Glen Compound New Cairo by IL Cazar
6th Settlement, South 90th Street, New Cairo
- 2 – 5
- 2 – 4
- 120 – 280
Starting from 8.14M EGP

Last Updated: September 2026
Vea New Cairo Compound offers an exclusively villa-based residential community developed by IL Cazar Developments, spanning 100 feddans in Sixth Settlement, New Cairo, and comprising only 417 residential units, according to the project data.
The project features standalone villas and townhouses with total building areas starting from 180 square meters and reaching 275 square meters, with prices starting from EGP 18,000,000 (the 9-year installment price), payment plans starting with a 5% down payment and a second 5% payment after 3 months, with installments extending up to 10 years, along with a cash discount of up to 31%.
Vea follows a low-density concept, with buildings (Foot Print) accounting for only 14% and approximately 80% allocated to green areas and landscaping, in addition to a health and social club (Clubhouse) covering 5 feddans and 4 electronic gates. According to the project data, it is located at the highest residential point in Sixth Settlement.
Units are delivered in Core & Shell condition, with standalone villas delivered within 2 years and townhouses within 3 years.
Vea Compound is located in Sixth Settlement, New Cairo, just 3 minutes from the Middle Ring Road. It is limited to standalone villas and townhouses, with no apartments or duplexes, following a Boutique Community concept that makes the villa the centerpiece of the residential experience.
According to the project data, the name VEA is an abbreviation of Villas Élite Architecture, the philosophy behind the project in creating an exclusively villa-based, low-density community.
The project is led by Engineer Nader Khozam, Chairman of IL Cazar, in cooperation with Shaddad Group for contracting and construction, Chrome for project management, and Engineer Raef Fahmy for architectural supervision.
| Item | Details |
|---|---|
| Project Name | Vea Compound — Vea New Cairo |
| Real Estate Developer | IL Cazar Developments |
| Location | Sixth Settlement, 3 minutes from the Middle Ring Road |
| Project Area | 100 feddans |
| Number of Units | 417 residential units |
| Building Ratio (Foot Print) | 14% |
| Green Areas & Landscaping | Approximately 80% of the total area |
| Number of Gates | 4 electronic gates |
| Clubhouse | A dedicated area of 5 feddans |
| Exterior Design | Contemporary European with classic touches |
| Current Construction Rate | 70% |
| Unit Types | Middle Townhouse — Corner Townhouse — Standalone Villas |
| Total Building Area | From 180 to 275 square meters |
| Starting Price | EGP 18,000,000 (9-year installment plan) |
| Starting Price per Square Meter | EGP 100,000/m² |
| Payment Plans | 5% down payment + 5% after 3 months, with installments up to 10 years depending on the selected plan |
| Cash Discount | Up to 31% |
| Delivery Date | Standalone Villas: 2 years — Townhouses: 3 years |
| Finishing Type | Core & Shell |
| Contractor & Project Management | Shaddad Group for Contracting — Chrome |
| Architectural Consultant | Engineer Raef Fahmy |
For more details about the project, you can contact the Vea New Cairo Compound sales team at: 01117880843
Vea Compound is located in Sixth Settlement, New Cairo, just 3 minutes from the Middle Ring Road, in the newest eastern extension of New Cairo, at a location between Fifth Settlement and the New Administrative Capital.
Sixth Settlement follows a more recent urban planning approach than Fifth Settlement, with wider streets, larger green areas, and lower population density. According to the project data, Vea Compound is located at the highest residential point in Sixth Settlement, which may contribute to moderate weather, natural ventilation, and open views.

