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KLOVE compound new cairo by Larz Developments
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Project details
| Location | New Cairo |
|---|---|
| Unit areas | Starting from 52 m² |
| Start Price | 3,900,000 EGP |
| Payment Plan | 5% Down Payment , 9 Years Installments |
| Project Type | Residential , |
| Developer | Larz Developments |
| Unit types | Apartments , Duplexes , |
| Sales number of Larz Developments | 01118183030 (Click the number to call) |
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KLOVE Compound Fifth Settlement introduces a different residential concept in the heart of the Al Koronfel Villas area in New Cairo, where Larz Developments has created a project in which green areas and artificial lakes stretch across more than 80% of the total space, giving every unit an open view and fresh air.
Developed in cooperation with the engineering consultant Dar Al Mimar Group (DMA) and backed by the more than 40 years of construction expertise of GMC, the project blends an authentic Arabic character with a modern touch, featuring low-rise buildings that preserve privacy.
Unit prices at KLOVE start from EGP 3,900,000, with a down payment of only 5% and installments of up to 9 years without interest, across a variety of units suited to individuals and families alike.
The Meaning Behind the Name KLOVE
The name KLOVE is inspired by the word “Clove,” which translates in Arabic to “Qaranful,” directly connecting the project to its location within the Al Koronfel Villas area in the Fifth Settlement, so the name reflects the identity and nature of the place itself.
Larz Developments chose this name to express the calm, greenery-rich atmosphere of the project, much as the clove evokes purity and fragrance, making the name an extension of the compound’s philosophy that merges nature with upscale living at the same time.
This connection between the name and the place is not merely verbal; it is reflected in the design of the project itself, which makes greenery and lakes an essential element in every corner.
turning the name from a mere word into a promise of a residential experience infused with nature and tranquility in one of the most prestigious areas of New Cairo.
Detailed Overview of KLOVE Fifth Settlement
KLOVE Compound was not built to be merely a cluster of residential buildings; rather, it was designed to deliver an architectural philosophy that places nature at the heart of the resident’s daily experience.
so Larz Developments adopted a low-density principle in which the built-up ratio does not exceed 20%, while the larger share of the space is dedicated to gardens, artificial lakes, and walking tracks.
This approach is reflected in the height of the buildings, which come as low-rise structures of no more than five floors.
a deliberate choice that prevents visual crowding and ensures greater privacy and natural views for every unit, alongside a spacious distribution of the residential blocks that preserves freedom of movement within the project.
On the engineering level, the design is the fruit of a collaboration between the consultant Dar Al Mimar Group (DMA) and the architect Eng. Ahmed Hussein, while GMC handled the construction works with its expertise spanning more than 40 years, giving the project a solid foundation in terms of build quality and adherence to construction standards.
Among the most distinctive design features of KLOVE is the idea of converting service shafts into lightwells that allow natural light and ventilation to reach inside the units.
with their illumination even extending down to the basement parking through sunken green courts, a clever touch that raises the quality of living and reduces reliance on artificial lighting.
The developer was also keen for the facades to carry an elegant hotel-style character that combines Arabic identity with modernity, so the design did not abandon the local cultural character but added contemporary touches that turned the project into a complete aesthetic image needing no additions.
The project’s planning also ensured that the services and amenities are distributed in a way that keeps them close to all units without compromising their privacy.
so the resident finds the commercial area and recreational spaces a short distance away, while the residential buildings remain in a quiet zone far from visitor traffic.
As for the units, Larz offered a range that begins with studios and extends to apartments of various room counts up to duplexes, so individuals, families.
and investors alike can find the most suitable unit within one fully serviced environment, making the project appropriate for permanent living and long-term investment at the same time.
KLOVE Compound Details Table
| Item | Details |
| Project Name | KLOVE Compound |
| Developer | Larz Developments |
| Company Management | Eng. Abdelrahman Gawish – part of El Gawish Group |
| Engineering Consultant | Dar Al Mimar Group (DMA) |
| Architect | Eng. Ahmed Hussein |
| Construction Company | GMC (more than 40 years of experience) |
| Location | Al Koronfel Villas – Fifth Settlement – New Cairo |
| Total Area | 23 feddans |
| Built-up Ratio | 20% |
| Green Spaces & Landscape | More than 80% |
| Building Height | Up to 5 floors |
| Unit Types | Studios – Apartments – Duplexes |
| Unit Areas | From 52 m² to 182 m² |
| Prices Start From | EGP 3,900,000 |
| Price per Meter | From EGP 75,000 to EGP 85,000 /m² |
| Payment Plan | 5% down payment, installments up to 9 years |
| Reservation Deposit | EGP 100,000 (refundable) |
| Delivery Date | Within 4 years of contracting |
| Finishing Type | Fully Finished |
Location of KLOVE Compound Fifth Settlement
Larz Developments chose to build its project in one of the most distinguished areas of New Cairo, the Al Koronfel Villas area in the Fifth Settlement near 90th Street.
as this area is among the quietest and most upscale residential zones, while at the same time being close to all vital services and main axes.
