Iona Residence New Cairo by Khuta | Latest Prices

Iona Residence New Cairo is the first residential project launched in Egypt by Khuta Developments.

The Egyptian arm of the UAE-based Bin Shehab Developments, the compound sits along the Cairo – Sokhna Road extension.

Close to the Middle Ring Road, in the heart of the Sixth Settlement, the concept revolves around the largest artificial lagoon in the Sixth Settlement.

Delivered in partnership with Crystal Lagoons, while Azure Architects designed the buildings and the master plan.

The result is a community that feels like a quiet island, with water and greenery wrapping around the homes on every side.

Prices start from EGP 2,088,000 after the launch discount, with a down payment of just 2% and installments over up to 10 years.

• Every unit is fully finished and comes with central air conditioning.

Iona Residence Compound New Cairo

The Meaning Behind the Name Iona Residence

The name Iona comes from a small Scottish island known for centuries for its calm atmosphere and clear waters.

Khuta Developments adopted this meaning to describe its project as an island within the city, the idea is reflected directly in the master plan.

Where lagoons and water channels curve around the buildings so residents feel as if they live on a secluded island.

Even though the Sokhna Road and the Middle Ring Road are only minutes away, the name also echoes the developer’s own philosophy:

Just as Khuta means steps in Arabic, Iona represents the calm destination those carefully planned steps lead to.

Iona Residence New Cairo Compound

A Detailed Overview of Iona Residence Sixth Settlement

Instead of launching several projects at once, Khuta chose to enter the Egyptian market with a single, mid-sized community.

Iona Residence therefore acts as the company’s calling card, bringing Bin Shehab’s experience in building and handing over residential communities in the UAE to New Cairo.

Water was placed at the center of the design rather than on its edges, instead of a small decorative pond.

The project is built around an expansive lagoon using Crystal Lagoons technology, described as the largest in the Sixth Settlement.

Flowing water features and calm lakes with sand-like finishes branch out from it, creating a seaside atmosphere between the buildings.

The architecture was designed by Azure Architects in a Contemporary European style, built on clean geometric lines and wide glass facades.

Stepped terraces give each floor open views over the water, the focus on water does not stop at the public areas.

The buildings also feature swimming pools on the rooftops and within the residential blocks themselves, making the water view part of the home rather than a distant scene.

The master plan arranges the buildings in two rows around the central lagoon, an outer ring road keeps car traffic away from the heart of the compound.

Iona Residence Compound Masterplan

While underground garages absorb residents’ vehicles, leaving the interior spaces for pedestrians and cyclists.

Building heights are kept low, with no more than seven floors above the ground floor, this gives the project a calm character.

And prevents buildings from blocking each other’s views, while at night the facades turn into an illuminated scene reflected on the water.

On the technology side, the compound relies on a smart system that includes electronic gates, surveillance cameras.

And facial recognition access, completing the balance of privacy and security on which Khuta built the project.

This layout serves different types of residents, families get safe play areas away from cars, investors find compact units.

That are easy to rent out, and those seeking tranquility enjoy long walking paths that run alongside the water.

Iona Residence New Cairo Master Plan

Iona Residence New Cairo Details Table

For the latest prices and available payment plans, contact the Iona Residence Compound hotline: ‎+201101913223

Iona Residence Sixth Settlement Location

Iona Residence occupies the western corner of the Sixth Settlement, where the Cairo – Sokhna Road extension meets.

The road network leading to the Middle Ring Road, this position gives residents a quick exit toward the New Administrative Capital on one side and central New Cairo on the other.

Iona Residence New Cairo Location

The Sixth Settlement is the natural southern extension of South 90th Street, where projects by major developers such as:

• Hyde Park.
• La Vista.
• Marakez.
• Ora sit side by side.

Iona itself is surrounded by a group of new residential compounds that together form a complete neighborhood still taking shape.

The project is also close to the Golden Triangle, home to some of the Sixth Settlement’s most prominent developments.

Which supports the completion of commercial and educational services around it within a few years, in line with the handover date.

Iona Residence Compound Location Map

Residents benefit from the nearby Middle Ring Road, which links East and West Cairo without passing through the city center.

As well as Suez Road, which leads to Heliopolis and Cairo International Airport, daily commutes to work or university are therefore easier than from inner New Cairo districts.

From here, the Ain Sokhna coast can be reached in less than an hour and a half, while international schools and major hospitals in the Fifth Settlement are only a short drive away.

