| Location | New Cairo |
|---|---|
| Unit areas | Starting from 180 m² |
| Start Price | 18,000,000 EGP / meter |
| Payment Plan | Down Payment 10% , Installments Years 10 |
| Project Type | Residential , |
| Developer | IL Cazar Developments |
| Unit types | Standalone Villas , Townhouse , |
Vea New Cairo is a residential development by IL Cazar Development, spanning 100 acres in the Sixth Settlement area of East Cairo. This boutique compound features just 417 villas across standalone villas and townhouses, combining contemporary architecture with extensive green landscapes for an intimate, low-density community.
Units range from 180 sqm to 275 sqm, with prices starting at EGP 18,000,000. Payment plans include 10% down payment with installments up to 10 years. Delivery is scheduled for two years, with 70% of Phase 1 already completed.
IL Cazar selected the Sixth Settlement for its strategic position connecting Fifth Settlement and the New Administrative Capital. This emerging district balances urban accessibility with residential tranquility, ideal for families seeking convenient yet peaceful living.
Proximity to major transportation routes reduces commute times significantly, directly enhancing rental yields and resale values as buyers prioritize convenience.
Key Location Advantages:
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Vea Sixth Settlement represents a compelling investment opportunity for buyers seeking both lifestyle quality and financial returns. Here’s what sets this development apart:
Strategic Sixth Settlement Location: Positioned in one of Cairo’s fastest-growing districts, connecting seamlessly between Fifth Settlement and the New Administrative Capital.
Boutique Community Concept: With only 417 villas across 100 acres, the compound ensures exceptional privacy and exclusivity rarely found in larger developments.
Strong Developer Track Record:IL Cazar Development brings over 55 years of real estate expertise, with proven delivery timelines across multiple successful projects.
Competitive Entry Point: Starting prices of EGP 18,000,000 offer 15-20% better value compared to similar villa communities in neighboring areas.
Flexible Financial Terms: The 10% down payment with 10-year installments makes premium villa ownership accessible without excessive upfront capital.
Rapid Value Appreciation: The Sixth Settlement area has shown consistent 12-15% annual property value growth, driven by infrastructure development and increasing demand.
Advanced Construction Progress: With 70% of Phase 1 already completed, buyers can physically inspect progress and confirm quality before finalizing purchases.
Comprehensive Lifestyle Infrastructure: The 5-acre clubhouse and extensive amenities create a self-contained community that enhances daily living and property desirability.
Vea’s master plan prioritizes green landscapes and open spaces, creating a resort-like atmosphere.IL Cazar partnered with international design firms to blend contemporary minimalism with timeless elegance, ensuring visual appeal and long-term value.
The layout features separate pedestrian and vehicle circulation systems, enhancing safety and reducing noise. Walking paths meander through gardens while vehicle routes remain discreetly positioned. Water features and botanical gardens provide natural focal points throughout the community.
Interior layouts maximize space efficiency without compromising comfort. Large panoramic windows connect indoor spaces with outdoor gardens, flooding homes with natural light while framing landscape views. This design reduces artificial lighting needs and creates healthier environments.
Kitchen and bathroom specifications include premium fixtures as standard. Generous balconies extend living areas outdoors, perfect for Egypt’s climate. Smart home infrastructure comes pre-installed for seamless technology integration.
Vea’s villa-only approach ensures consistent community standards and superior privacy.IL Cazar calibrated unit sizes to appeal to different family profiles while maintaining exclusivity. Each villa type maximizes usable space with comfortable flow between rooms.
The variety allows buyers to select homes matching current needs with expansion potential. Corner units provide additional exposure and garden space, commanding premium pricing through enhanced privacy and natural light.
Available Villa Types:
Standalone Villas:
Townhouses:
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positioned Vea’s pricing to reflect the compound’s premium quality while remaining competitive within the Sixth Settlement market. The developer analyzed comparable projects and established price points that deliver superior value when considering the exclusive villa-only concept, extensive amenities, and advanced construction status. This strategic pricing creates immediate equity for early buyers as the area continues developing.
Price variations reflect objective factors including villa type, size, location within the compound, and garden dimensions. Corner units command 8-10% premiums over middle units due to enhanced privacy and outdoor space. Larger standalone villas naturally carry higher absolute prices but offer better per-square-meter value for families requiring more living area.
Current Pricing Structure:
Note: Prices include core and shell delivery for townhouses; standalone villas delivered finished
IL Cazar structures payment terms to accommodate different financial profiles while maintaining project quality and delivery commitments. The extended 10-year installment period represents one of the market’s most generous terms for villa developments, significantly reducing monthly payment burdens compared to shorter plans.
