18 Real Estate Developments in Cairo for 2019

Location: Villette is in the heart of New Cairo, to the east of downtown Cairo. Strategically located off of Road 90, it is close enough to the hustle and bustle of Eastown and other New Cairo attractions, yet far enough from them to give the relaxation and rejuvenation of being in a serene suburb.

Available units: Villette offers apartments and duplexes starting from 138 m2.

Attractive features: Amenities at Villette include Olympia Sports and Activity Hub, The Scene Community Theatre Park, Aura Meditative Park, The Hive Social and Entertainment Park, Villette Clubhouse and SODIC Sports Club.

Finishing specifications: Units come fully finished.

Payment plans & facilities: Deposit of 5% and payment plans up to 8 years.

Delivery date: Villette Phase I has already started delivery while Villette Privé will start delivery in 2022.

Location: Building on the success of SODIC West, SODIC has embarked on creating a mixed-use destination in the east of Cairo that truly exemplifies the essence of connectedness, innovation and adventure. Located between two of Cairo’s main throughways, the Cairo- Suez Road, and the Cairo Ismailia Road, SODIC East will be connected to downtown Cairo as well as the new administrative capital.

Available units: Currently, villas, townhouses and twin houses.

Attractive features: SODIC East is home to The Villette Clubhouse, a camping park, an adventure park, multiple social nodes and of course a SODIC Sports Club.

Finishing specifications: Currently all available units are offered as core and shell

Payment plans & facilities: Payment plans up to 7 years.

Delivery date: Delivery is set to start in 2021.

Location: Joulz is located at Km 21 of the Cairo-Alexandria Desert Road.

Available units: Joulz offers a selection of apartments, townhouses, twin houses and stand-alone villas.

Apartments range between 150 m2 – 290 m2, townhouses range between 289 m2 – 348 m2, twin houses range from 313 m2 – 392 m2, and stand-alone villas range from 346 m2 – 386 m2.

Attractive features: Joulz boasts a strategic location, central to main access points as well as commercial

and retail hubs, while still retaining a green, peaceful environment, with over 70% of the total area dedicated to green spaces and landscaping. There are bike lanes, jogging lanes and pedestrian walkways

to allow residents to maintain a healthy lifestyle. An added feature comes through themed parks within

the area. The modern architectural design ensures that abundant light enters into each home, adding to the

quality lifestyle.

Facilities and amenities include facility management services and security, a mixed-use area, a back-up

power generator for public spaces, audio-video intercom, underground parking and storage

for apartment buildings, a clubhouse, children’s playgrounds and sports fields.

Finishing specifications: Core and shell.

Payment plans & facilities: A 5% down payment, with a 7-year installment plan, or a 10% down payment, with an 8-year installment plan.

Delivery date: Phases 1 and 2 in 2020, Phase 3 in 2021.

Upcoming projects: Joulz Phase IV.

Location: Launched in 2018,BLOOMFIELDS is Tatweer Misr’s latest mixed use real estate development, situated in Mostakbal City between New Cairo’s Golden Square and Cairo’s New Capital, with easy access to the American University in Cairo, Road 90 and the New Administrative Capital’s fast train station and international airport. BLOOMFIELDS is 45 minutes away from Ein El Sokhna, and can be easily accessed via the Middle Ring Road, and the Regional Ring Road.

Available units: BLOOMFIELDS offers a total of 10,000 units, 1200 of which were launched and sold so far, they include villas, lofts, apartments, duplexes, twin-houses and townhouses. Homes range between 80 m2 – 350 m2.

Attractive features: Master planned by world-renowned Italian architect Gianluca Peluffo and Partners in collaboration with internationally acclaimed Egyptian architect Raef Fahmy, BLOOMFIELDS is inspired by the tree of life, and the natural balance it represents. Artistically conceived to branch out, unfolding a fully integrated town, BLOOMFIELDS’ lively center is grounded by an impressive college town spreading out to boast a variety of gated residential neighborhoods. BLOOMFIELDS foresees the establishment of Egypt’s first entrepreneurial university as well as a lineup of internationally acclaimed schools across a 90-acre educational district. This area will also host the first GEN-operated Hub for Innovation & Entrepreneurship, “GEN@Bloomfields”, in the MENA

region, providing first-class education focusing on innovation, entrepreneurship and SME development.

