1 million, 10% down and installments over up to 10 years.
• El Karma Residence: 16 feddans, prices from EGP 6.5 million, 5% down and 8-year installments.
• Waterway West: 47 feddans, prices from EGP 10 million, 5% down and installments over up to 7 years.

Olfa stands out for its small footprint (2 feddans and 6 buildings) and for ground-floor units with private gardens, while the larger projects offer wider leisure facilities. Choose by what matters to you: quiet and fewer neighbours, or variety of amenities.

Who Olfa suits and what to check before booking

It suits small families and anyone who wants a two- or three-bedroom apartment in a quiet community at a reasonable monthly installment, as well as investors buying at launch. It does not suit buyers who want large grounds or a big amenity package. Before booking, check:

• Which units are actually available, on which floor and with which view, since prices differ between them.
• Which plan suits you, 10% or 7%, and the total paid under each.
• The delivery date and late-delivery penalty, written into the contract.
• The maintenance deposit (8%) and what it covers.
• The building permit and licensing status.

Why buy at Olfa Residence with West Capital

• We show you the units available at Olfa and compare them with Green Revolution projects using real numbers.
• We calculate the monthly installment and total paid under both plans before you decide.
• We explain the difference between a ground-floor unit with a garden and the upper-floor units.
• We go through the delivery clauses in the contract with you.

Also browse apartments for sale in Sheikh Zayed on installments and the best Sheikh Zayed compounds.

Olfa Residence Sheikh Zayed FAQ

How much do apartments in Olfa Residence Sheikh Zayed cost?

Prices start from EGP 3.99 million for a 114 m² two-bedroom apartment on the upper floors, from EGP 4.52 million for a 133 m² three-bedroom, and from EGP 4.1 million for an 87 m² ground-floor unit with a garden, as of November 2026.

Where is Olfa Residence?

In the Green Revolution area of Sheikh Zayed on Street 5, opposite Al Yasmine compound, about 5 minutes from the 26th of July Axis and the Desert Road.

Who is the developer of Olfa?

El Bait El Amer Developments, a Giza-based company that says it was founded in 1984.

What is the payment plan at Olfa Residence?

Two plans: a 10% down payment with installments over up to 8 years, or a 7% down payment with installments over up to 7 years, plus a maintenance deposit of 8% of the unit value.

What unit sizes does Olfa offer?

Apartments from 87 m² to 140 m² with two or three bedrooms, and private gardens of 24 m² and 57 m² for the ground-floor units.

When will Olfa Residence be delivered?

Delivery is announced for roughly two and a half years after booking. Ask for the date to be written into your contract.

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