The Al Koronfel Villas area in particular is characterized by its location within the villa zone and the low-density districts of the Fifth Settlement.
which is reflected in the calm of the place and its high real estate value, in addition to its proximity to international schools, clubs, and the commercial centers that serve the area’s residents.
This location gives the KLOVE resident a rare balance between calm and privacy on one hand, and easy access to universities, malls, and highways on the other.
which makes it a preferred choice among the residential communities of New Cairo for living and investment alike. You can explore more projects across New Cairo compounds to compare options in the same area.
The KLOVE location also gains additional investment importance from its proximity to the new axes that connect New Cairo with the New Administrative Capital.
as this connection makes the unit more attractive for renting and resale in the future, especially with the growing demand for housing in the area surrounding North 90th Street and the year-on-year rise in land prices there.
Landmarks and Places Near KLOVE Compound
KLOVE Compound is surrounded by a large number of important landmarks and axes that make traveling to and from it easy and fast, and the following are the most prominent of these places and their distances from the project, ordered from nearest to farthest.
| Place | Distance from the Project |
| 90th Street | 1 minute |
| Al Rehab City | 3 minutes |
| Public Prosecutor’s Office | 5 minutes |
| Middle Ring Road | 5 minutes |
| American University in Cairo (AUC) | 7 minutes |
| Mohamed Naguib Axis | 7 minutes |
| Cairo Festival City Mall | 10 minutes |
| Madinaty and El Shorouk | 15 minutes |
| New Administrative Capital | 20 minutes |
| Cairo International Airport | 25 minutes |
| Nasr City and Heliopolis | 30 minutes |
Compounds Near KLOVE
KLOVE Compound sits within a real estate surrounding rich in distinguished residential projects inside the Fifth Settlement, giving the home seeker the opportunity to compare more than one option in the same area, and the following are the most prominent neighboring compounds worth exploring.
- Shababeek Compound: One of the nearby residential projects in the heart of the Fifth Settlement, distinguished by its varied unit sizes and a modern design that suits families seeking privacy.
- Hyde Park Compound: One of the largest and most famous compounds in New Cairo, known for its vast green spaces and its variety of units between apartments and villas across different price ranges.
- Sarai Compound: An ideal choice for villa lovers, as it offers a large number of villas and townhouses in varied sizes for those looking for larger units and a more spacious character.
- Eleven Residence Compound: A fully serviced residential project in New Cairo that combines a vibrant location with a modern design across practical residential units.
- Noi Compound: One of the quiet projects in the Fifth Settlement, distinguished by a smart distribution of green spaces and flexible payment plans that suit various segments.
Unit Types, Areas, and Prices in KLOVE Compound
Larz Developments offered a graduated range of units within KLOVE that begins with compact studios and reaches the spacious duplex, so as to suit individuals, families, and investors alike.
and the following table shows the areas and starting prices for each type, noting that the prices mentioned represent sale prices under the installment system.
| Unit Type | Area (m²) | Price Starts From |
| Studio | 52 m² | EGP 3,900,000 |
| One-Bedroom Apartment | 78 m² | EGP 5,850,000 |
| Two-Bedroom Apartment | 99 – 129 m² | EGP 7,425,000 |
| Three-Bedroom Apartment | 150 – 182 m² | EGP 11,250,000 |
| Duplex | 182 m² | EGP 13,650,000 |
By calculating the average price per meter within the project, we find that it starts from EGP 75,000 including full finishing, and rises in some premium units up to EGP 85,000 depending on the unit’s location, floor, and view.
To get the latest available unit prices, contact the KLOVE Compound hotline: +201118183030
Payment and Installment Plans in KLOVE Compound
Larz Developments was keen to make the reservation and installment systems in KLOVE as flexible as possible, so as to allow the largest segment of clients to own their units without financial pressure, while maintaining a strong investment value for the unit, and the following are the details of the payment plan.
| Payment Plan | Details |
| Down Payment | Only 5% of the unit value |
| Reservation Deposit | EGP 100,000 (refundable) |
| Installment Period | Up to 9 years without interest |
| Delivery Date | Within 4 years of the contract date |
Thus, the payment plan in KLOVE combines a low down payment, an extended installment period, and a refundable reservation deposit, an equation that makes entering the project accessible to home seekers and investors alike.
