12:55 | 05-09-2026
If you are searching for New Smouha apartment prices in 2026, choosing the lowest advertised price should not be your only priority. A successful property purchase depends on several factors, including the project’s location, unit size, layout, amenities, finishing specifications, delivery date, and payment plan.
New Smouha has become one of Alexandria’s most attractive residential and investment destinations. Its accessibility, proximity to major roads, and growing range of educational, medical, commercial, and recreational services continue to support demand for modern residential developments.
Tasheed Real Estate Development offers a selection of projects in Smouha and Muruj Green City, with different unit sizes, facilities, and property types for buyers seeking a new home or a long-term real estate investment.
Publicly available market indicators and property listings in 2026 show significant differences in apartment prices across New Smouha and Muruj.
The indicative price per square metre in several developments and listings ranges from approximately EGP 31,000 to EGP 47,000. However, the actual price may be higher or lower depending on the project, unit size, floor, view, finishing level, delivery date, and availability.
Based on this indicative market range, a 120-square-metre apartment may start at approximately EGP 3.7 million and reach around EGP 5.6 million. A 150-square-metre apartment may range from nearly EGP 4.6 million to EGP 7 million.
Larger apartments of around 180 square metres may have an indicative value between EGP 5.5 million and EGP 8.4 million. Units of approximately 220 square metres may exceed EGP 10 million in certain projects or premium locations.
These figures are market estimates, not an official Tasheed price list or a binding sales offer. Apartment prices change according to availability, sales phase, down payment, and payment period. Buyers should always request an updated quotation before making a reservation.
Do you already have a preferred budget or unit size? Contact Tasheed’s sales team to receive the latest availability, prices, and payment options.
Two apartments with the same size can have different prices. The cost per square metre is only one part of the total property value.
Projects located near major roads, commercial destinations, schools, hospitals, and transportation links may command higher prices. Units with open views, better orientation, or a more desirable position within the development may also have a higher value.
The main factors affecting apartment prices include:
The project’s location and accessibility.
Apartment size and internal layout.
Floor, orientation, and view.
Finishing specifications.
Expected delivery date.
Amenities available within the development.
Parking facilities, lifts, and security systems.
Down payment and instalment period.
The current sales phase.
The developer’s experience and construction quality.
A higher-priced apartment may provide better long-term value if it offers a practical layout, a stronger location, flexible payment terms, or better resale and rental potential.
New Smouha is no longer considered only an extension of the traditional Smouha district. It has developed into an important destination for modern residential communities in Alexandria.
The area offers a balance between accessibility, organised planning, and a quieter residential environment. This combination appeals to families who want to remain connected to Alexandria’s essential services while enjoying greater privacy and better-planned surroundings.
Key advantages include:
Modern architectural designs.
Landscaped and open spaces.
Organised entrances and parking facilities.
Greater security and privacy.
Proximity to schools and hospitals.
Commercial and recreational services.
A variety of apartment sizes.
Flexible purchasing and payment options.
Smouha consistently ranks among Alexandria’s most prestigious residential areas, particularly for families looking for a central location supported by established services and modern developments.
The portfolio of Tasheed projects in Alexandria includes several residential opportunities in Smouha and Muruj. Each project offers a different combination of unit sizes, facilities, views, and investment potential.
Muruj Icon is located alongside the 40-metre-wide Hilton Street and combines residential, administrative, and commercial properties within one mixed-use development.
Unit sizes range from approximately 140 to 350 square metres, providing suitable options for buyers seeking medium-sized or spacious family apartments.
The development includes a clubhouse, gym, landscaped garden, parking facilities, and separate entrances for the residential and commercial sections. Its active location and integrated design make it attractive to both homeowners and long-term investors.
Muruj Icon may be the right choice if you want a residential unit within a mixed-use destination offering daily services and business opportunities nearby.
UPark enjoys a prime position directly in front of the sports club within Muruj Green City.
Its unit sizes start from approximately 125 square metres and reach up to 479 square metres, providing a wide selection for couples, families, and buyers looking for larger homes.
UPark includes a swimming pool, clubhouse, gym, children’s area, landscaped plaza, roof garden, and extensive parking facilities. Its location offers residents attractive views and convenient access to the surrounding amenities.
The project is particularly suitable for buyers who prioritise spacious apartments, recreational facilities, and a modern community lifestyle.
Saluga consists of several phases, including Platform, Lake Yard, and Club Yard. This gives buyers a broader choice of locations, unit sizes, and residential settings within the development.
Some residential units start from approximately 113 square metres, while larger apartments are available for families requiring more living space.
Saluga combines residential buildings with administrative, commercial, and community facilities. Its different phases allow buyers to compare several options according to their preferred layout, budget, view, and intended use.
The project may appeal to buyers looking for a home within an integrated community or a property with potential for rental and future resale.
The best project is the one that matches your actual needs and financial plan.
Muruj Icon may be suitable if you want a unit in an active mixed-use development with residential, administrative, and commercial components. UPark may be a stronger match if your priorities include larger spaces, open views, and recreational facilities.
Saluga provides greater variety across its different phases and unit sizes, making it easier to compare several residential options within the same development.
Before paying a reservation fee, ask the sales team to confirm:
The currently available unit sizes.
The price per square metre and total price.
The required down payment.
Instalment values and payment dates.
The full payment period.
The expected delivery date.
Finishing specifications.
Maintenance and parking fees.
The unit’s location, floor, and view.
Contract, cancellation, and resale conditions.
These details reveal the property’s real total cost and help you avoid choosing an offer based only on a low advertised down payment.
A cash purchase may be suitable for buyers who have sufficient liquidity and want to reduce the total property cost, particularly when a clear cash discount is available.
An instalment plan allows you to secure a unit without paying the entire amount at once. However, buyers must calculate the final price after all instalments, scheduled payments, maintenance fees, and other charges.
When comparing payment plans, review the down payment, quarterly or annual payments, first instalment date, repayment period, late-payment conditions, and early-settlement policy.
The wider selection of new residential projects in Alexandria also shows why buyers should compare the complete offer—location, services, unit specifications, and payment structure—not just the initial payment.
New Smouha offers several factors that may support long-term residential and investment demand, including accessibility, established services, modern developments, and a growing range of community facilities.
However, a profitable investment depends on the individual property, not simply the area’s name.
A unit may have stronger investment potential when it offers a commonly requested size, a practical layout, a desirable view, reliable construction quality, and a competitive price during the current sales phase.
Investors should also consider expected rental demand, future resale potential, delivery timing, and the total amount paid across the payment period. Tasheed’s guide to real estate investment opportunities in Alexandria provides a broader view of the factors that can influence long-term property value.
New Smouha apartment prices in 2026 change according to availability, sales phases, unit specifications, and payment plans. A price published several months ago may no longer apply to the same unit.
Start by exploring the available real estate opportunities in Alexandria, then define your preferred location, unit size, budget, and repayment period.
Do not make your buying decision based on outdated listings. Contact Tasheed today to request the latest price list, available apartment sizes, and payment plans, and receive a recommendation based on your budget and purchasing objective.
The indicative price in several listings and developments ranges from approximately EGP 31,000 to EGP 47,000 per square metre. The actual price depends on the project, unit size, floor, view, finishing level, and delivery date.
Some units in Saluga start from approximately 113 square metres. UPark offers units starting from around 125 square metres, while Muruj Icon unit sizes start from approximately 140 square metres.