The Downtown Zone is a lively hub enjoying a direct connection to the lifestyle area at BLOOMFIELDS; from a cutting-edge business park, an assortment of recreational areas, coffee shops, to contemporary fine dining experiences, hotels and a variety of shops.

Finishing specifications: In order to ensure a combination of luxury and flexibility for home buyers, units at BLOOMFIELDS will be delivered semi-finished.

Payment plans & facilities: BLOOMFIELDS offers tailored payment plans with equal installments reaching up to 10 years.

Changes in pricing as of 2019: An increase in Egyptian real estate prices will vary from 10-15% depending on the increase in building materials and the removal of energy subsidies that is expected in 2019.

Delivery date: 2022 will see the start of delivering Phase I of the residential area, while the Entrepreneurial Hub will be ready in 2021.

Plans for future expansion: Tatweer Misr is currently focusing on its three projects (IL Monte Galala, Fouka Bay and BLOOMFIELDS) and awaiting the right opportunity to present its unique value proposition to areas that truly need it. Expansion of Sheikh Zayed in West Cairo and the North Coast are among Tatweer Misr’s priorities for investment.

Location: The Axis is the latest residential project from Iwan for those who seek the restorative properties of the country side with the modern conveniences of the city. The Axis is set on 50 acres, providing the latest in contemporary luxury and modern architecture amidst the beauty of nature. The project is located at the intersection of the Mehwar and the Desert Road, 7 minutes away from Sheikh Zayed City and 10 minutes away from Lebanon Square. The Axis is surrounded by natural foliage and tranquil views and provides a lush retreat from the bustling metropolis.

Available units: The Axis has apartments ranging from 89 m2 to 217 m2 and penthouses ranging from 250 m2 to 289 m2.

Attractive features: The AXIS provides numerous amenities that are key to creating a close community. There will be a community clubhouse, a wide bike lane, 24 hour security, a barbecue area, an interactive landscape, and state-of-the-art gyms, all geared to creating a neighborhood that places health, happiness, and community spirit above all else.

Finishing specifications: Units at The Axis will be delivered semi-finished.

Payment plans & facilities: 15 % down payment, (5 % upon reservation and 10 % upon contract), with balance over a 7-year payment plan.

Delivery date: 2022

Plans for future expansion: Further expansion is planned in both the east and west of Cairo.

Location: Trio Gardens is located in 5th Settlement, New Cairo, at the highest point of the city. Trio Gardens offers a new living concept under the name of Trio Villas: a set of three duplexes overlapping each other, with a private garden and plunge pool for each one. The design is by HECATE International Architects, based in Paris and Beirut

and led by Eng. Paul Antonios. Trio Gardens is master planned over 35.5 acres, with 75% dedicated to greenery, while buildings occupy 25% of the total land area.

Available units: Trio Gardens offers more than 773 units, with a wide range of building types. Spaces range from 140 m2 to 350 m2, with private gardens ranging from 35 m2 to 85 m2.

Attractive features: Amenities and services include security and surveillance cameras, repair and maintenance services, and housekeeping. There is also a clubhouse and a gym, along with a commercial arcade with various shopping stores and a nursery. The Tree House (Clubhouse) with its unique design is built on 5295 m2 and enjoys daylong sunlight while providing a warm and inviting atmosphere for residents and their guests. It accommodates a restaurant, swimming pools, stores, and sports courts for basketball, football, squash and tennis. Other amenities include a kids zone, a yoga and meditation zone, a barbeque gathering zone, work stations, outdoor gyms for both children and adults, cycling trails with automated rental bike storage, and three different-sized jogging trails.

Units are delivered with a smart home system. Also, the project includes solar energy, MATV Triple play system, an energy saving system and an emergency power system.

Finishing specifications: Units are delivered fully finished

Payment plans & facilities: 10% down payment, followed by 8 years of equal installments. Flexible payment terms can also be customized.

Delivery date: Phase One delivery in 2020.

Plans for future expansion: M2 Developments is looking forward to expanding its portfolio in west Cairo

Location: The Block is located between Sheikh Zayed and 6th October City, just five minutes from the 26th of July Corridor.