The surrounding area also offers educational and entertainment services, including the American University in Cairo, Future University, Cairo Festival City Mall, and the Downtown area of New Cairo.
According to the project data, the distances from Vea Compound to the main surrounding roads and landmarks are as follows:
| Location | Distance / Time |
|---|---|
| Middle Ring Road | 3 minutes |
| Ain Sokhna — Zaafarana Road | 5 minutes |
| Mohamed Naguib Axis | 5 minutes |
| Hyde Park Compound | 5 minutes |
| The Crest Project (IL Cazar) | 5 minutes |
| South 90th Street | 7 minutes |
| New Administrative Capital | 10 minutes |
| American University in Cairo AUC | 15 minutes |
| Future University and German University | 15 minutes |
| Cairo Festival City Mall | 20 minutes |
| Downtown New Cairo | 20 minutes |
| Cairo International Airport | 25 minutes |
| Madinaty and Mostakbal City | 25 minutes |
Vea is located within an area featuring several residential projects in Sixth Settlement, including:
The master plan of Vea Compound distributes 417 residential units across 100 feddans, with a building ratio (Foot Print) of only 14%. The buildings are arranged with comfortable distances between neighboring units, while water features and green areas serve as natural separators between villas, enhancing privacy.

The exterior design follows a contemporary European style with classic touches, featuring panoramic facades and large windows that allow natural light and ventilation.
The master plan also separates pedestrian paths from vehicle routes, with the residential area surrounded by green pathways for walking and cycling, while vehicle traffic circulates around the outer perimeter. The project includes 4 electronic gates distributed around its perimeter to organize entry and exit, as well as a clubhouse covering 5 feddans.

According to the project data, the construction rate has reached 70%, with the first phase completed and available for on-site viewing. It is preferable to confirm this with the sales team before contracting.
Vea Compound is limited to two types of units: townhouses and standalone villas, with no apartments or duplexes. The units are as follows:
Townhouse units are available in two types: Middle Townhouse and Corner Townhouse. Details of each are as follows:
The total building area of the Middle townhouse is 180 m² on an average land area of 153 m², distributed over three floors:

The total area of the Corner townhouse is 190 m² on an average land area of 234 m², distributed over three floors:

Standalone villas are available in three total building areas: 220, 250, and 275 m². They are delivered in Core & Shell condition, allowing the owner to choose the interior finishing. Details of each are as follows:
Standalone villas are available in three types: Type-A, Type-B, and Type-C. Details of each are as follows:
The total building area of the Type-A standalone villa is approximately 275 m² on an average land area of 415 m², distributed over three floors:

The total building area of the Type-B standalone villa is approximately 250 m² on an average land area of 353 m², distributed over three floors:

The total building area of the Type-C standalone villa is approximately 220 m² on an average land area of 342 m², distributed over three floors:

In general, total building areas range from 180 square meters to 275 square meters, with the unit types as follows:
| Unit Type | Total Building Area | Average Land Area | Delivery Date |
|---|---|---|---|
| Middle Townhouse (Middle) | 180 m² | 153 m² | 3 years |
| Corner Townhouse (Corner) | 190 m² | 234 m² | 3 years |
| Standalone Villa (Type-C) | 220 m² | 342 m² | 2 years |
| Standalone Villa (Type-B) | 250 m² | 353 m² | 2 years |
| Standalone Villa (Type-A) | 275 m² | 415 m² | 2 years |
Prices for Vea Compound units start from EGP 18,000,000 for the Middle Townhouse (9-year installment price), while the final price varies according to the unit type and area.
| Unit Type | Area | Starting Price |
|---|---|---|
| Middle Townhouse (Middle) | 180 m² | EGP 18,000,000 |
| Corner Townhouse (Corner) | 190 m² | EGP 20,900,000 |
| Standalone Villa | 220 m² | EGP 24,900,000 |
| Standalone Villa | 250 m² | EGP 28,400,000 |
| Standalone Villa | 275 m² | EGP 31,200,000 |
The prices mentioned above are the 9-year installment prices, not cash prices. The price per square meter in Vea Compound starts from EGP 100,000/m² and varies according to the unit type and its location within the compound.
IL Cazar offers three payment plans in Vea Compound. They share the same down payment but differ in the installment period and unit price, as follows:
| Plan | Down Payment | Installment Period | Additional Details |
|---|---|---|---|
| Plan One | 5% + 5% after 3 months | 9 years | At the unit prices mentioned above |
| Plan Two | 5% + 5% after 3 months | 8 years | 5% discount on the unit price |
| Plan Three | 5% + 5% after 3 months | 10 years | 5% increase in the unit price |
The project offers a cash discount of up to 31% of the unit price for buyers who prefer immediate payment.
Note: Based on the stated discount and increase percentages, the price of the least expensive unit starts at approximately EGP 17,100,000 under the 8-year plan and approximately EGP 18,900,000 under the 10-year plan. It is preferable to confirm the actual prices with the sales team.
IL Cazar delivers Vea Compound units in Core & Shell condition, including the structural framework and basic utility infrastructure. Standalone villas are delivered within 2 years, while townhouse units are delivered within 3 years.

