Featured Listing
Ovid Gellan Gurra City
60,000-home new city at Bole Bulbula, Addis Ababa
About the project
Ovid Gellan Gurra City is a sustainable new-city project developed by Ovid Real Estate (Ovid Group) at Bole Bulbula / Gelan Gura, on the southern edge of Addis Ababa. The scheme plans 60,000 homes within a wider 100,000-unit development and operates under Addis Ababa City Administration's 70/30 public-private partnership: the developer funds and builds 70% of homes for sale and hands 30% to the government for low-income households. Housing is organised into three apartment ranges: Standard (4,860 units, G+12; 1BR 41.82 sqm, 2BR 69.31 sqm, 3BR 91.17 sqm), Deluxe (640 units, G+8; 1BR 64.58 sqm, 2BR 109.62 sqm, 3BR 142.24 sqm) and Premium (600 units, G+25; 2BR 160.41 sqm, 3BR 180.67 sqm), plus townhouses. Parking ratios range from 1:1 to 2:1 by range. Published prices run from around 2.94 million birr (standard unit) to 5.9 million birr, with a 10% down payment and instalments over roughly two years tied to construction progress. Announced amenities include fitness centres, swimming pools, retail, schools, healthcare, worship spaces, sports facilities, markets and green spaces.
- 60,000 homes within a 100,000-unit scheme
- Standard (G+12), Deluxe (G+8) and Premium (G+25) ranges
- 1-3 bedroom apartments and townhouses
- 70/30 PPP with Addis Ababa City Administration
- Prices ~2.94-5.9M birr, 10% down payment
- Pools, fitness, schools, healthcare, retail, green spaces
Available unit types
Unit types & pricing
| Type | Beds | Size | From |
|---|---|---|---|
| Apartment | 1 | 41.82 m² | — |
| Apartment | 2 | 69.31 m² | — |
| Apartment | 3 | 91.17 m² | — |
| Apartment | 3 | 180.67 m² | — |
Amenities & features
Project phases
- Standard Apartments
- Deluxe Apartments
- Premium Apartments
Location & surroundings
Bole Bulbula / Gelan Gura, Djibouti Street, Addis Ababa, Ethiopia
Bole Bulbula / Gelan Gura is an expansion area south of Addis Ababa, rapidly urbanising with large residential projects.
More projects by Ovid Real Estate
The real-estate platform to buy, sell and rent.
