You're right that 45m puts of out of range of most divers, but it is definitely still a doable dive with decent divers on twins and a deco stage.
The visibility in the photo looks decent for a silty bottom, I wonder what the current is like since it is in the Nile.
I am also curious about what caused it to become submerged in 45m of water 1500 years ago.
I remember being hooked on the wall and seeing my bubbles descending behind me. That dive felt more like mountain climbing than diving.
One of the divers in my group was already in a mild state of panic and I didn't want to chance them letting go of the wall and descending another 10m.
I had a plan to deal with the current, but oxygen toxicity is another thing entirely.