Landmarks and Places Near Iona Residence

The main roads and services around the project are listed below, from the closest to the farthest:

Compounds Near Iona Residence New Cairo

Being surrounded by other communities gives Iona residents access to shared services and completed internal roads.

While also allowing buyers to compare several options in the same neighborhood before making a decision.

According to the area map approved by the developer, the closest projects to Iona include:

• ASSL Compound Sixth Settlement:

Iona’s closest neighbor, developed by ARX Developments on 43 acres with a 23% built-up ratio. It offers fully finished apartments from EGP 4,468,000 with a 10% down payment over 10 years.

• Lusail Residence New Cairo:

Just steps away lies by Margins Developments, offering apartments and duplexes from EGP 4,699,968 with a 5% down payment and installments of up to 10 years.

• Najm Compound in the Sixth Settlement:

Developed by Royal Developments, stands out for its position on the highest point in Cairo at 425 meters, with units starting from 75 m² at EGP 3,400,000.

• El Patio Riva:

From La Vista Developments comes with prices starting from EGP 5,945,000, a 5% down payment and the balance spread over 10 years.

• Golf Town by Modon:

Sits right next to Iona on the map, offering units from 78 m² with prices starting at EGP 4,600,000 and a 10% down payment.

Unit Types, Sizes and Prices at Iona Residence

The project combines compact studios suited to individuals and investors, mid-sized apartments for families and duplexes for larger households. All units are offered fully finished with central air conditioning.

Iona Residence New Cairo Units

The 40 m² studio targets young professionals and investors looking for a rentable unit, while one and two-bedroom apartments suit couples and small families.

Three-bedroom apartments and duplexes offer generous living space with direct views over the lagoon.

Current prices after the launch discount are as follows:

The price per square meter starts from EGP 58,000 before the discount, dropping to approximately EGP 52,200 after the launch discount.

The prices above are installment prices, not cash prices, and the final value varies depending on the floor and the lagoon view.

Iona Residence Compound Design Units

Payment Plans and Installments at Iona Residence

For the launch phase, Khuta introduced a single payment plan that combines the lowest possible down payment with the longest installment period:

To give a clearer picture, the table below shows the down payment and approximate monthly installment for the smallest unit of each type:

Installments were calculated by dividing the remaining balance after the down payment equally over 120 months.

The developer’s approved schedule may differ, for example by including annual or quarterly payments.

Since the installment period runs for ten years while delivery takes four, buyers keep paying for roughly six years after handover.

Which allows them to rent out the unit and use the income to cover part of the remaining installments.

An additional discount is available for cash payments, with the rate set by the sales department according to the current phase, so it is worth reviewing the latest offers before signing.

To calculate the right installment for your budget and check available units, contact the Iona Residence Sixth Settlement hotline: ‎+201101913223

Delivery Dates and Finishing at Iona Residence

Khuta commits to delivering units within 4 years of contract signing, which places handover around 2030.

All units are delivered fully finished with central air conditioning, with flexibility in choosing the finishing level:

Central air conditioning is a practical advantage for buyers of smaller units in particular, as it removes the need for separate units in each room and keeps the glass facades looking uniform.

Iona Residence Compound Design Units

Services and Facilities at Iona Residence New Cairo

Services are split between a main hub, which houses the clubhouse and the commercial mall, and open spaces.

That stretch around the lagoon, so residents can reach most of their daily needs on foot without using a car.

The Largest Lagoon in the Sixth Settlement by Crystal Lagoons

The lagoon is Iona’s signature feature. It was created in collaboration with Crystal Lagoons, a specialist in crystal-clear artificial lagoons.

And sits at the center of the project with flowing pools and man-made sandy beaches, making swimming and relaxing possible just steps from home.

Rooftop Pools and Pools Within the Buildings

Beyond the shared pools, the buildings include swimming pools on the rooftops and others integrated into the residential blocks.

This is a rare feature in a mid-sized project and gives residents more privacy when using them.

Smart Systems and Facial Recognition Access

Gates and building entrances use facial recognition instead of cards and keys, alongside surveillance cameras and smart lighting.

This raises the level of security and makes movement easier for both residents and visitors.

Exclusive Clubhouse and Commercial Mall

The clubhouse provides spaces for social gatherings and relaxation, along with a fully equipped gym, a jacuzzi area, and a padel court.

While the commercial mall offers shops, restaurants, and cafés covering residents’ daily needs within the compound.

Key Services at Iona Residence

Iona Residence New Cairo Services

Advantages of Living at Iona Residence

Iona Residence New Cairo offers several advantages, including:

• Water views for most units:

More than 80% of the area is dedicated to lagoons and green spaces, including the largest lagoon in the Sixth Settlement.

