Iona Residence Compound New Cairo by Khuta Developments

Last updated: September 2026

Iona Residence Compound New Cairo is the first Egyptian development by Khuta Developments, positioned along the Cairo Ain Sokhna Road extension and directly adjacent to Hyde Park, within the Golden Triangle belt.

The project offers apartments and garden villas starting from 53 sqm, with prices starting at EGP 2,750,000, a 5% down payment and installments stretching up to 8 years with no interest, alongside a cash discount of up to 10% for cash purchases, Delivery is scheduled for 2030.

The developer brings more than 30 years of UAE market experience into its first Egyptian launch, and that background shows in how the project is built and run, from solar-powered facilities to facial recognition gates.

Iona Residence Compound Fact Sheet

Item	Details
Project name	Iona Residence Compound
Developer	Khuta Developments
Developer background	UAE-rooted company with 30+ years of track record, previously trading as Bin Shehab Developments
Location	Cairo Ain Sokhna Road extension, adjacent to Hyde Park compound
Unit types	Apartments (1, 2 and 3 bedrooms) plus garden villas
Unit sizes	From 53 sqm to 153 sqm
Prices start from	EGP 2,750,000
Price per meter	From around EGP 49,000 to EGP 51,900 depending on the unit
Payment plan	5% down payment at contract + 5% after 3 months, up to 8 years interest-free
Cash discount	10% off the total unit price
Delivery date	2030 (within 4 years of the contract date)
Finishing type	Final touch: the company completes the final finishing touches, taking 3 to 6 months
Design consultant	Omar Aqil

Iona Residence Compound Location in the 6th Settlement

The project sits along the Cairo Ain Sokhna Road extension, on the eastern edge of the district triangle that opens directly onto the New Administrative Capital connections.

While remaining inside the Golden Triangle belt where most of the area’s new residential launches are concentrated, Reading the micro-location precisely matters more than the district name.

This is not a mid-triangle plot and it is not on South 90th Street, it is on the eastern flank, where the price per meter is lower and the highway access is faster.

The compound’s immediate neighbour is Hyde Park, a point the developer leans on openly when marketing the site, since Iona Residence benefits from the services and infrastructure Hyde Park pulled into the area without carrying its price tag.

A short drive further sit Maliv and Alca compounds, which means the surrounding belt is an established residential cluster rather than isolated land.

In traffic terms, the project is served by three axes running in different directions:

• The Sokhna Road opens toward Ain Sokhna and the Red Sea.
• The Mid-Ring Road connects to the rest of Greater Cairo.
• The Suez Axis handles the northern direction toward Heliopolis.

That spread reduces how dependent residents are on any single road at peak hours, To see the wider picture of what else is launching around it, browse the full directory of compounds in the district,

Landmarks Near Iona Residence Compound

Landmark	Drive time
Cairo – Ain Sokhna Road	3 minutes
Hyde Park compound (immediate neighbour)	5 minutes
Modern British School	5 minutes
Maliv and Alca compounds	5 – 7 minutes
Mid-Ring Road	7 minutes
Royal Care Medical Center	7 minutes
Suez Axis	10 minutes
Cleopatra Hospital New Cairo	10 minutes
American University in Cairo (AUC)	12 minutes
New Administrative Capital	15 minutes
Cairo International Airport	30 minutes

Nearby and Similar Compounds in the 6th Settlement

The five projects below were selected on two grounds: genuine geographic proximity to Iona Residence, and closeness in entry price for anyone comparing units in the same bracket.

• Hyde Park Central:

Iona Residence Compound’s immediate neighbour along the Hyde Park extension, offering units from one bedroom up to five bedrooms across sizes of 69 to 340 sqm, with prices starting from EGP 5,950,000.

• Maliv Compound:

One of the closest neighbours to the project, covering a wide band from 43 to 298 sqm across apartments and townhouses, with prices starting from EGP 3,200,000.

• Alca Compound:

Located on the Mid-Ring Road a few minutes from Iona new cairo, offering apartments from one to three bedrooms across 86 to 227 sqm, with prices starting from EGP 5,500,000.

• Illume Residence:

The closest match to Iona new cairo compound on entry price, with units starting from EGP 2,440,000 and sizes from 58 to 216 sqm covering studios up to four bedrooms, next to Tierra compound.

• Cairova Compound:

A direct alternative in the same price bracket starting from EGP 2,710,000, with compact sizes from 46 to 143 sqm on a main street beside the service spine.

