5-bedroom Penthouse for sale in Canal Walk Island, El Sheikh Zayed
Ref. N-129356
In Canal Walk Island · El Sheikh Zayed, Egypt
Arkan Palm DevelopmentAbout this unit
For sale in Canal Walk Island, El Sheikh Zayed: a 5-bedroom penthouse. The price is EGP 80,648,896, about EGP 177,250 for every square metre. The handover condition is fully finished. The developer expects to hand over in 2028. The plan asks 5% up front, with 8 years to settle the rest. Nile University is 900 m away. Built by Arkan Palm Development, Canal Walk Island sits in El Sheikh Zayed. Ahlan Homes has the floor plan, the latest prices and the other units this size in Canal Walk Island.
Space and layout
This penthouse measures 455 m² with 5 bedrooms.
The 2 penthouses listed in Canal Walk Island range from 305 to 455 m²; this one is among the largest.
Finishing and handover in Canal Walk Island
Finishing: Fully finished. Handover: 2028.
Canal Walk Island developer
Canal Walk Island is developed by Arkan Palm Development. The developer's page lists its other compounds, their prices and payment plans.
Unit specifications
| Unit type | Penthouse |
|---|---|
| Compound | Canal Walk Island |
| Location | El Sheikh Zayed, Egypt |
| Developer | Arkan Palm Development |
| Sold by | The developer |
| Bedrooms | 5 |
| Area | 455 m² |
| Price per m² | EGP 177,250 |
| Delivery | 2028 |
| Price | EGP 80,648,896 |
| Down payment | 5% down (EGP 4,032,445) |
| Instalment | EGP 798,088 per month over 8 years |
| Finishing | Fully finished |
| Reference | N-129356 |
Explore more units in Canal Walk Island
Unit overview
Bedrooms
5
Area
455 m²
Price per m²
EGP 177,250
Delivery
2028
Before you decide
What sets this unit apart
- The largest penthouse in the compound, of 2
Price and payment plan
EGP 80,648,896
The price is EGP 80,648,896 (about EGP 177,250 per m²), with 5% down and the balance over 8 years.
Prices of penthouses in Canal Walk Island run from EGP 54,643,112 to EGP 80,648,896.
To work out a monthly instalment with your own down payment and term, use the instalment calculator.
Payment plan
Try your own plan
- Down payment
- EGP 4,032,445
- Instalment
- EGP 798,088 per month
- Number of instalments
- 96
- Total price
- EGP 80,648,896
A calculation to compare plans, not an offer — the developer's plan sets the final figures.
Open the full calculatorCanal Walk Island location
The unit is in Canal Walk Island, in El Sheikh Zayed.
The nearest landmarks to Canal Walk Island: Nile University (0.9 km), Mehwar Hospital (1 km), El-Morshedy Mall (1 km).
See the drive to the main destinations below the map.
Penthouse 5 Bedroom in Canal Walk Island
EGP 80,648,896
Around Canal Walk Island
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.
Penthouses in Canal Walk Island
The penthouses in Canal Walk Island occupy the top floors of the buildings, with three to five bedrooms and areas from 305 to 455 m², all delivered fully finished. Each one opens onto a roof terrace with a panoramic view, and the units come with central air conditioning, a balcony and fitted kitchen cabinets. The compound is in El Sheikh Zayed and is developed by Arkan Palm Development, with delivery planned for 2028 and security around the clock. Daily needs are close: Nile University is 0.9 km away, Mehwar Hospital and El-Morshedy Mall are each 1 km away, and Sphinx International Airport is 14.3 km away. Canal Walk Island also includes apartments and duplexes.
About Canal Walk Island
Overview 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.
Units in Canal Walk Island start from 5% down, spread over up to 8 years.
About the 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 the developer →Questions about this penthouse
How much is this penthouse in Canal Walk Island?
The asking price is EGP 80,648,896 — EGP 177,250 per square metre over 455 m².
What is the down payment, and over how many years are the instalments?
A 5% down payment, with the balance in instalments over 8 years.
When is it handed over?
Handover is scheduled for 2028.
How big is it, and how many rooms does it have?
It measures 455 m², with 5 bedrooms.
What finish is it delivered with?
It is delivered fully finished.
Where is Canal Walk Island?
Canal Walk Island is in El Sheikh Zayed, developed by Arkan Palm Development. It is 900 m from Nile University.
Who is selling this penthouse?
Arkan Palm Development, directly — at the developer's own price and payment plan.

