Canal Walk Island in El Sheikh Zayed by Arkan Palm Development - Apartments and Duplexes for Sale
El Sheikh Zayed, Egypt
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16 unitsOverview of Canal Walk Island El Sheikh Zayed
Canal Walk Island El Sheikh Zayed Compound
Canal Walk Island is a waterfront residential development for sale in El Sheikh Zayed, built by Arkan Palm Development as a phase of 205 Sheikh Zayed Compound. Its centrepiece is a canal of two kilometres modelled on the waterways of Venice and Amsterdam, and the homes are arranged around that water so the canal carries through the view from the apartment or the duplex. Apartments, duplexes and penthouses make up the residential mix, and each home is handed over with a balcony and a panoramic view over the island setting.
Canal Walk Island El Sheikh Zayed Location
Canal Walk Island occupies a site in the heart of El Sheikh Zayed City, close to Nile University, Mehwar Hospital and El-Morshedy Mall, and it is reached through the 26th of July Corridor, the Alexandria Desert Road and Waslet Dahshour Road. Nile University stands about 0.9 km away, Mehwar Hospital and El-Morshedy Mall about 1 km each, and Sphinx International Airport 14.3 km from the project. Galleria 40 sits minutes away, which keeps retail and dining within a short drive of the island.
Canal Walk Island El Sheikh Zayed Master Plan & Design
The master plan spreads across 240,000 m² and places the residential buildings around the waterfront, so the canal forms the spine of the community rather than a feature at its outer limit. Along that water sit retail units with local and international fashion boutiques together with dining venues, which gives residents a reason to stay inside the project in the evening. Homes come with central AC, kitchen cabinets and a balcony, and the penthouses take the upper levels for the widest outlook over the canal. Waterfront frontage reaches the homes on both sides of the canal, so the water becomes part of the ordinary outlook from an apartment or a duplex.
Canal Walk Island El Sheikh Zayed Amenities & Facilities
Residents have a gym, an indoor pool, a playroom, a kids' room and a cinema inside the development, and those facilities sit alongside a comprehensive security system with CCTV, maintenance, gardening and concierge services. The waterfront walk ties the shared facilities together, and the security cover extends 24/7 across the island. The retail frontage puts boutiques and restaurants within the same walk as the homes. Nile University and the hospital keep the day-to-day needs of a household close at hand.
Canal Walk Island El Sheikh Zayed Developer & Delivery
Canal Walk Island is developed by Arkan Palm Development, whose portfolio also includes Nexus, 205 Towers, The Quad, Waterfront Residence and One 33. The developer's own work stands behind the master plan here, and the residential offer runs from apartments and duplexes to penthouses beside the retail units and the clinics inside the project. Delivery is scheduled for July 2028.
Explore more: 205 TowersNexusThe QuadWaterfront Residence
Units available in Canal Walk Island El Sheikh Zayed
39 of 39 units available in Canal Walk Island. Reserve one online in a few minutes.
Showing 1–20 of 39
- A11-00-01EGP 31,371,720
- Area
- 2 m²
- Type
- Garden
- Floor
- Ground
- A11-00-02EGP 39,479,448
- Area
- 3 m²
- Type
- Garden
- Floor
- Ground
- A11-00-03EGP 39,479,448
- Area
- 3 m²
- Type
- Garden
- Floor
- Ground
- A11-00-04EGP 31,496,270
- Area
- 2 m²
- Type
- Garden
- Floor
- Ground
- A12-03-08EGP 21,789,000
- Area
- 1 m²
- Type
- Typical
- Floor
- 3
- A12-04-08EGP 21,999,000
- Area
- 1 m²
- Type
- Typical
- Floor
- 4
- A12-05-01EGP 31,496,730
- Area
- 2 m²
- Type
- Typical
- Floor
- 5
- A12-05-02EGP 18,756,350
- Area
- 1 m²
- Type
- Typical
- Floor
- 5
- A12-05-04EGP 22,112,750
- Area
- 1 m²
- Type
- Typical
- Floor
- 5
- A12-05-05EGP 20,730,700
- Area
- 1 m²
- Type
- Typical
- Floor
- 5
- A12-05-06EGP 19,097,370
- Area
- 1 m²
- Type
- Typical
- Floor
- 5
- A12-05-07EGP 31,496,730
- Area
- 2 m²
- Type
- Typical
- Floor
- 5
- A12-05-08EGP 21,879,420
- Area
- 1 m²
- Type
- Typical
- Floor
- 5
- A8-02-03EGP 41,301,980
- Area
- 3 m²
- Type
- Typical
- Floor
- 2
- A8-03-02EGP 41,700,280
- Area
- 3 m²
- Type
- Typical
- Floor
- 3
- A8-05-03EGP 42,662,848
- Area
- 3 m²
- Type
- Typical
- Floor
- 5
- A9-02-03EGP 40,643,032
- Area
- 3 m²
- Type
- Typical
- Floor
- 2
- A9-03-02EGP 41,045,432
- Area
- 3 m²
- Type
- Typical
- Floor
- 3
- A9-04-02EGP 41,612,320
- Area
- 3 m²
- Type
- Typical
- Floor
- 4
- H7-01-08EGP 40,556,800
- Area
- 3 m²
- Type
- Typical
- Outdoor area
- 9 m²
- Floor
- 1
Developer
Arkan Palm Development
Delivery
2028
Est. growth
~20%/yr
Rental yield
~8%
Growth, yield and return figures are estimates from current market data. They are not a guarantee of future performance and not investment advice.