Delivery Dates in KLOVE Compound
KLOVE Compound units are delivered fully finished with well-studied interior designs and exterior facades of a hotel-style character, so the client receives the unit ready without the need for additional finishing works.
As for the delivery date, it comes within 4 years of the contract date, with precise follow-up of the construction phases by GMC, which is responsible for the structural works, to ensure adherence to the timeline and the quality of execution at every stage of the build.
This clear timeline gives the buyer peace of mind to plan their move or investment, and it also enables the investor to calculate the expected return from renting or resale as soon as delivery takes place, which enhances the project’s reliability compared to projects that do not set precise delivery dates.
Services and Facilities in KLOVE Compound
Larz Developments managed to establish an integrated service system within KLOVE that meets the resident’s daily needs while at the same time offering upscale recreational atmospheres.
and before reviewing the basic services we pause at the most prominent features that make the residential experience in the project unique.
- Natural Lightwells
The idea of converting service shafts into lightwells is one of the smartest architectural solutions in KLOVE, as it allows natural light and air to enter the units throughout the day.
with its illumination even extending down to the basement parking through sunken green courts, which reduces reliance on artificial lighting and gives the units a constant sense of spaciousness and purity, a feature rarely found in traditional residential projects.
- Artificial Lakes and Green Spaces
The green spaces and landscape within the project exceed 80% of the total area, distributed between gardens, artificial lakes, and walking tracks.
forming a green lung that surrounds the units and gives every resident a natural view that enhances both quality of life and the real estate value of the unit at the same time, in addition to their role in moderating the atmosphere within the compound throughout the year.
- Hotel-Style Facades
KLOVE’s facades came with an elegant hotel-style design that blends Arabic identity with a modern touch, along with low-rise buildings of no more than five floors, which gives the project a harmonious visual image and ensures each unit greater privacy and an open view away from crowding, as well as the reflection of this character on the market value of the units.
Basic Services in KLOVE Compound
Alongside the previous features, the project includes an integrated system of basic services that covers everything the resident needs, as shown in the following table.
| Category | Available Services |
| Security & Guarding | 24-hour security, surveillance cameras, electronic gates |
| Sports & Recreation | Gym, sports clubs, playgrounds, walking and cycling tracks, yoga areas |
| Commercial Services | Commercial area, restaurants and cafés, hypermarket |
| Family Entertainment | Clubhouse, kids’ area, dedicated barbecue spots |
| Religious & General Services | Large mosque, regular maintenance and cleaning services |
| Garages & Parking | Spacious underground garages that prevent crowding within the project |
With this integration between basic amenities and recreational services, KLOVE offers a residential environment that does not require the resident to leave the compound to meet their daily needs.
from shopping and sports to family entertainment, which raises both the quality of life within the project and the value of the units alike.
Residential Advantages of KLOVE Compound
The advantages of KLOVE are not limited to the location alone, but extend to the details of design and services that make daily life within it more comfortable and private, and the following are the most prominent of these advantages, supported by actual data from the heart of the project.
- A location just one minute from 90th Street and 7 minutes from the American University, saving the resident daily commuting time.
- A low built-up density of no more than 20% with buildings up to five floors, ensuring higher privacy and open views for every unit.
- More than 80% of the area dedicated to gardens and artificial lakes, surrounding the units with a pure green environment.
- An innovative natural lighting system (lightwells) that reaches the basement parking, enhancing ventilation and reducing energy consumption.
- A wide variety of units from studios to duplexes, suiting individuals and families within one project.
Investment Advantages of KLOVE Compound
KLOVE represents a clear investment opportunity for those looking for a unit that retains its value and achieves a good return, for reasons directly linked to the project’s data and location, most notably the following.
- The location within Al Koronfel Villas: Proximity to 90th Street, the American University, and Cairo Festival raises rental demand for the units and supports their value upon resale.
- Low down payment and extended installments: Entering with a 5% down payment and installments up to 9 years allows the investor to own the unit with a small initial capital and comfortable repayment.
- Competitive price per meter: A starting price per meter of EGP 75,000 in an upscale area of the Fifth Settlement gives a good margin for value appreciation as the project is completed.
- Full finishing and clear delivery: Receiving the unit ready within 4 years makes it easy to rent or sell directly after delivery without additional finishing costs.