Available units: The Block has a range of commercial and office spaces, with unit spaces starting from 100m2.

Attractive features: The Block is an innovative, practical project for commercial and office spaces. It is conveniently located next to Greens 4 Compound and is the very first building of its kind to serve all the surrounding high-end residential projects that house more than 2000 villas.

With commercial and retail spaces situated on the ground floor, the first and second floors will have multiple office and clinic spaces. The Block also has an underground space to serve the whole building as a garage space with an entry access point located at the top of the main entry ramp and an exit access at the other side of the building. A facility management company will be in charge of building maintenance, security, cleaning and other services.

Finishing specifications: The Block will offer attractive, durable exterior finishes with curtain walls to reflect an urban inspiration. All spaces are semi-finished to allow business owners to finish to their own requirements.

Payment plans & facilities: A 5-year payment plan.

Delivery date: Delivery date 2020.

Changes in pricing as of 2019: A normal increase in the real estate field of around 3% to 5%.

Upcoming projects: A new project due to be launched soon will include luxury apartments within a gated community, with highly secured perimeters and endto- end property maintenance. The new project will be situated in west Cairo, overlooking various landmarks.

Location: West Gate is an exclusive gated community within the new extention to Phase II in Pyramid Hills compound, Km 19 of the Cairo- Alexandria Desert Road in Giza, with easy direct access to the Ring Road.

Available units: West Gate offers semi-finished twin and town houses only, ranging from 230 m2 to 320 m2 built up area.

Attractive features: Pier88 restaurant and Burn Gym are the new additional attraction points at Pyramid Hills, adding a lot to the neighborhood community.

Finishing specifications: Semifinished twin and town houses.

Payment plans & facilities: Payment plans range from 4 year to 6 years with 10% down payment.

Delivery date: To be delivered in 3 years.

Location: Oak Park is in the center of 6th October, located next to Hay Al Ashgar, with Zeweil University just around the corner and within a few minutes of Mall of Egypt. Located at the intersection of the Ring Road, Fayoum Road, Wahat Road, Dahshour Road and Fouka Road, taking you anywhere within or outside the city, hassle free, Oak Park is only five minutes from the metro station that will be connecting 6th of October with Greater Cairo.

Available units: Oak Park boasts three different types of buildings, all with elevators. Unit sizes range from 167 m2 to 235 m2 with semi-finished and fullyfinished options.

Attractive features: Oak Park residents have the privilege of having access to all Hay Al Ashgar facilities, a full facility sports club with Olympic size swimming pool, squash courts, tennis courts, a multipurpose playing field, the smallest FIFA approved football field and a four-lane running track. Hay El Ashgar commercial center offers food outlets, clinics, a nursery and administration area and a mosque.

Finishing specifications: Oak Park has semi-finished and fully-finished options. Ground floor apartments enjoy a private, enclosed garden area.

Payment plans & facilities: Up to 8-year installment plan

Delivery date: Unit delivery in three years.

Upcoming projects: IGIRE intends to expand its realestate projects to new locations such as the new Sheikh Zayed and East of Cairo

Location: Ashgar City is located in the center of Wahat Road with access to several main roads and key commercial areas such as Mall of Egypt and Cairo Media City.

Available units: Ashgar City includes seven building types with several unit sizes ranging from 77 m2 to 234 m2.

Attractive features: Ashgar City offers a wide range of facilities such as commercial and administrative buildings, a school, a medical center and a social and sports club on 21.5 acres, offering a swimming pool, football fields, tennis courts, squash courts, and a gymnasium.

Finishing specifications: Semi-finished or half-finished depending on unit type.

Payment plans & facilities: Immediate delivery with payment plan over four years or different payment plans with installments up to 5.5 years and unit delivery up to 2 years. Possibility of paying installments through specialized mortgage companies.

Delivery date: Some immediate availability, and some up to two years, depending on unit size and phase.

Plans for future expansion: IGIRE intends to expand its real-estate projects to new locations such as the new Sheikh Zayed and East of Cairo.

Location: Nestled at an average altitude of 140 m above sea level, Pyramids Heights Residences is located at Km 22 of Cairo-Alexandria Desert Road with easy access to and from the city through the Mehwar Axis as well as the Ring Road.

