Al Karma logo

Al Karma

4 projectsSheikh ZayedNew Sphinx City
New launch
Al Karma logoLamanga

Apartments launch

10% down payment, the rest over 10 years

Equal installments · no extra payments

1 bedroomfrom 70 m²Starting fromEGP 3.5M
2 bedroomsfrom 108 m²Starting fromEGP 5M
3 bedroomsfrom 137 m²Starting fromEGP 6.5M

Book with a fully refundable EGP 100,000 cheque

About the developer

Al Karma Developments has been in the Egyptian real-estate market since 1995, specialising in family single homes. It was founded by Eng. Ahmed Abou Hussein.

Its projects: Al Karma 1 (1996), Al Karma 2 (2004), Al Karma Heights (2005), Al Karma Residence (2007), Al Karma 4 (2008), Mazar Mall (2012), Gates (2020), Novella (2021), Kay (2022), Vaha (2024) and Lamanga (2026).

All its earlier projects, from Al Karma 1 to Gates, are fully sold and inhabited; Gates was delivered in 2024.

Its projects are in Sheikh Zayed, New Zayed and New Sphinx City — all boutique compounds with low built-up ratios and wide green spaces.

Other projects by the developer: AlKarma Gates · Al Karma 1 · Al Karma 2 · Al Karma Heights · Al Karma Residence · Al Karma 4 · Mazar Mall (all fully sold)

Best offers

  • Kay: 30% cash discount, or 5% + 5% after 3 months with 8-year installments.
  • Vaha: 32.7% cash discount, or 5% + 5% after 3 months with 8-year installments.
  • Lamanga: 35% cash discount, or 10% down payment with 10-year installments.
  • Novella: 28% cash discount, or 10% + 5% after 3 months with 6-year installments.

Offers change often; your advisor will confirm what's currently available.

All Al Karma projects with Enwank

Al Karma has 4 projects with Enwank in Sheikh Zayed, New Sphinx City (Residential). Based on the published payment plans: lowest down payment 10% and longest installment period 10 years.

  • Kay — Sheikh Zayed · Apartments · 2 and 4 years · 5% + 5% after 3 months, 8-year installments
  • Vaha — Sheikh Zayed · Villas and townhouses · Delivery 2029 · 5% + 5% after 3 months, 8-year installments
  • Lamanga — New Sphinx City · Townhouses, twin houses and villas · Delivery 2032 · 10% down, 10-year installments (quarterly)
  • Novella — Sheikh Zayed · Single-floor villas · Delivery 2026 · 10% + 5% after 3 months, 6-year installments (quarterly)

Photos from Al Karma projects

Al Karma projects

Kay

Sheikh Zayed · Apartments

An apartments-only boutique compound in the heart of Sheikh Zayed, made of two clusters with a large pool between them; all apartments are fully finished with ACs.

2 and 4 years5% + 5% after 3 months, 8-year installments
Full project details

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