Iona Residence Compared to Neighbouring Projects

Project	Position in the district	Unit types	Smallest unit	Largest unit
Iona Residence	Ain Sokhna Road extension	Apartments + garden villas	53 sqm	153 sqm
Hyde Park Central	Hyde Park extension	Apartments, townhouses, villas	69 sqm	340 sqm
Maliv	New Cairo, district core	Apartments and townhouses	43 sqm	298 sqm
Illume Residence	Next to Tierra compound	Studios and apartments	58 sqm	216 sqm

 

Iona Residence Compound Unit Types, Sizes and Prices

The product mix is built on four models only, and that deliberate simplicity makes comparison easier instead of burying the buyer under dozens of layouts.

The range opens with a one-bedroom apartment aimed at investors and the rental market, and closes with a garden villa that delivers a private garden inside a project that is otherwise mostly residential buildings, with two family layouts in between.

Unit type	Size (sqm)	Bedrooms & bathrooms	Price starts from (EGP)	Price per meter (EGP)
1-bedroom apartment	53	1 bed – 1 bath	2,750,000	51,900
2-bedroom apartment	93	2 beds – 2 baths	4,560,000	49,032
3-bedroom apartment	137	3 beds – 3 baths	6,720,000	49,051
Garden villa	From 153	3 beds – 3 baths + garden	7,500,000	49,020

The prices listed are installment prices, and the price per meter is calculated by dividing each announced price by its announced size, which is why it ranges from roughly EGP 49,000 to EGP 51,900 depending on the unit.

Prices last updated: September 2026

For the latest prices and unit availability, call the Iona Residence Compound sales line: ‎+201117880843 or reach us on WhatsApp

Iona Residence Compound Payment Plans and Delivery

The developer has released two options so far, one long-term installment plan and one cash route with a direct discount, both published with clear figures that let a buyer calculate the monthly burden before signing.

Plan	Down payment	Payment period	Details
Standard installment plan	5% at contract + 5% after 3 months	8 years	Equal installments, no interest or added commissions
Cash purchase	Full value	Single payment	Immediate 10% discount on the total unit price

Example: the smallest unit in the project 53 sqm is priced at EGP 2,750,000, Under the installment plan, the buyer pays EGP 137,500 at contract signing and EGP 137,500 after 3 months. with the remaining EGP 2,475,000 spread over 8 years, roughly EGP 25,780 per month.

With a cash purchase, the buyer pays EGP 2,475,000 in a single payment after a 10% discount of about EGP 275,000.

• The difference between the two routes comes down to this: do you prefer to spread the amount over 8 years, or pay it all now and save 10%?

The maintenance deposit is 10% of the unit value, while the reservation fee has not been officially announced yet and can be confirmed on ‎+201117880843.

Delivery Timeline and Finishing Iona Residence New Cairo Compound

Delivery is set for 2030, four years from the contract date.

Units are handed over under the Final touch system, meaning the company completes the final finishing touches on the unit within 3 to 6 months, It is worth confirming the details of these finishing touches and having them written into the contract at reservation.

Iona Residence Compound 6th Settlement Design and Master Plan

Iona Residence project is built on 14 feddans with a building ratio of only 20%, which means most of the land is dedicated to services and open spaces.

All units face north, which improves ventilation and natural light and eases summer heat, The design starts from the biophilic school of architecture.

Which treats natural elements as part of the structural framework rather than as decoration added at the end, so water features and planted areas are distributed as separators between residential blocks instead of packing the buildings first and landscaping whatever is left.

That distribution produces a principle repeated throughout the project description:

• No units face each other across short distances.
• The green and water separators prevent balconies from sitting directly opposite one another.

which gives every unit an open outlook and visual privacy regardless of the floor it sits on, Facades rely on wide glazed surfaces in neutral tones that pull in the maximum amount of daylight.

A choice that is as functional as it is aesthetic, since it reduces reliance on artificial lighting inside the unit during the day and trims the electricity bill.

The most distinctive layer here is the operations layer, Public facilities and internal street lighting run on solar energy, supported by an internal network managing utilities waste and electricity.

That has a direct effect on the monthly maintenance burden owners carry after handover, and places the project closer to the newer generation of sustainable communities than to the standard local build.

At master plan level, buildings are arranged in clusters threaded with pedestrian walkways and cycling tracks separated from vehicle movement, with underground parking that keeps internal streets clear of parked cars.

The buildings are divided into groups labeled A, B, C, D and S, The design consultant is Omar Aqil, who oversees the engineering of the project.

