Palm Island Shorouk

Palm Island Shorouk is a residential compound developed by TG Developments on 13 feddans on the Suez Road, opposite Gate 3 of Madinaty. The project is under construction, with prices starting from EGP 3.5 million on a 0% down payment and installments over up to 6 years, as of the latest update in October 2026, and delivery within 3 years of contracting.

About Palm Island Shorouk Compound

The project is built on the “residential resort” idea: the company sets aside 80% of the land for green areas, water bodies, walking paths and services, and limits construction to 20%, spread over 6 blocks among gardens and artificial lakes. That is where the name “Island” comes from, since the buildings look like residential islands surrounded by greenery. The buildings are only a ground floor plus 4 typical floors, in a classic European design by the consultant Mohamed Hafez.

The project targets buyers looking for small and mid-size units at affordable prices, from young families to investors who prefer units that are easy to rent, rather than large villas. A Plus handles operations and maintenance management after handover, depending on the phase.

Palm Island Shorouk Location

The compound is in El Shorouk City, directly on the Suez Road opposite Gate 3 of Madinaty and the Madinaty Open Air Mall, and on the Gamal Abdel Nasser axis, which puts it at the crossing of main axes in east Cairo. It neighbors an international medical and educational complex and El Patio Sola Shorouk by La Vista. The approximate distances are:

• Madinaty, its Gate 3 and the Madinaty Open Air Mall: directly opposite the project.
• Cairo International Airport and the New Administrative Capital: about 10 minutes.
• North 90th Street: about 15 minutes.
• Rehab and Fifth Settlement: between 15 and 20 minutes.
• The American University in Cairo in New Cairo: about 20 minutes.
• Mostakbal City and HapTown: about 18 kilometers.

The minute estimates are approximate outside peak hours, so time them yourself before you decide.

Areas and Unit Types

Areas range from 68 to 334 square meters in three categories:

• Apartments on the typical floors: a one-bedroom of 82 meters, two-bedrooms from 97 to 131 meters, three-bedrooms from 138 to 167 meters, and a four-bedroom of 191 meters.
• Ground-floor apartments with gardens: a one-bedroom from 68 to 82 meters with gardens of 36 to 54 meters, a two-bedroom of 97 meters with a 60 meter garden, and three- and four-bedrooms with gardens of 38 to 83 meters.
• Garden villas: of 202 and 334 meters with gardens of 68 and 65 meters.

Units are delivered as red brick (core and shell), and the buyer completes the finishing personally or through a specialist company.

Palm Island Shorouk Prices

Prices at Palm Island start from EGP 3.5 million (EGP 3,496,250) for a one-bedroom ground-floor apartment with a 68 meter garden. Prices step up as follows:

• One-bedroom apartment on the typical floors (82 meters): about EGP 3.61 million.
• Two-bedroom apartment (97 to 131 meters): from EGP 4.2 to 5.62 million.
• Three-bedroom apartment (138 to 167 meters): from EGP 6.07 to 7.18 million.
• Four-bedroom apartment (191 meters): from EGP 8.01 to 8.31 million.
• Ground-floor apartment with a garden: from EGP 3.5 million for a 68 meter unit to EGP 8.91 million for a 191 meter unit.
• Garden villa: EGP 9.5 million for 202 meters and EGP 15.8 million for 334 meters.

The price per meter starts at roughly EGP 42,000 and varies with the type and the view.

Payment Plans

The company offers flexible payment plans, the best known being a 0% down payment with installments over up to 6 years. The available plans include:

• 0% down payment and 6-year installments.
• 5% down payment and 7-year installments.
• 10% down payment and installments over up to 8 years.
• 10% down payment with a 5% payment after one year and installments over up to 9 years.
• 10% down payment with three 5% payments after 6 months, one year and two years, and installments over up to 10 years.

Units are handed over within 3 years of signing the contract, as red brick. Because offers change from one campaign to the next, we recommend confirming the plan and any extra payments in writing before booking, and asking the company about the maintenance deposit.

