STODA Residence Sheraton by IL Cazar: Phase 2 Units from EGP 10.35 Million

STODA Sheraton spreads over a large area that allows buildings, green spaces and service zones to be laid out without crowding, and includes apartments, duplexes, administrative units and retail shops. The launch of Phase 2 of STODA Residence adds a new group of residential and investment units, with apartment prices starting from EGP 10.35 million, alongside office and commercial space serving the project's residents and the surrounding area.

IL Cazar Developments is implementing the project, drawing on its experience in developing a range of residential and commercial projects, most notably Creek Town, The Crest, Creek District and West Days. With STODA Residence compound, the company aims to develop a destination that combines living, services and work in a location linked to the main axes of East Cairo.

The STODA compound in Sheraton (Heliopolis) is built on an area of about 113 feddans, roughly 474,600 m². The project is not planned as a set of residential buildings alone; it includes zones for living, business, retail and daily services, so residents can reach their basic needs inside the project or a short distance from it.

The masterplan allocates the largest share of the land to open areas, gardens, walkways and utilities, while buildings occupy a limited share of the total area. The buildings are relatively low-rise, made up in a number of the project's areas of a ground floor and four typical floors, which helps preserve privacy and keep residential density down.

STODA Heliopolis offers a varied mix of units, including:

• Apartments for sale in layouts from two bedrooms up to three, with areas varying by floor and the unit's position within the building.
• Ground-floor units with private gardens, suited to buyers looking for an outdoor space directly attached to the home.
• Duplexes for sale with larger areas and a two-level interior layout, suited to families who need to separate reception areas from the bedrooms.
• Penthouses on the upper floors, with generous areas and terraces that offer better views over the open areas.
• Offices for sale inside the business zone, with areas and designs dedicated to professional activities and companies.
• Retail shops for sale in selected areas that are easy for residents and visitors to reach.

The location is one of the strongest features of STODA Residence Sheraton, as it sits at the meeting point of Sheraton, Suez Road and the Autostrad, close to El Saaqa Street and El Nasr Road. This gives the project direct connections to several major areas of East Cairo, without relying on a single road for entry and exit.

The location of STODA Sheraton compound helps you reach:

• Cairo International Airport: the project is close to the airport zone, so it suits people working in aviation, tourism and international companies, and it also serves buyers who travel frequently.
• Sheraton and Heliopolis: STODA sits close to the residential neighborhoods and established services of Sheraton and Heliopolis, including schools, medical centers, restaurants and shops.
• Nasr City: El Nasr Road and the Autostrad lead to Nasr City and its commercial and administrative districts, including Abbas El Akkad Street, Makram Ebeid and the exhibition areas.
• Cairo–Suez Road: the road links the project to New Cairo, Madinaty, the New Administrative Capital and Mostakbal City, as well as the areas of East New Cairo.
• Ring Road: it makes it easier to reach the different parts of Cairo and Giza, especially through the entrances connected to Heliopolis and Nasr City.
• New Cairo: you can travel from STODA Residence to the 5th Settlement and the commercial areas around South 90th Street via Suez Road and the axes connected to it.

The many axes around the project give more flexibility in daily movement, and they also support the administrative and commercial units, which need a visible location that is easy to reach from more than one area.

The STODA project extends over about 113 feddans, and this area has allowed residential, administrative and commercial uses to be distributed across defined zones rather than placed haphazardly within the project. The planning is built around an integrated community in which the residential part keeps its privacy, with clear routes to the offices, shops and service areas.

Green spaces, walkways and services take up the largest share of the land of STODA Residence compound, while the buildings are concentrated in clusters surrounded by gardens and water features. The masterplan also provides suitable distances between buildings that let light and air through and give more units open views.

The project's masterplan includes a number of key elements:

• Low-rise residential neighborhoods: buildings in parts of the project consist of a ground floor and four floors, a height that suits quiet residential communities.
• Pedestrian walkways: the walkways connect the buildings, gardens and services, and let you move around STODA Sheraton away from the main vehicle routes.
• Cycling paths: the project provides dedicated paths for cycling and leisure travel in a safer setting.
• Underground parking: underground garages reduce the number of cars in front of the buildings and keep the residential areas looking orderly.
• Commercial zone: shops, essential services, restaurants and cafes that residents and visitors need.
• Administrative zone: offices and units dedicated to companies and professional activities, easy to reach from the surrounding roads.
• Green spaces and water features: spread among the buildings to offer better views and add open areas for relaxing and walking.

