Frequently Asked Questions

About Nawy Shares

Nawy Shares is a digital platform where you can start investing in real estate for a fraction of the price and reap the high returns of an asset class that is beloved by Egyptians.

Nawy Shares is an exclusive benefit for the Nawy family for now. We have not officially launched yet but you are getting priority access!

Our first product allows you to buy shares starting from 5% in off-plan units. We target units at new project launches in order to secure the best price and maximize your returns.

We have a number of products in the pipeline but if you have an idea you think we should focus on, shoot us an email at shares@nawy.com. We would love to hear from you.

Account

To keep your investments safe. The PIN code is to ensure only you have access to your portfolio and your wallet.

Investing

We select the units that we believe have the highest potential for capital appreciation based on analysis that covers aspects such as the location, the developer’s past performance, the project’s plan, the unit type, the relative price when compared to similar units, the historical performance of similar units, and the perceived ease of exit.

We’re also open to suggestions. Have a unit you think is a great investment, let us know!

It only takes a couple of minutes for you to create an account, select the number of shares you want, and pay the fully-refundable Expression of Interest (EOI). Once the unit is confirmed with the developer, the following will happen:

  1. You will be prompted to confirm your interest.
  2. After the confirmation, a reservation form will be delivered to your door for you to sign & keep a copy. (The EOI will be no longer refundable after signing the reservation form)
  3. Then, once we receive the contract from the developer, we will send you the ownership contract. Please note that the contract overrides the reservation form.

ROI stands for Return on Investment. It means how many pounds you gained for each pound invested. For example, if you invested EGP 100k and exited with 150k then your ROI is 50% as you returned 50k on an investment of 100k.

In Nawy Shares, the ROI is calculated on the amount invested i.e. the amount you paid after the deduction of any and all of fees.

The minimum you can invest in is 1 share. Each share represents ownership of 5% in the selected unit. Therefore, the price of a share is not fixed and changes from one unit to the next.

There is no maximum to how many shares you can invest in with Nawy Shares. However, per unit, you can only purchase a maximum of 3 shares. This is to ensure that everyone gets an opportunity to invest. It also helps us protect the rights of all shareholders.

We start actively attempting to exit the investment in 2 conditions (whichever comes first):

  1. The market data suggest an ROI of 80% on the invested amount (net of the admin fees and prior to the exit fee).
  2. The unit is delivered by the developer.

We believe these 2 conditions ensure that you get the highest return possible.

You will receive a reservation form confirming the purchase of a share when you confirm the final details of the unit. You will then receive the sale contract once we receive the contract from the developer. Both documents will be delivered to your doorstep for you to sign and keep a copy.

Fees & Charges

Nawy charges 3 fees:

At entry

1% of the share value to be paid with the down payment(s). This fee covers the costs of creating an escrow account for the investment and establishing the legal framework that ensures every shareholder’s rights are protected.

With every payment

3% of the payment value. This fee covers the cost of collecting money and other administrative costs.

At exit

5% of the unit resale price. This fee covers the resale brokerage fee (2.5%) and our profit (2.5%).

In case you miss a payment, a daily penalty of EGP 50 per share is applied for every day of delay. If a payment is late by one calendar month, it is considered a missed payment. Missed payments are still due. But be careful, 3 consecutive missed payments or 6 non-consecutive missed payments within 12 months and your contract will be nullified and the share revoked by Nawy. ِIn case that happens, a penalty equivalent to the down payment paid will be deducted from your balance. The remainder of your money will be paid back in monthly installments of the same amount as the original installment.

This is to ensure that no shareholder can negatively impact their peers by failing to pay on time.

Legalities and Regulations

We need to check your ID for 2 reasons:

  1. To ensure that it is valid - otherwise, your investment would be nullified and the contract void.
  2. To create the contract(s) for you.

Our legal framework was created with the help of one of the largest law firms in the world, White & Case. We ensured that the framework will not only protect your investments, it will also help you maximize your returns.