This financial flexibility serves dual purposes: it makes premium villa ownership accessible to successful professionals who prefer preserving liquid capital for other investments, while also attracting buyers who appreciate reasonable payment schedules that align with income growth over time.
Payment Terms:
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Security and property management at Vea operate to international standards, providing residents with peace of mind and protecting property values. The 24/7 security system integrates trained personnel with advanced surveillance technology, creating multiple layers of protection without intrusive monitoring. Gated entry points verify all visitors while maintaining smooth access for residents.
Dedicated parking facilities eliminate street congestion and enhance aesthetic appeal throughout the compound. Professional property management handles maintenance proactively, addressing issues before they affect resident comfort or property condition. Backup power systems ensure uninterrupted electricity supply, particularly important for families with children or elderly members.
The 5-acre clubhouse serves as Vea’s social and recreational hub, offering facilities that typically require separate memberships at external clubs. Swimming pools cater to both serious swimmers and families with children, featuring separate areas for different activities. State-of-the-art fitness centers provide comprehensive equipment and space for various training styles.
Dedicated children’s play areas feature safe, age-appropriate equipment in supervised environments. The commercial strip within the compound includes cafes and restaurants, eliminating the need to leave for casual dining. Landscaped walking and jogging paths encourage active lifestyles while providing scenic routes for outdoor exercise.
Comprehensive Amenity List:
Vea New Cairo delivers compelling investment returns through multiple channels. The Sixth Settlement area has demonstrated consistent property value appreciation of 12-15% annually over the past three years, driven by infrastructure improvements and increasing demand from both end-users and investors. This trend shows no signs of slowing as the New Administrative Capital development draws more attention to East Cairo.
Rental yields for premium villas in similar developments range from 5-7% annually, with Vea positioned to achieve the higher end due to its superior amenities and exclusive positioning. The limited supply of just 417 units creates scarcity value that supports both sale prices and rental rates. Properties in boutique developments consistently outperform larger compounds in price stability during market fluctuations.
The compound’s advanced construction status reduces investment risk significantly. Unlike off-plan projects where buyers rely entirely on promises, Vea’s 70% completion allows physical verification of quality and progress. This transparency attracts more conservative investors who prioritize certainty over potential higher returns from earlier-stage projects.
IL Cazar 55-year track record further de-risks the investment. The developer has never defaulted on delivery timelines or quality commitments, providing historical evidence that supports confidence in future performance. For investors comparing options, this reliability often justifies modest price premiums over competitors with less established reputations.
IL Cazar Development has shaped Egypt’s residential landscape for over five decades, building a reputation for quality execution and customer satisfaction. The company name derives from “Il Cazar” (The Caesar), reflecting ambitious vision to create developments that set industry standards rather than merely meeting them. This philosophy drives every project decision, from land selection to final finishing details.
The developer’s expertise spans multiple property segments, with particular strength in premium residential communities IL Cazar approach combines thorough market analysis with innovative design thinking, consistently delivering projects that appeal to discerning buyers seeking more than basic housing. The company stays ahead of market trends, anticipating buyer needs and preferences before they become obvious to competitors.
Financial stability distinguishes IL Cazar from many developers operating in Egypt’s real estate sector. The company maintains conservative leverage ratios and prioritizes project completion over rapid expansion, ensuring resources remain available to fulfill commitments to existing buyers before launching new ventures.
Glenn Sixth Settlement: A successful residential compound demonstrating IL Cazar expertise in the same area as Vea, with all units delivered on schedule.
Safia Ras El Hikma: A coastal resort project showcasing the developer’s ability to execute large-scale developments in different market segments.
Vea New Cairo presents minimal drawbacks given IL Cazar execution capabilities and the project’s advanced status. The primary consideration for some buyers involves the core-and-shell delivery for townhouses, which requires additional investment for interior finishing. However, this approach allows customization to personal preferences rather than accepting standard developer finishes.
The Sixth Settlement location, while increasingly developed, still feels somewhat removed from central Cairo for buyers accustomed to more established neighborhoods. This characteristic appeals to those seeking quieter environments but may concern families with frequent commitments in older areas. The trade-off between tranquility and proximity to legacy neighborhoods represents a personal preference rather than an objective limitation.
Construction timelines, while currently on track, always carry inherent uncertainty in real estate development IL Cazar historical performance provides strong assurance, but external factors like supply chain disruptions or regulatory changes can affect schedules. Buyers should plan for potential minor delays rather than assuming exact delivery dates, though the developer’s 70% completion significantly reduces this risk compared to early-stage projects.
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