Iona Residence Compound Facilities and Amenities

Iona Residence Compound combines everyday services, leisure facilities and smart operations, covering most of a resident’s daily needs inside the compound.

• Solar-Powered Facility Operations

The compound runs its public facilities and internal street lighting on solar energy, which is a rare feature at this price bracket because its impact is not felt at purchase but after handover.

The more a compound relies on a self-generated energy source, the less upward pressure builds on the annual maintenance fees residents pay for lighting, elevators and irrigation.

Alongside it, an internal network manages utilities, waste and electricity centrally, shortening response times on operational faults inside the project.

• Facial Recognition Gates and Smart Control

Access does not depend on codes or windscreen stickers but on facial recognition technology, a difference that is practical rather than merely technical, since it stops entry credentials from circulating among non-residents and clears the bottleneck at the gate during peak hours.

The system is completed by round-the-clock surveillance cameras covering entrances and internal routes, plus smart lighting that adjusts output based on movement and time of day.

• Clubhouse, Spa and Wellness Center

The project includes a social club fitted with a full gym, alongside a spa and wellness center within the compound’s own amenities.

Having a wellness facility inside a project of this size changes how it gets used, turning the clubhouse from an occasional events space into a daily amenity and reducing the need for external club memberships, which in turn supports occupancy rates and rental value later on.

• Mall, Nursery and Kids’ Area

The project includes an integrated mall of 9,500 sqm, along with a nursery and a kids area inside the compound, serving families’ daily needs.

Core Services at Iona Residence Compound

Category	Available services
Security	24-hour security, surveillance cameras, facial recognition gates
Sports and leisure	Swimming pools, gym, clubhouse, jogging and walking tracks, cycling lanes
Commercial	Retail strip with restaurants, cafés and shops
Green areas	Landscaping, water features and kids’ play areas
Parking	Underground parking for residents and visitors
Management	Facility management, periodic maintenance and cleaning services

Who Is Iona Residence New Cairo Compound For?

The project appeals to more than one type of buyer, from families seeking comfortable living in an integrated compound to investors looking for an accessible entry point, Here is a closer look at each category.

Iona Residence Compound for End Users

The project suits a family that wants a unit inside a gated community with full services at a price per meter of around EGP 49,000 to EGP 51,900, a level that is hard to find inside the Golden Triangle belt itself.

Families with school-age children benefit from the Modern British School being 5 minutes away, while urgent medical needs are covered by Royal Care Medical Center at 7 minutes and Cleopatra Hospital New Cairo at 10 minutes.

The low building ratio of 20%, the north-facing orientation of all units, and the presence of a nursery, kids area and mall inside the project also make it a good option for families.

The garden villa in particular serves a narrow but important segment: the family that wants a private garden and a ground-floor entrance on a budget of EGP 7,500,000, while villas in neighbouring projects start well above that.

Separating vehicle movement from pedestrian walkways also makes moving around the compound safer for children, a practical criterion residents judge daily after handover.

Iona Residence Compound for Investors

• First:

The investment point is the entry ticket itself, Units start at EGP 2,750,000 with a down payment of EGP 137,500 (5%) at contract signing, which is among the relatively low entry levels across projects launching along the Sokhna Road stretch, opening the door to smaller investors who are not targeting a large unit.

• Second:

The payment structure is itself an investment tool, A 5% down payment at contract plus 5% after 3 months, with installments over 8 years.

 Locks today’s price per meter while spreading the load across a long period, while the cash route grants an immediate 10% discount for buyers with liquidity who prefer to cut the effective cost per meter.

• Third:

The 53 sqm unit is the fastest to resell on the secondary market given its low total value, Having the American University in Cairo 12 minutes away widens the pool of potential tenants among students and academics, and the mall and aqua park inside the project are an added draw for tenants.

Before deciding, it is worth cross-checking the range against the wider 6th Settlement price guide for the district.

For more details, please contact the Iona Residence sales number: +201117880843

About Khuta Developments

Khuta Developments is a UAE-rooted real estate developer that recently entered the Egyptian market through a single project, Iona Residence Compound.

The company is not a start-up in the literal sense: its track record began more than 30 years ago in the United Arab Emirates under the name Bin Shehab Developments.

Where it worked across contracting and development before bringing that execution experience to Egypt, That background explains the character of its first Egyptian launch.

The emphasis on smart operating systems, solar power and biometric gates is closer to the Gulf development school than to what is standard locally, and the decision to release only four unit models reflects a disciplined pricing approach rather than a sprawling product list.