Canal Walk Island El Sheikh Zayed facilities
Canal Walk Island El Sheikh Zayed master plan
How Canal Walk Island is laid out: the zones, the roads through it, and where each unit type sits.

Canal Walk Island El Sheikh Zayed prices by unit type
The prices below are for the 16 units currently listed in Canal Walk Island, across 3 unit types. The metre price is the lowest asking price per built m² within each type, and the terms are the lightest deposit and longest instalment offered on any unit of that type.
| Unit type | Units | Bedrooms | Size | Price per m² | Price | Payment terms | Delivery |
|---|---|---|---|---|---|---|---|
| Apartment | 10 | 1–3 | 115–252 m² | EGP 161,282 | EGP 20,332,000 – EGP 40,643,032 | 5% down over 8 years | 2028 |
| Duplex | 4 | 3 | 233–379 m² | EGP 165,507 | EGP 38,602,592 – EGP 67,900,784 | 5% down over 8 years | 2028 |
| Penthouse | 2 | 3–5 | 305–455 m² | EGP 177,250 | EGP 54,643,112 – EGP 80,648,896 | 5% down over 8 years | 2028 |
Canal Walk Island has 10 Apartments for sale, sized from 115 to 252 m² with 1 to 3 bedrooms, priced from EGP 20,332,000 to EGP 40,643,032 (EGP 161,282 per m²), on 5% down over 8 years, with delivery in 2028.
Canal Walk Island has 4 Duplexes for sale, sized from 233 to 379 m², priced from EGP 38,602,592 to EGP 67,900,784 (EGP 165,507 per m²), on 5% down over 8 years, with delivery in 2028.
Canal Walk Island has 2 Penthouses for sale, sized from 305 to 455 m² with 3 to 5 bedrooms, priced from EGP 54,643,112 to EGP 80,648,896 (EGP 177,250 per m²), on 5% down over 8 years, with delivery in 2028.
Price history
The median asking price per built metre here, at the end of each month, from units listed with us.
EGP 177,025/m² in Oct 2026, EGP 177,025/m² in Nov 2026: 0%.
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Canal Walk Island El Sheikh Zayed: frequently asked questions
Where is Canal Walk Island located?
Canal Walk Island is in the heart of El Sheikh Zayed City, reached through the 26th of July Corridor, the Alexandria Desert Road and Waslet Dahshour Road.
What unit types are available at Canal Walk Island?
The residential offer runs across apartments, duplexes and penthouses, and the project also holds retail units, offices and clinics.
What is the waterfront at Canal Walk Island?
The centrepiece of the project is a canal of two kilometres modelled on the waterways of Venice and Amsterdam, and the homes are arranged around it.
What amenities does Canal Walk Island have?
Residents have a gym, an indoor pool, a playroom, a kids' room and a cinema, supported by a security system with CCTV, maintenance, gardening and concierge services.
How close is Canal Walk Island to Nile University?
Nile University is about 0.9 km from the project, and Mehwar Hospital and El-Morshedy Mall are around 1 km each.
Who develops Canal Walk Island?
The developer is Arkan Palm Development, whose portfolio also includes Nexus, 205 Towers, The Quad and Waterfront Residence.
When is delivery at Canal Walk Island?
Delivery is scheduled for July 2028, which gives buyers time to plan the move before handover.
How far is Canal Walk Island from Sphinx International Airport?
Sphinx International Airport is about 14.3 km from the project, and Galleria 40 sits minutes away by car.
What are the features of Canal Walk Island?
Canal Walk Island is in El Sheikh Zayed, 900 m from Nile University. It has a gym, restaurants and cafés and medical services. It offers penthouses, apartments and duplexes.
What are the unit sizes in Canal Walk Island?
Available units in Canal Walk Island: penthouses from 305 to 455 m², apartments from 115 to 252 m² and duplexes from 233 to 379 m².
Places near Canal Walk Island El Sheikh Zayed
- Nile University1 km
- Mehwar Hospital1 km
- El-Morshedy Mall1 km
- Sphinx International Airport14 km
Canal Walk Island El Sheikh Zayed location map
Canal Walk Island is in El Sheikh Zayed, Egypt.
Around Canal Walk Island El Sheikh Zayed
Mapped within 5 km.
16 schools
Nearest: National Training Academy, 1 km
6 universities
Nearest: Nile University, 1 km
14 hospitals
Nearest: Mehwar Hospital, 1 km
35 malls
Nearest: Galleria40, 1 km
3 pharmacies
Nearest: Dr M pharmacy, 3 km
Driving times from Canal Walk Island
- Mall of Arabia9 min · 7 km
- October 6 University12 min · 10 km
- El Hosary Square13 min · 11 km
- Smart Village19 min · 17 km
- Sphinx Airport25 min · 19 km
Driving times without traffic.
Places and roads © OpenStreetMap contributors. The map may miss some places.
About El Sheikh Zayed
Overview El Sheikh Zayed is the established western district of Greater Cairo, and unlike the newer cities beside it, its compound market grew inside a working city with schools, hospitals, clubs and a resident population already in place.
Everything in El Sheikh Zayed →Canal Walk Island El Sheikh Zayed developer
Arkan Palm Development
Arkan Palm Development lists 5 compounds on AhlanHomes, led by Canal Walk Island in El Sheikh Zayed and Nexus, alongside The Quad, Waterfront Residence.
View all projects by Arkan Palm DevelopmentOther projects by Arkan Palm Development