Available units: Overlooking the three-acre Central Park, the project offers ground floor apartments, duplexes and penthouses with sizes varying from 245 m2 to 339 m2.

Attractive features: The ownership package includes membership of the sports club. A multitude of themed venues are provided for everyday get-togethers. These “satellite clubs” are set to be ideal spots for wellness,  freshening up and family fun. BBQ areas, swimming pools and climbing are but a few of the provided activities, all set in green, lush parks. Amenities include a sports club, clubhouse and nursery, cycling paths, pedestrian-only walkways and open-air greenery.

Finishing specifications: All units are delivered fully finished

Payment plans & facilities: 10% contractual payment with semiannual installments over 6 years.

Delivery date: Starting from 2020.

Upcoming projects: Plans are under way for a residential extension in west Cairo and PYRAMED Medical

Park, a new medical hub presenting a new vision to Egypt’s healthcare sector offering clinics, hospitals and offices. ICONIA ZAMALEK, the former AUC hostel in Zamalek is being transformed into serviced apartments, retail spaces and offices.

Location: Ivory Business Park is located in Allegria, SODIC’s flagship development in SODIC West. This will allow IBP to serve not only Allegria’s 1,228 homes, but also SODIC West’s population of over 50,000 residents. Located directly on the Cairo-Alexandria Desert Road, it is only a short drive to the newly opened Sphinx International Airport (SPX), making it a perfect location for business and retail alike. Ivory Business Park is also located across from the recently inaugurated 31,000 acres Sphinx City (Sheikh Zayed II) which will be a central point for the expansion of Sheikh Zayed and west of Cairo.

Available units: Both retail and office units are available, starting from 70m2 up to 900m2.

Attractive features: Ivory Business Park was designed with the user in mind. The layout offers efficient use of space based on actual usage patterns. The master plan layout has been designed to feature zones with different functionality and utility.

There is a zone to service Allegria’s residents, another to cater to visitors and a third to feature a bustling business district complete with offices and retail. Designated spaces are available for supermarkets, restaurants/cafés, banks and showrooms. There are two levels of underground parking, an outdoor event space for concerts and bazaars and two large piazzas on two levels. The area is highlighted by a central water feature.

Finishing specifications: Buildings feature glass curtain wall facades with aluminum louvers, state-of-theart elevators, energy-saving design specs, backup power, a natural gas chiller plant, a state-of-the-art fire fighting system and CCTV. There will be communal bathrooms on each floor in addition to four escalators and two people movers.

Payment plans & facilities: 15% down payment and a 4.5 year equal payment plan.

Delivery date: Early 2021.

Location: Victoria Park enjoys a vibrant location directly facing Hadiqat Al Tefl in Nasr City. The project has an area of 100.000 m2 and consists of four residential, administrative, and commercial tower buildings with 260 units. Victoria Park is conveniently close to Cairo airport and all the surrounding commercial areas.

Available units: All phases of the compound are open for sale, with unit sizes varying from 115 m2 to 220 m2.

Attractive features: The project takes advantage of the location and surroundings, providing open air spaces viewing Hadiqat Al Tefl Park from all roofs of the project. The design also enables residents to enjoy a healthy, relaxed lifestyle. Amenities include a hypermarket, pharmacies, banks, cafés and restaurants. Security is 24/7 at Victoria Park Complex and utilizes the latest technology like electronic detectors and surveillance cameras to ensure the safety of residents.

Finishing specifications: Semifinished.

Payment plans & facilities: 10% on booking and contracting, with a further 10% after three months, followed by 10% after two years. The remaining 70% is to be paid over five years.

Delivery date: October of 2020.

Upcoming projects: Notting Hill compound and an iconic mall located on Alexandria Desert Road.

Location: Located at the R7 site within the New Administrative Capital, next to the British University.

Available units: Unit sizes range from 120 m2 to 300 m2.

Attractive features: Castle Landmark has a clubhouse, gym and ample parking space, as well as commercial and recreational areas, all adjacent to the city’s Green River. All 1800 units combine efficiency and premium quality solutions with a 70% dependence on solar energy.