Accordingly, Vea Compound offers the following:
To confirm the latest prices, available units, and payment plans, contact the Vea New Cairo Compound sales team at: 01117880843
The service system at Vea includes a clubhouse covering 5 feddans, a community park, water features, an outdoor fitness area, business and office buildings, fiber-optic infrastructure, and an integrated security system, allowing residents to access their daily needs within the project.

The project distributes only 417 residential units across 100 feddans, giving each unit a generous amount of land, while water features and green areas separate the buildings, enhancing privacy and reducing noise.
IL Cazar has allocated a separate area of 5 feddans for the clubhouse as a social and sports center for the project. It includes equipped gyms, multiple swimming pools with different depths, children’s areas, and spaces for seating and relaxation.
According to the project data, the development includes a Community Park, an Outdoor Fit Hub, and Water Features, in addition to Business Houses and offices within the project.
The project’s infrastructure relies on Fiber Optic networks to provide high-speed internet inside every villa, along with backup electricity generation solutions for emergencies and fire-fighting systems distributed throughout the project.
The project includes 4 electronic gates distributed around its perimeter to organize the movement of residents and visitors, with private access codes for owners, high-definition surveillance cameras, and security teams operating 24 hours a day, in addition to separating vehicle and pedestrian routes.
| Category | Available Services |
|---|---|
| Security & Guarding | 24-hour security, high-definition surveillance cameras, 4 electronic gates with access codes |
| Sports & Entertainment | Various swimming pools, equipped gym, outdoor fitness area, running, walking and cycling paths, sports courts |
| Commercial Services | Commercial area, restaurants and cafes, supermarket, pharmacies, Business Houses and offices |
| Family Care | International nursery, Kids Area, children’s play areas |
| Green Areas | Gardens, community park, artificial lakes, water features, landscaping surrounding the units |
| Parking & Mobility | Dedicated unit parking, separation of vehicle and pedestrian routes |
| Infrastructure | Fiber optics, fire-fighting systems, backup power solutions, periodic maintenance and cleaning services |
Vea is limited to standalone villas and townhouses ranging from 180 to 275 square meters within a low-density community. Therefore, the project offers an option for families looking for homes with spacious land areas and privacy.
Vea Compound distributes 417 residential units across 100 feddans, with a 14% building ratio and green areas accounting for approximately 80% of the total area. The three-bedroom Middle Townhouse suits medium-sized families, while the standalone villas of 220, 250, and 275 square meters provide larger options.
The project also includes a clubhouse covering 5 feddans, a nursery, Kids Area, walking and cycling paths, along with 24-hour security and four electronic gates.
The project is located in Sixth Settlement, 3 minutes from the Middle Ring Road. According to the project data, it is approximately 10 minutes from the New Administrative Capital, 15 minutes from the American University in Cairo, and 25 minutes from Cairo Airport, which may support rental demand from employees and faculty members in the area.
The variety of payment plans, with a down payment starting from 5% and installments extending up to 10 years, in addition to a cash discount of up to 31%, allows the buyer to choose the plan that best suits their financial strategy.
IL Cazar Developments is the investment arm of the Khozam Group, founded by Mr. Helmy Khozam in 1960. The company operates under the leadership of Engineer Nader Khozam, Chairman and CEO, relying on the parent group’s more than 60 years of experience in real estate valuation and investment.
The company officially began its real estate development activities in 2016 under the name “Go Khozam”, then restructured and changed its brand name to IL Cazar in 2019. Its projects focus on Heliopolis, New Cairo, and the North Coast.
According to the company data, it has launched more than 6 major projects across residential, coastal, and commercial sectors, and has delivered initial phases of its projects in Heliopolis. It is also expanding into Ras El Hekma and New Alamein. The company states that its communities are based on the values of integrity, innovation, and sustainable value.
