Hmm... first off, the price makes up for everything. However, you shouldn't expect too much for this price.
The location is slightly outside the bustling center of Luxor, in a neighborhood frequented by locals. There is a small supermarket nearby, so it was convenient to buy water and snacks.
The room was decent enough to sleep in, and I didn't see any bugs. However, it was very old and not particularly well-cleaned.
The only good thing was the swimming pool. It is wide and has varying depths, and perhaps because there weren't many guests, I was able to swim to my heart's content all by myself for an hour. I think the place could be much better if they just maintained the pool well and kept the rooms a bit cleaner.
P.S. The check-in process wasn't smooth. I had already paid on Trip.com, but they told me I had to pay again locally. It seems their internet system isn't very reliable.
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