The design of STODA Residence relies on contemporary architecture with clean lines and calm colors, using glass surfaces and balconies that let in natural light. The design aims to strike a balance between the exterior look of the buildings and the practical function of the units inside.

Interior layouts vary with the size and type of the unit, but apartments generally separate the bedrooms from the living and reception area, with kitchens and bathrooms arranged to cut down on wasted space. Some models offer maids' rooms or storage space, while the ground-floor units feature private gardens and the penthouses wider terraces.

The duplex in STODA Sheraton offers two levels across which uses can be divided, for example the first level for reception, living and the kitchen, and the second for bedrooms and family privacy. This layout makes the duplex a suitable alternative to a villa for anyone who wants a large space inside a serviced residential building.

Phase 2 of the STODA project expands the offering inside the project with residential, commercial and administrative units released at the same time. This variety gives the phase an integrated character: a buyer can choose between a home, an office to run a business from, or a shop in an area with an expected resident base and traffic coming from the surrounding districts.

The residential price per meter in Phase 2 of STODA Residence starts from EGP 75 thousand and reaches about EGP 78 thousand, depending on the unit type, floor, location and view. The administrative price per meter starts from EGP 110 thousand, while the commercial price per meter starts from EGP 230 thousand.

The difference in price per meter between units does not mean a single price for each type; the final value is affected by the unit's area, frontage, the building's location and the premium-location percentage, as well as whether there is a garden or a large terrace. The exact cost is therefore set once you choose the unit and know its number and position within the Phase 2 masterplan.

Residential apartments in Phase 2 start from two bedrooms and then scale up to larger apartments with three bedrooms. This variety serves small and mid-sized families and offers different opportunities depending on the budget you need.

The main residential units on offer include:

• Two-bedroom apartments for sale in STODA Sheraton: areas start from 138 m², with a total price starting from about EGP 10.35 million. This size suits a small family that needs two bedrooms and a reception area with comfortable space, with the option of ground-floor units with a garden in some models.
• Three-bedroom apartments for sale in STODA Residence: starting from an area of 154 m², with total prices starting from about EGP 11.55 million. Other sizes such as 176 and 193 m² also appear in the phase's plans, giving larger alternatives for families.
• Ground-floor units with private gardens: some models are available with varied interior areas, and may come with gardens starting in some units from about 45 m². Garden size varies by building and unit position.
• Duplexes for sale in STODA Residence Sheraton: the model's area is about 242 m², and its total price starts from roughly EGP 18.15 million. It offers two interior levels and space suited to a large family.
• Penthouses for sale in STODA: models are available on the upper floors with areas of about 243 m², with terraces and views over the open spaces, depending on the units available when you choose.

The choice is not limited to the number of bedrooms; two units may be similar in total area yet differ in reception size, the number of bathrooms, terrace size and bedroom layout, so each client finds the model that suits them best.

Phase 2 prices are distributed by type of use and unit size as follows:

• Residential: the price per meter ranges between EGP 75 thousand and EGP 78 thousand. Two-bedroom apartments start from EGP 10.35 million for an area starting at 138 m, while three-bedroom apartments start from EGP 11.55 million for an area starting at 154 m.
• Duplex: the duplex, with an area of about 242 m², starts from EGP 18.15 million.
• Administrative: the price per meter ranges between EGP 110 thousand and EGP 120 thousand, and the total price is set by the office's size, its position within the building and its frontage.
• Commercial: the price per meter ranges between EGP 230 thousand and EGP 270 thousand. Pricing varies noticeably by floor, frontage, type of activity and the volume of traffic expected in front of the shop.

The total unit price is set by the area and the premium-location percentage tied to the position or view, and the final price appears in the financial offer for each unit.

The Expression of Interest (EOI) amount for Phase 2 of STODA is about EGP 100 thousand. This amount is used to show the client's seriousness and to set the priority order for selection when reservations open.

