What an Apartment in Shamal El Rehab Really Costs: From Semi-Finished to Key in Hand

The apartment price in the advert is not the sum you'll pay, and in Shamal El Rehab especially, because the overwhelming majority of units are handed over semi-finished. This article builds the full calculation with you, line by line: from the unit price to parking to finishing to contract costs, so you arrive at the real figure you need ready before you sign, and aren't ambushed afterward by money you hadn't counted on.

Line one: the unit itself

From actual sales lists (April 2026): semi-finished apartments in Shamal El Rehab run from 2.58 million (roughly 130 sqm in an emerging neighborhood) to 6.09 million (210 sqm on a prime plot). Full detail by neighborhood and plot in the price per sqm table. For the calculation that follows we'll work from a realistic example: a 140 sqm apartment at 3.5 million.

Line two: parking and storage, the line everyone forgets

Across most of the lists we examined, parking and storage are priced separately from the apartment, at a common recorded figure of around EGP 180,000. Some sellers fold it into the advertised price and some don't, and that's where most of the misunderstanding in negotiations happens. The rule: ask outright, "does this price include parking and storage?" and get the answer in writing.

Line three: finishing, the largest figure after the apartment

Here we need to be straight with you: finishing prices move quickly and nobody can give you a guaranteed figure for months ahead. What we can give you is the common market ranges at the time of writing, on the basis that you run the numbers yourself:

These ranges are estimates and shift with material prices at the moment of execution. Treat them as a compass, not a contract. The one constant: mid-range finishing eats the equivalent of 40-60% of the price of a semi-finished apartment in this bracket, and that has to be counted from day one, not left to "we'll see later".

Line four: contract and utility costs

Add to your budget: notarisation and registration fees (which vary with the registration route and the contract value), a maintenance deposit if your project has one, and connecting and activating utilities (electricity, water and gas meters). These are smaller than the lines above, but they all land in the same period. Keep a reasonable side budget ready rather than letting them hold up your handover.

The full calculation: the example in figures

So the apartment "priced at 3.5 million" costs roughly 5.5 million fully ready to live in, about 57% higher. That figure isn't meant to alarm you, it's meant to let you plan: whoever knows it early negotiates better, spreads their cash properly across the payment plan (usually 30% down with instalments over four years), and starts finishing without stalling halfway.

Three tips that save real money

1) Don't finish immediately if you're not moving in immediately. If your purchase is an investment and the area around you is still building sites, your finishing will sit for years collecting dust. Many investors defer finishing until completion is close. 2) Coordinate finishing with your neighbors. If owners in your building are finishing in the same period, contracting a builder collectively saves a noticeable amount. 3) Inspect the contractor's work in a real unit, not in WhatsApp photos. That's the golden rule across the entire finishing market.

Carry on from here

Now that you have the real figure, your next step is our pre-contract guide, to protect that figure in the written clauses, or go back to the neighborhoods guide if you're still deciding where. Current listings and their prices are always on the projects page.