VÉA Compound, 6th Settlement, New Cairo by IL Cazar

VÉA New Cairo is at an advanced stage of construction: structural works had reached about 70% when its launch was announced, with the first phases targeted for delivery in 2028. The project combines low residential density, a range of villa sizes and long payment plans, ideal for anyone looking for a family home in New Cairo.

IL Cazar chose the site of VÉA New Cairo in the 6th Settlement, directly on the Middle Ring Road, in the area between the 5th Settlement and the New Administrative Capital. This location connects residents to several main axes without having to cross New Cairo's congested internal streets.

From the project you can easily reach:

• South 90th Street and the service areas of the 5th Settlement.
• The Middle Ring Road.
• The Ain Sokhna Road.
• the American University in Cairo (AUC).
• The New Administrative Capital.
• Cairo International Airport, via the road network around New Cairo.

VÉA IL Cazar spans roughly 100 feddans, with a relatively small number of homes, no more than about 400 to 417 villas. This layout allows better spacing between units and more room for gardens, pathways and communal areas.

The architectural concept was created by architect Raef Fahmy, with contemporary design lines and calm façades that never overpower the green landscape around the homes. The villas are also designed so that living areas benefit from natural light, with private terraces and gardens linking the interiors to the outdoors.

Residential units in the compound VÉA are limited to townhouses and standalone villas; VÉA has no apartments. Built-up areas start at 180 m² and reach 275 m², with the land area varying by model.

Middle Townhouse

The middle townhouse has a built-up area of about 180 m², on an average plot of roughly 153 m².

Corner Townhouse

The corner townhouse has a built-up area of about 190 m², on an average plot of roughly 234 m². Its position at the end of the row gives it a more open frontage and more outdoor space, which usually shows in the unit's price and its resale value.

Standalone Villa Type C

Standalone villas start from a built-up area of about 220 m², on a plot averaging roughly 342 m². This model is fully detached from neighbouring homes, with a practical size for a family, without stepping up to the larger, higher-priced categories.

Standalone Villa Type B

This villa has a built-up area of about 250 m², and the average plot reaches around 353 m². The interior space allows a more generous layout of bedrooms, reception and service areas, with a garden surrounding more of the house.

Standalone Villa Type A

This model is the largest villa available in VÉA in the 6th Settlement, with a built-up area of about 275 m² and an average plot of up to 415 m². It suits families who need more rooms, spacious reception areas and greater privacy in the garden and at the entrances to the home.

Prices at VÉA Compound start from around EGP 18,227,343, while the value of each home varies with its type, plot size, its position within the project and how close it is to the gardens and services.

Prices for the different categories fall around the following ranges:

• 180 m² townhouse: starts from around EGP 18.2 million.
• 190 m² corner townhouse: the price rises with the plot size and the unit's location.
• 220 m² standalone villa: some offers start from around EGP 24 million.
• 250 m² standalone villa: prices have appeared starting from around EGP 27.5 million.
• 275 m² standalone villa: some offers start from nearly EGP 30 million.

IL Cazar offers more than one plan for paying for the villas. The core plans start with a 5% down payment, then a further 5% after 3 months, with the balance in instalments over up to 8 or 10 years.

Some current offers may include an option starting with a 2.5% down payment, with the rest spread over 8 or 10 years. The unit's price quotation sets out the payment details, because the available plan may differ depending on the booking date and the villa type.

The company is targeting delivery of the first phases in 2028, while delivery of other units may extend into 2029, depending on the phase and the construction schedule.

The project's facilities serve family living in a low-density community, spread across social areas, sports areas and everyday circulation zones, and include:

• A clubhouse of around 5 feddans: spaces for social activities, relaxing and spending time close to home.
• Gardens spread across the villa areas: they give units open views and keep buildings from crowding each other.
• Walking and jogging tracks: they connect the different parts of the project and provide space for daily movement.
• Dedicated cycling paths: they make it easy to get around and enjoy leisure time away from car traffic as far as possible.
• Sports facilities: for a range of activities inside the compound.
• An outdoor fitness centre: a practical alternative for working out amid open green space.
• Children's play areas: spread near the residential neighbourhoods so families can use them easily.
• A commercial area: covers daily needs and reduces the need to leave the project for basic services.
• Seating and gathering areas: they give residents places for get-togethers and family activities outside the homes.
• Electronic gates and a security system: to manage entry and monitor movement inside the compound.
• CCTV cameras: cover the entrances and shared areas to support a high level of safety.
• Facilities management and maintenance: takes care of the gardens, roads and shared areas.

The investment value of VÉA Compound in the 6th Settlement rests on a set of practical factors, not on its location alone.

The first is that the project is villa-only; this gives it a clear residential identity and makes it a fit for buyers looking specifically for homes with gardens and private entrances. The limited number of units also keeps the supply inside the project small, compared with large developments of thousands of mixed units.

Construction reaching an advanced stage before the launch narrows the gap between buying and handover, and lets the buyer judge part of the project on the ground instead of relying entirely on plans. The targeted start of delivery in 2028 also puts it sooner than other projects offered in the 6th Settlement with later dates.

The main investment strengths are:

• A direct location on the Middle Ring Road.
• The project's proximity to the 5th Settlement and the Administrative Capital.
• Units limited to townhouses and standalone villas.
• Low residential density relative to the land area.
• A clear range of built-up and plot sizes, offering more than one price bracket.
• Tangible progress in construction rates.
• Instalment periods of up to 10 years.
• A developer with a diverse portfolio of residential and coastal projects.

IL Cazar Developments is building the VÉA project, drawing on the experience of the Khazam family in the automotive and real estate sectors. In recent years the company has expanded through a series of residential, coastal and commercial projects in New Cairo, the North Coast and 6th of October City.

IL Cazar's portfolio includes a number of projects, most notably:

• Creek Town, New Cairo.
• The Crest, 5th Settlement.
• Glen, 6th Settlement.
• Go Heliopolis.
• Stoda, Suez Road.
• West Days, 6th of October City.
• Safia, Ras El Hekma.
• The Sea, North Coast.
• Park Side, New Administrative Capital.

Where is VÉA Compound located?

The project is in the 6th Settlement in New Cairo, directly on the Middle Ring Road, close to South 90th Street, the Ain Sokhna Road and the axes leading to the Administrative Capital.

Does VÉA have apartments?

No, the project is limited to townhouses and standalone villas, which keeps its character as a low-density residential community.

What are the villa sizes in VÉA New Cairo?

Townhouses start from 180 m², while standalone villas range from 220 to 275 m².

What are the starting prices at VÉA Compound, 6th Settlement?

Prices start from around EGP 18.2 million, and the final price varies with the villa type, the built-up and plot areas and its location within the project.

What is VÉA's instalment plan from IL Cazar?

The core plans start with a 5% down payment and a 5% payment after 3 months, with instalments over up to 8 or 10 years. Specific offers with a down payment starting from 2.5% may be available.

When will VÉA units be delivered?

IL Cazar is targeting delivery of the first phases in 2028, while each unit's final date is set in the sales contract.