The written Expression of Interest form sets out the details of the EOI amount, including:

• Refund of the amount if the client does not choose a unit.
• Deduction of the amount from the contract down payment when the reservation is completed.
• How long the selection priority is held.
• What paying the amount secures: a fixed price or priority of attendance.
• The procedure followed if the required area or model is not available.

Payment plans in the project include a down payment starting from 10%, followed by an additional installment paid after a set period, with the balance spread over a term of up to ten years. The Phase 2 payment schedule is tied to the chosen unit, as the installment term and the percentage of payments differ between residential, administrative and commercial units.

The price offer for each unit sets out:

• The base unit price and the premium-location percentage.
• The reservation down payment and the next payment.
• The number of installments and how often they are paid.
• Any payment tied to delivery.
• The price of the garage or storage room if they are not included in the price.
• The maintenance deposit and how it is calculated.
• The set delivery date for the unit.
• Interior and exterior finishing specifications.
• Assignment or resale fees, if any.

The administrative offering is an important part of Phase 2, especially given the project's location close to Cairo Airport, Sheraton, Heliopolis and Nasr City. Prices per administrative meter range between EGP 110 thousand and EGP 120 thousand, depending on the office's size and its position within the building.

The offices in STODA Sheraton suit a number of activities such as consulting firms, law and accounting offices, travel companies, tech services and non-medical administrative clinics.

Commercial prices per meter in Phase 2 start from about EGP 230 thousand and reach roughly EGP 270 thousand. This gap comes from differences in the shops' locations, frontages, sizes and how visible they are to internal and external traffic.

The commercial zone serves the residents of STODA Sheraton compound, as well as office workers and visitors coming to the project. It can host daily activities such as restaurants, cafes, pharmacies, stores and personal services, depending on the activity permitted for each unit.

Choosing a shop calls for a study of the frontage, the width of the passage in front of it and its position relative to the entrances, garages and elevators, because these details affect expected traffic more than size alone.

The project's service plan includes a group of facilities serving living, work and retail, most notably:

• Green spaces: gardens are spread among the buildings to provide open views and areas for sitting and walking, and they reduce the feeling of density within the residential areas.
• Water features: lakes and fountains are part of the landscaping of the open areas, and act as a visual element linking the gardens and pedestrian walkways.
• Social club: provides a space dedicated to social and leisure activities, with facilities residents can use away from the residential buildings.
• Pedestrian promenade: allows movement between parts of the project along an organized route that does not depend entirely on the car.
• Cycling paths: give residents a space for sport and leisure travel inside STODA Residence.
• Underground garages: reduce car crowding in front of the buildings and help keep the internal roads more orderly.
• Commercial areas: provide services, stores, restaurants and cafes inside the project, reducing the need to go out for everyday needs.
• 24-hour security: includes organized gates, guard posts and monitoring of the entrances and shared areas.
• Facilities management and maintenance: specialized teams oversee the cleanliness of public areas, the operation of facilities and the upkeep of the gardens.
• Internal road network: separates vehicle traffic from pedestrian areas as far as possible, and links the entrances to the buildings, garages and services.

IL Cazar Developments is developing STODA Residence, a real estate company whose roots go back to Khozam Group, which began operating in the 1960s, before the real estate business was restructured under the current brand. The company is chaired by Eng. Nader Khozam, and in recent years it has expanded into developing residential, coastal and commercial projects in several locations.

In its projects the company chooses plots linked to major axes, offering different types of units rather than relying on a single residential model. This shows in STODA Sheraton, which brings apartments, duplexes, offices and shops together in a mixed-use masterplan.

Notable projects by IL Cazar Developments include:

• Creek Town New Cairo.
• Creek District New Cairo.
• The Crest New Cairo.
• Via 6th Settlement.
• Glen New Cairo.
• The Ville 1st Settlement.
• Ian New Cairo.
• Go Heliopolis.
• STODA Residence Sheraton.
• West Days.
• Park Side.
• Safia Ras El Hekma.
• The Sea Ras El Hekma.
• Nord New Alamein.

STODA Residence thus offers something different within the IL Cazar portfolio, because it combines a location in an established area, mixed-use planning, and a variety of residential and investment units in Phase 2.