The appeal of the investment increases with the accelerating urban growth in the surroundings of the Fifth Settlement and its proximity to the New Administrative Capital.
as the area witnesses growing interest from developers and buyers alike, which serves the units over the medium and long term and enhances the chances of achieving a rewarding return.
About Larz Developments
Larz Developments is one of the strongly rising entities in the Egyptian real estate market, founded in 2021 as part of El Gawish Group, building on a long legacy of experience in the fields of contracting and urban development.
Larz draws its strength from being an extension of GMC (Green Modeling Contracting), which has more than 40 years of experience in construction works, giving its projects a solid foundation in terms of execution quality and adherence to delivery dates, and making it combine a modern vision with deep field expertise.
The company’s vision was not limited to the local market, as its presence extended to the Kingdom of Saudi Arabia, confirming its ambition to be among the leading names in real estate development inside and outside Egypt.
with a clear focus on mixed-use projects that serve both the resident and the investor, under the leadership of Eng. Abdelrahman Gawish.
Track Record of Larz Developments
Larz has delivered a number of residential and commercial projects in vital locations between New Cairo and the New Administrative Capital, as shown in the following table.
| Project | Location | Type |
| Madai Compound | New Administrative Capital (R8) | Residential |
| Larz Business Hub Mall | New Administrative Capital | Commercial & Administrative |
| Kov Mall | Fifth Settlement | Commercial |
For inquiries and to contact the Larz Developments sales team, call: +201118183030
Other Larz Projects on Our Website
Larz’s activity is not limited to KLOVE Compound; its portfolio extends to other projects varying between residential and commercial in distinguished locations, and you can learn about the most prominent ones available on our website below.
- Madai Compound New Administrative Capital: A residential project by Larz in the R8 area of the New Administrative Capital, distinguished by its location in the Diplomatic District and the variety of its units between apartments and townhouses.
- Larz Business Hub Mall: A commercial and administrative project in the New Administrative Capital, offering a variety of units that suit business owners and investors looking for a vibrant location.
Conclusion on KLOVE Compound Fifth Settlement
KLOVE Compound combines elements that rarely come together in a single project, which makes it a strong choice for living and investment within the Fifth Settlement, and its most prominent advantages can be summarized in the following points.
- A distinguished location within Al Koronfel Villas, one minute from 90th Street and close to the most important axes of New Cairo.
- A low built-up density (20%) and green spaces exceeding 80% with artificial lakes and open views.
- An innovative architectural design in cooperation with Dar Al Mimar Group (DMA) and construction by GMC with more than 40 years of experience.
- Prices starting from EGP 3,900,000 with a 5% down payment, installments up to 9 years, and delivery fully finished.
- A variety of units from studios to duplexes that suits different needs and budgets.
In light of all these advantages combined, it can be said that KLOVE offers not merely a residential unit but an integrated lifestyle that brings together the distinguished location.
the well-studied design, and the stable investment value, which makes it a destination worth considering for anyone looking for housing or investment in the Fifth Settlement.
If you would like to know the latest prices and reserve your unit in KLOVE Compound Fifth Settlement, contact the sales team now on the KLOVE Compound hotline: +201118183030
Available daily from 10 AM to 10 PM
Frequently Asked Questions
KLOVE Compound is located in the Al Koronfel Villas area of the Fifth Settlement, New Cairo, just 1 minute from 90th Street and 7 minutes from the American University in Cairo.
Prices at KLOVE Compound start from EGP 3,900,000, with a price per meter starting at EGP 75,000 fully finished and reaching up to EGP 85,000 for premium units.
The down payment at KLOVE Compound starts from just 5% of the unit value, with the remaining amount payable in installments over up to 9 years without interest, plus a refundable reservation deposit of EGP 100,000.
KLOVE Compound is built on 23 feddans, with a built-up ratio of no more than 20% and green spaces and landscape exceeding 80% of the total area.
The developer is Larz Developments, founded in 2021 as part of El Gawish Group, with roots in GMC, which has more than 40 years of construction experience.
KLOVE Compound offers studios from 52 m², one-, two-, and three-bedroom apartments up to 182 m², and duplexes of 182 m².
KLOVE Compound units are delivered fully finished within 4 years of the contract date, with construction handled by GMC.
The KLOVE Compound hotline is: +201118183030
The Larz Developments hotline is: +201118183030
To contact the company's sales team and inquire about its other projects, call: +201118183030
To book and inquire about the available units, latest prices and payment plans in KLOVE Compound, contact the sales team at: +201118183030