Areeka is very good. I bought a lovely coffee table from there for 350 LE.
I think their bedroom furniture is expensive though. Our entire bedroom set, king size bed, two bedside tables, sliding door wardrobe, dressing table and chest of draws cost just over 9,000 in total. It is German quality so therefore the drawers really do run straight, the doors haven't yet fallen out or off the wardrobe.

There is also another new one, if you are coming from Sekalla towards the airport, before the Nile Hospital there is a road off to the right, it eventually takes you to El Gouna. About 2 km along that road there is a brand new furniture shop on the right hand corner. I haven't been in yet but will go this week-end and check them out.

Areeka by the way have some absolutely gorgeous leather suites approx 7,000 LE.