| Project | Location | Type | Area |
|---|---|---|---|
| Vea Compound | Sixth Settlement | Residential — Villas and Townhouses | 100 feddans |
| Gleen Compound | Sixth Settlement | Integrated Residential | — |
| The Crest Compound | Fifth Settlement | Multi-Type Residential | 158 feddans |
| Creek Town Compound | First Settlement — Suez Road | Residential | 100 feddans |
| Stoda Sheraton Compound | Sheraton Heliopolis | Residential | — |
| Go Heliopolis Compound (Go Heliopolis) | Heliopolis | Residential — Apartments (Finished) | 18,000 m² |
| Nord Village (Nord) | New Alamein City | Coastal | 80 feddans |
| The C Village | Ras El Hekma — North Coast | Coastal | — |
| Safia Project (Safia) | Ras El Hekma — North Coast | Coastal | 180 feddans |
| Westdays (Westdays) | — | — | — |
| The Vill Mall (The Vill) | First Settlement | Commercial and Administrative | — |
Vea New Cairo Compound offers a villa and townhouse community spanning 100 feddans, comprising only 417 residential units, with approximately 80% of the area dedicated to green areas and landscaping and only 14% allocated to buildings, along with a clubhouse covering 5 feddans and 4 electronic gates.
Unit areas range from 180 to 275 square meters, with prices starting from EGP 18,000,000, a down payment starting from 5%, and installments extending up to 10 years depending on the selected plan, along with a cash discount of up to 31%. Units are delivered in Core & Shell condition within 2 years for villas and within 3 years for townhouses.
People interested in buying at Vea Compound usually ask the following questions:
IL Cazar Developments is the developer of Vea Sixth Settlement Compound.
Vea is located in the heart of Sixth Settlement, New Cairo, just 3 minutes from the Middle Ring Road.
Vea Compound is developed over 100 feddans, with a building ratio of 14% and green areas and landscaping accounting for approximately 80% of the total area.
The project includes only 417 residential units, according to the project data.
Vea includes standalone villas, Middle Townhouses, and Corner Townhouses, with no apartments or duplexes.
The total building area of the Middle Townhouse is 180 m², while the Corner Townhouse is 190 m². Standalone villas are available in areas of 220, 250, and 275 m².
According to the unit plans, the Middle and Corner Townhouses include 3 bedrooms, while Type-A standalone villas (275 m²) include 4 bedrooms, one of which is a bedroom/living room, in addition to a maid’s room.
Prices at Vea start from EGP 18,000,000 for the Middle Townhouse (9-year installment price), while the Corner Townhouse starts from EGP 20,900,000. Standalone villas start from EGP 24,900,000 for 220 m², EGP 28,400,000 for 250 m², and EGP 31,200,000 for 275 m².
The price per square meter at Vea starts from EGP 100,000/m² and varies according to the unit type and its location within the compound.
Payment plans start with a 5% down payment and a 5% payment after 3 months, followed by installments over 9 years at the announced prices, or over 8 years with a 5% discount on the unit price, or over 10 years with a 5% increase in the unit price.
The cash discount reaches up to 31% of the unit price. The announced prices are installment prices, not cash prices.
Standalone villas are delivered within 2 years, while townhouse units are delivered within 3 years.
All units are delivered in Core & Shell condition, which includes the structural framework and basic utility infrastructure.
Vea includes a health and social club (Clubhouse) covering 5 feddans, with a gym, swimming pools, and children’s areas, as well as gardens, water features, a community park, an outdoor fitness area, business and office buildings, 4 electronic gates, 24-hour security, fiber-optic networks, a nursery and Kids Area, and walking and cycling paths.
| Project Details | |
|---|---|
| Project Name | Vea Compound |
| Location | Sixth Settlement, On the Middle Ring Road |
| Unit Sizes | 180 – 275 m² |
| Bedrooms | 3 – 4 Bedrooms |
| Bathrooms | 3 – 5 Bathrooms |
| Price / m² | EGP 100,000 |
| Payment Plan | 5% down payment over 10 years |
| Delivery | 2028 |
| Developer | IL Cazar Developments |
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Projected price / m² — —
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