The ultra-modern design concept involves elements of nature in every aspect of its plan, where 81% of the land area is allocated to greenery and open space. Castle Development has recently partnered with international insurance company, MetLife Alico, who will provide two-year coverage to all units in case of fire, theft and accidents.

Finishing specifications: Homes are fully finished, with air conditioning units.

Payment plans & facilities: 5-year to 8-year installment plans.

Delivery date: Expected delivery by 2022.

Changes in pricing as of 2019: A yearly 15 to 20% price increase.

Upcoming projects: Plans are under way for a medical center, shopping center and mall in the New Administrative Capital.

Location: Spanning an area of 220 acres in Mostakbal City, The Ridge is an exclusive gated compound within

The City of Odyssia, located 30 km east of greater Cairo and in close proximity to New Cairo, the New Administrative Capital, as well as the Cairo International Airport.

Available units: The Ridge is comprised of standalone villas, twin houses and townhouses. Unit areas range from 260 m2 up to 380 m2.

Attractive features: The Ridge is developed with units distributed across different levels, incorporating a number of asymmetrical designs. The Ridge will be equipped with two clubhouses, as well as boutique eateries and restaurants, outdoor working spaces, a dedicated park for pets and outdoor fitness-friendly areas for residents.

Finishing specifications: Units are delivered semi-finished.

Payment plans & facilities: 10% down payment and installments up to 8 years.

Delivery date: Phase 1 in 2023.

Upcoming projects: Designs for a new 144 acre project in El Sheikh Zayed.

Location: In the west of Cairo, Sukoon sits at Km 47 of the Cairo- Alexandria Desert Road at Exit 3; conveniently accessible from the city via 26th of July Corridor and the new Rod El Farag 5-lane highway connecting from Mohandessin and Dokki.

Available units: Two units are currently available.

Attractive features: Affordable units, contemporary finishing, with spacious landscaping. Amenities include a clubhouse, a multipurpose court, a mosque, laundry service, a restaurant, a café, swimming pools, fountains, and a kids’ area.

Finishing specifications: Unit finishing includes Egyptian marble for receptions floors and dining areas, upper level floors are fitted with imported HDF. Kitchens, bathrooms and terraces are fitted with Jawhara ceramic and Ideal Standard fixtures, and paintwork is in a washable plastic finish.

Payment plans & facilities: 10% down payment, with a further 10% after two years, then 10% upon delivery. The rest to be paid in equal installments over seven years.

Delivery date: June 2019 to June 2021.

Changes in pricing as of 2019: As per market change.

Upcoming projects: Sukoon 2, El Hezam (New Zayed).

Location: Spread over 922 Acres, KUWADICO is strategically located in the heart of 6th October, only a few minutes from the 26th of July Corridor and the Cairo-Alexandria Desert Road. Grand Heights is KUWADICO’s first project. Launched in 2010, it was the first project in 6th of October City to offer fully finished units. Glory is the newest addition to the Grand Heights portfolio, launched in 2016 offering semi-finished units. Glory Phases 1, 2 & 3 are sold out and a new phase is being launched with a wide variety of spaces.

Available units: Glory’s new phase offers various options from standalone villas to twin and townhouses.

The unit types and areas currently offered are

• Townhouse: 283 m2
• Twin house: 297 m2
• Separate villa: 345 m2

Attractive features: One of the most attractive features in the compound is the Grand Park spread over 15 acres, designed by SITES International. The Grand Park will also contain lakes, pergolas and children’s playgrounds, and will offer residents fun activities. Approximately 80% of the project is dedicated to landscaping with generous spaces between units, and each unit enjoying its own garden. Amenities and services include concierge services, security and surveillance cameras, repair and maintenance services, and housekeeping. There is also a clubhouse, a gym and football pitch. ORASCOM Construction was the main contractor for the infrastructure networks which include roads, water, electricity, fiber optics irrigation, storm water and sewerage.

Callison, the international firm, created the concept of the master plan for the living environment of Grand Heights. Villas have been designed both internally and externally to utilize maximum space in a highly secured environment.

Finishing specifications: Glory offers semi-finished units.

Payment plans & facilities: Glory offers payment plans up to 6 years with 0% interest.

Delivery date: The new phase of Glory will be delivered in 4 years.

Upcoming projects: Kuwadico is studying different opportunities for development in the near future.