On the commitment side, the company ties delivery to a four-year schedule from the contract date, a date the buyer can have written into the contract, while its execution record inside Egypt remains in formation given that Iona Residence New Cairo is its opening project.

Khuta Developments Track Record

The company’s earlier portfolio sits entirely outside Egypt, specifically in the UAE market across three decades under its former trade name. and it has not published a detailed list of those Emirati projects within the material it has released in Egypt.

Inside Egypt, the portfolio is limited to one project so far, which means assessing the developer locally relies on tracking construction progress at Iona Residence Compound itself more than on a prior Egyptian record.

Other Khuta Developments Projects

As of this update, the company holds only one project inside Egypt, Iona Residence Compound on the Cairo Ain Sokhna Road extension, and has not announced a second launch in any other city.

Some property portals have attributed Najm Compound in the Golden Triangle to Khuta, which is inaccurate, as there is no partnership or relationship between the two, It is worth watching out for this mix-up when comparing developers in the district.

Any discussion of Khuta’s Egyptian portfolio therefore remains tied to a single project, which makes the company’s upcoming launches an important indicator of how far it intends to expand locally.

Iona Residence New Cairo Compound Summary

• Positioned on the Cairo Ain Sokhna Road extension next to Hyde Park, 7 minutes from the Mid-Ring Road and 15 minutes from the New Administrative Capital.
• Four unit models only, from 53 sqm to 153 sqm, at a price per meter of roughly EGP 49,000 to EGP 51,900.
• Prices from EGP 2,750,000 with a 5% down payment at contract plus 5% after 3 months, and installments up to 8 years interest-free, or a 10% discount on cash purchase.
• 14 feddans with a building ratio of only 20%, and all units north-facing.
• Solar-powered facilities and street lighting, facial recognition gates, a clubhouse and a spa and wellness center.
• A 9,500 sqm mall, an aqua park, a padel court and a nursery.
• A developer with over 30 years of UAE experience, and delivery fixed for 2030.

To reserve a unit or ask about availability, call ‎+201117880843 or message us on WhatsApp.

Available daily from 10 AM to 10 PM

Frequently Asked Questions About Iona Residence Compound

Where exactly is Iona Residence Compound located?

The project sits on the Cairo Ain Sokhna Road extension within the Golden Triangle belt, directly adjacent to Hyde Park compound, 7 minutes from the Mid-Ring Road and 3 minutes from the Sokhna Road.

What is the price per meter at Iona Residence Compound?

The price per meter ranges from around EGP 49,000 to EGP 51,900 depending on the unit type, calculated from the announced prices divided by the announced sizes.

What are the unit prices at Iona Residence Compound?

Prices start at EGP 2,750,000 for a one-bedroom apartment of 53 sqm, EGP 4,560,000 for a two-bedroom of 93 sqm, and EGP 6,720,000 for a three-bedroom of 137 sqm, Garden villas start at EGP 7,500,000 from 153 sqm.

What is the lowest down payment to reserve a unit?

The down payment is 5% of the unit value at contract signing, which is EGP 137,500 on the smallest 53 sqm unit, followed by another 5% after 3 months, with the balance paid over 8 years in equal interest-free installments.

Is there a discount for cash purchase?

Yes, the developer grants an immediate 10% discount on the total unit price for cash payment, roughly EGP 275,000 on the 53 sqm unit.

Does the project include villas or only apartments?

The project includes one, two and three bedroom apartments at 53, 93 and 137 sqm, alongside garden villas starting from 153 sqm with a private garden.

When will Iona Residence Compound be delivered?

Delivery is set for 2030, four years from the contract date, and units are handed over under the Final touch system, where the company completes the final finishing touches within 3 to 6 months.

Who is the developer behind Iona Residence?

The project is developed by Khuta Developments, a UAE-rooted company whose track record began more than 30 years ago under the name Bin Shehab Developments, with Iona Residence as its opening project in the Egyptian market.

What is the maintenance deposit at Iona Residence?

The maintenance deposit is 10% of the unit value.

How big is Iona Residence Compound?

The project is built on 14 feddans with a building ratio of only 20%, and the rest is open spaces and services.

Are the units at Iona Residence north-facing?

Yes, all units face north, which improves ventilation and natural light.

What is Iona Residence Compound hotline?

To reserve a unit or ask about availability, the latest prices and payment plans at Iona Residence Compound, call the sales line: ‎+201117880843

What is Khuta Developments hotline?

To reach the company’s sales team and ask about its projects, call: ‎+201117880843