The Developer

The developer is TG Developments, an Egyptian joint-stock company chaired by Eng. Ashraf Tahoun, with more than 20 years of experience in real estate development. Its projects include Palm Capital in El Shorouk, Palm East in New Cairo and Palm Hub Mall in El Shorouk. You can compare the project with its sibling Palm Capital Shorouk, which is on the Gamal Abdel Nasser axis and offers relatively larger areas.

Services and Facilities

The compound has a set of services that makes it self-sufficient:

• A social club of 4,200 square meters, with fitness halls, a sauna, a jacuzzi and a spa.
• The Palm Square commercial mall inside the project, about 7,500 square meters over a ground floor and two floors, with shops starting from 45 meters, restaurants and kids’ entertainment.
• Swimming pools in a variety of shapes and a safe kids’ play area divided by age.
• Running and cycling tracks, artificial lakes and gardens.
• A hypermarket, bank branches, secured car parks, 24-hour security and electronic gates.

The design separates the entertainment and commercial areas from the quiet residential ones, so the residential blocks keep their privacy.

Who Palm Island Suits

The project suits young couples and small families looking for a unit with or without a garden at a relatively low entry price in El Shorouk. It also suits investors who want a small unit that is easy to rent in a location opposite Madinaty. Since delivery is in about 3 years and finishing is the buyer’s job, include the finishing cost in your budget. Buyers who want larger units on the higher plateau can compare it with Palm Capital.

Points to Check Before Booking

Because the project is under construction, go through the following with the sales representative before you pay any amount:

• Ask for the complete payment schedule with dates and amounts, especially the extra payments in the longer plans.
• Ask about the position of the block in the master plan and its view. The plan has blocks marked with different letters, and the difference in view shows up in the price.
• Check the actual completion rate on the ground and visit the site if you can.
• Find out the maintenance deposit cost, when it is due and who manages it.
• Compare the price per meter between the typical-floor apartment and the apartment with a garden, because the garden adds value and raises the total price.

Why Buy Through West Capital

• We show you the units actually available at Palm Island and their current prices, rather than old published prices.
• We work out the monthly installment for each of the five plans so you can choose the one that fits your income.
• We compare Palm Island with the neighboring El Shorouk compounds on price, area and delivery date.
• We follow the contracting with the developer through to handover, with no extra fees for you.
• We send you the plan, the location map and the price schedule on WhatsApp as soon as you ask.

For more options, browse El Shorouk City projects, learn about TG Developments, compare with Palm Capital Shorouk, El Patio Sola Shorouk and Granda Shorouk, and see the guide to the best New Cairo and Fifth Settlement compounds.

Frequently Asked Questions About Palm Island Shorouk Compound

Where is Palm Island Shorouk compound located?

In El Shorouk on the Suez Road opposite Gate 3 of Madinaty and the Madinaty Open Air Mall, on the Gamal Abdel Nasser axis, next to an international medical and educational complex.

How large is Palm Island and what is its building ratio?

The project covers 13 feddans. Buildings take up 20% in 6 blocks, against 80% for green areas, water bodies and services.

What do unit prices start from?

Prices start from EGP 3.5 million (EGP 3,496,250) for a one-bedroom garden apartment of 68 meters, and reach EGP 15.8 million for a 334 meter garden villa, as of the latest update in October 2026.

What payment plans are available?

Several plans, including a 0% down payment with installments over up to 6 years, a 5% down payment over up to 7 years, a 10% down payment over up to 8 years, and up to a 10% down payment with extra payments and installments over up to 10 years.

How long until the units are handed over after contracting?

Handover is within 3 years of contracting, as red brick, so check the date written in your contract.

What unit types are available?

Typical-floor apartments, ground-floor apartments with gardens and garden villas, with areas from 68 to 334 square meters.

Ask about what’s available now on WhatsApp