The Canyon Mostakbal City

The Canyon Mostakbal City is a residential compound by Maxim Developments on 200 feddans in Mostakbal City, Fifth Settlement, with unit delivery originally scheduled for early 2022. It has studios, apartments, duplexes, town houses and villas, with prices starting from EGP 6.6 million. Here are the latest details, current as of October 2026 and by phase.

About The Canyon Compound

The project has a very low building ratio. Only about 18% of the land is residential units, while 82% goes to landscape, lakes and services. The plan is built on three residential districts, each with a group of similar units, and the phases run like this: phase one is villas and town houses from 130 to 450 sqm, phase two is apartments and duplexes, and phase three is apartments and studios from 45 to 200 sqm.

The name Canyon ties to the idea of living among nature, with crystal lakes, fountains, gardens and walking and cycling tracks.

The Canyon Mostakbal City Location

The compound is in Mostakbal City in Fifth Settlement near Madinaty, about 15 minutes by car from the American University. It links to Road 90, the Suez Road, the Ain Sokhna Road, the Mohamed Bin Zayed Axis, the Middle Ring Road and the Cairo-Ismailia Road, and it neighbors areas such as El Shorouk, Badr, Obour and Madinaty.

To compare the project with others in the area, see The Wonder Marq Compound Mostakbal City, Hap Town Compound Mostakbal City and Il Bosco City Compound.

Unit Sizes and Types

As of October 2026:

• Studio: about 88 sqm in the listings on offer, while official sizes start from 45 sqm.
• Apartments: from 149 to 175 sqm in the units on offer, and from 45 to 200 sqm in phase three.
• Duplex: from 251 to 271 sqm with four bedrooms.
• Town house: about 230 sqm with four bedrooms, and a villa of about 260 sqm in the listings.
• Phase one: villas and town houses from 130 to 450 sqm.

Because some of these figures come from units listed for sale and not from the developer’s list, we confirm the available sizes with the developer or the secondary market before you rely on them.

The Canyon Mostakbal City Prices

Prices at The Canyon start from EGP 6.6 million (October 2026), and the average price per sqm is roughly EGP 78,000.

The 2019 figures are much older (up to EGP 10,200 per sqm and an average unit of EGP 3 million), and they do not represent today’s market. Since the figures are far apart in time, we confirm the current price with the developer or from resale units.

Payment Plans

• A 5% down payment with 7 years of equal, interest-free installments.
• A 10% down payment with 8 years of equal, interest-free installments.
• The page’s headline figures quote a 10% down payment with 6 years of installments, which matches neither plan.

Delivery was scheduled for early 2022 and no updated date has been announced, and some buyers see the delivery timeline as long. You should therefore ask about the actual delivery status of the phase that interests you, especially on the secondary market.

The Developer

The developer is Maxim Developments (Maxim Real Estate Development), founded in 1980 by the late Magdy Karrar. The Canyon is one of its projects in Mostakbal City.

Facilities and Services

The announced facilities include (October 2026):

• Crystal lakes, water fountains, gardens, and walking and cycling tracks.
• Swimming pools (heated, cold and covered for women), a health club, sauna, spa, jacuzzi and a beauty center.
• A social club, a children’s play area, sports courts and a barbecue area.
• A commercial area with shops, restaurants and cafes, and a mosque.
• Security, surveillance cameras, parking under each unit and smart home control by phone.

International schools, universities and a five-star hotel are nearby, so ask about their actual distance.

Who The Canyon Suits

The project suits someone looking for a quiet home among large green areas in Mostakbal City who prefers a low building ratio, lakes and gardens to crowded development. It also suits someone who plans to buy on the secondary market and wants an older unit with a clearer view of the surroundings and the neighbors. Anyone who wants the latest finishes should check the handover specifications closely.

Tips Before Reserving at The Canyon

• Check the actual delivery and finishing status of the unit you have in mind, because it may vary between fully finished and semi-finished.
• Ask for the handover certificate or handover record for delivered units and the status of the facilities.
• Compare the unit’s price per sqm with similar units on the secondary market inside the project.
• Ask about maintenance fees, the owners’ association and monthly charges.
• Inspect the phase you would live in and how close it is to the lakes and services.

How Reservation Works With Us

Once you contact us on WhatsApp, we work out your budget and the type of unit you need, then send you the list of available units in The Canyon and other projects in the area with current prices and payment plans. After you choose, we arrange the viewing or the meeting with the developer, review the contract, annexes and schedule with you before any payment, and follow the reservation through to handover. Our service costs you no extra fees, and final prices and dates remain as the developer confirms them at the time of reservation.

Why Buy Through West Capital

• We look for the right unit in the phase you want, whether from the developer or the secondary market.
• We explain the inconsistencies in finishing and delivery date by phase before you pay.
• We compare The Canyon with Mostakbal City and Fifth Settlement compounds on size and price per sqm.
• We follow the reservation and contracting through to handover at no extra fee.

For more, browse Mostakbal City projects, learn about Maxim Developments, and compare with The Wonder Marq, Hap Town and The Valleys. You can also read about the compounds in Fifth Settlement and New Cairo.

Frequently Asked Questions About The Canyon Mostakbal City

Where is The Canyon compound?

In Mostakbal City (Fifth Settlement) near Madinaty, about 15 minutes by car from the American University, close to Road 90, the Suez Road, the Ain Sokhna Road and the Mohamed Bin Zayed Axis (October 2026).

What is the project area?

The project covers 200 feddans, of which about 82% is green areas, lakes and services and 18% is residential units.

What are the starting prices at The Canyon?

Prices start from EGP 6.6 million, and the average price per sqm is about EGP 78,000.

What are the payment plans?

A 5% down payment with 7 years of interest-free installments, or a 10% down payment with 8 years. A 5% down payment with up to 8 years was quoted in the past.

What unit types and sizes are available?

Studios from 45 sqm, apartments, duplexes, town houses and villas up to 450 sqm. Phase one is villas and town houses from 130 to 450 sqm, and phase three is apartments and studios from 45 to 200 sqm.

What is the delivery and finishing status?

Delivery of the units was scheduled for early 2022, and no updated date has been announced. The units are fully finished in the current description, while the older description said semi-finished, so we confirm the status of the unit before you reserve.

Ask about what’s available now on WhatsApp