• Low density:

A built-up ratio of less than 20% across 14 acres, with heights not exceeding ground + 7 floors.

• Ready to move in:

Full finishing and central AC save owners the cost and time of finishing after handover.

• Car-free interiors:

Vehicles stay on the perimeter and in underground garages, leaving the inside for pedestrians and cyclists.

• Fast connections:

3 minutes from Sokhna Road, 10 minutes from South 90th Street and 15 minutes from the New Administrative Capital.

Investment Advantages of Iona Residence

Investment in Iona Residence New Cairo is supported by five key factors, including:

• Lowest entry cost:

A 2% down payment means reserving a studio for less than EGP 42,000, with monthly installments starting from EGP 17,052 over 10 years.

• Compact units in rental demand:

The 40 m² studio and the 62 m² one-bedroom apartment suit AUC students and staff 12 minutes away, as well as employees of the New Administrative Capital 15 minutes away.

• Launch pricing:

Buying at around EGP 52,200/m² after the discount in the first phase offers a profit margin as construction progresses and prices rise in later phases.

• A developer with a delivery record:

Bin Shehab’s experience in delivering 500 villas in Ajman and more than 80 projects in New Damietta reduces the risk of construction delays.

• A feature that is hard to replicate:

The Crystal Lagoons lagoon and rooftop pools raise the rental value of units overlooking them and make resale easier.

In addition, unit sizes ranging from 40 m² to 200 m² allow investors to build a balanced portfolio within one project.

Whether by buying a studio for short-term rental or a duplex to hold and resell once the surrounding services are complete.

The area also benefits from ongoing upgrades to the Middle Ring Road and the Sokhna Road, which strengthens housing demand between New Cairo and the New Administrative Capital in the coming years.

About Khuta Developments

Khuta Developments is the Egyptian extension of Bin Shehab Developments, which has been active in the UAE since 2014.

Its name means “steps” in Arabic, reflecting its belief that every great destination begins with a thoughtful step.

The company is chaired by Eng. Alaa Faraag, co-founder of Bin Shehab, who led the delivery of more than 80 projects in New Damietta.

He is joined on the board by Jasim Saleh Al Hammadi, a former member of the Ajman Chamber.

Of Commerce and Industry while Hossam Zayed serves as CEO after a real estate career that began in 2010.

Bin Shehab Developments

The company chose to focus on one carefully planned project in the Sixth Settlement rather than expanding quickly across several cities.

An approach that gives Iona full priority in funding and engineering supervision during construction.

Khuta builds on a legacy of more than 350 projects delivered under the Bin Shehab umbrella, one of the most notable is the Al Bahia community in Ajman.

With 500 villas handed over to their owners, and the company documents every stage from the concrete structure to handing over the keys.

In Egypt, the company works with specialized global partners, most notably Azure Architects for design and planning and Crystal Lagoons for artificial lagoons.

With a vision of building smart, sustainable communities that put people before buildings, khuta sums up its values as knowledge built on experience.

Harmony with nature, understanding people’s needs before building, and trust earned by keeping promises.

These values show clearly in its decision to dedicate most of Iona’s area to water and greenery rather than adding more units.

Khuta and Bin Shehab Developments’ Track Record

Similar Projects in the Sixth Settlement on Our Website

As Iona is Khuta’s first project in Egypt, here are some nearby projects that also offer compact units with low down payments, making them worth comparing:

• Home Residence Sixth Settlement:

By Hometown Developments offers studios, apartments and duplexes from 39 m² at EGP 3,700,000, with a 3% down payment and installments of up to 12 years.

• Illume Residence New Cairo:

lies next to Tierra  by Illume Societies, with units starting from EGP 2,607,110, a 5% down payment and installments over up to 11 years.

• Cairova Compound:

By RNA Developments offers apartments in  with prices from EGP 2,708,889 and a 10% down payment over 10 years.

Conclusion

Iona Residence New Cairo combines UAE construction expertise with a design that places water at the heart of daily life.

Its key advantages include:

• The largest lagoon in the Sixth Settlement, created with Crystal Lagoons, and more than 80% water and green areas.
• Contemporary European design by Azure Architects, with rooftop swimming pools.
• Units from 40 m² studios to 200 m² duplexes, fully finished with central AC.
• Prices from EGP 2,088,000 with a 2% down payment and installments over up to 10 years.

To book or check the units available in the current phase, contact the Iona Residence Sixth Settlement hotline: ‎+201101913223

Available daily from 10 AM to 10 PM