Major Projects in Egypt by Sky AD Developments:

1. Residence Eight – New Administrative Capital (District R8)

Land area: ~23 acres in the Diplomatic District, R8, central location near Green River, Open Club & embassies.

Unit mix: ~1,000 apartments and duplexes from ~110 m² (2 beds) up to 360 m² penthouses; garden units start from ~150 m².

Greenspace: 82% of land is dedicated to landscaping, lakes, promenades.

Sale performance: Sold out to the tune of EGP 1.95 bn in under a year—full launch sold (~100% units).

Payment options: Down‑payment from 5–10%, installments up to 10 years; flexible plans (e.g. 5% plus equal instalments for 8 years, up to 10 years interest‑free).

Delivery target: Q3 2025–early 2026, some sources note December 2025; others December 2028 or 2024 depending on phase.

Facilities and Lifestyle:

Clubhouse with spa, gym, cinema, library

Multiple pools (adult, kids, infinity), sports courts, jogging & promenade

Retail & dining strip ("Capital Avenue"), smart management, underground parking, 24/7 security.

2. Capital Avenue – Mixed‑Use District, New Capital (also in R8)

Size: Over 21,000 m² mixed-use development with retail, offices, clinics, serviced apartments and F&B units.

Award: Winner of African Property Award 2022 as one of the top mixed-use commercial projects in the region.

Payment & delivery: 11% down payment with up to 8‑year instalments; first units due Q3 2025.

Integration: Acts as the retail and lifestyle spine for Residence Eight residents and wider NAC community.

3. Bluetree – New Cairo Residential Development

Site: ~50 feddan (~50 acres) in Golden Square, New Cairo. Low density (19% built-up).

Units: ~1,300 residential, commercial & administrative units.

Sales momentum: Over EGP 2 bn sold in first six months after launch; won African Property Award 2023 in "Residential Projects Over 20 Units".

Payment: 5% down, 8‑year installment plan; Delivery expected around 2027.

Strategic Overview

Project Location Land Size Project Type Sales Volume Delivery Timeline Payment Plan Awards Residence Eight NAC District R8~23 acres Apartments & Duplexes~EGP 1.95 bn (100% sold)Q3 2025–2026 (some sources say later)5–10% DP, up to 10 yrs install.—Capital Avenue NAC District R8~21,000 m² Mixed‑use (offices/retail)Part of R8 development From Q3 2025 11% DP, 8 yrs installment African Property Award 2022 Bluetree New Cairo (Golden Square)~50 acres Mixed (residential/commercial)

Why Sky AD Stands Out in Egypt:

Rapid execution: Achieved full sell-out of flagship project within a year during their market debut.

Strong investment backing: Committed ~EGP 15 bn across projects including Residence Eight, Capital Avenue and Bluetree.

Recognition: Two flagship awards from African Property Awards (2022 for Capital Avenue, 2023 for Bluetree).

Integrated design vision: Blends green spaces, retail, smart infrastructure and community-centric planning into all developments.

Additional Notes:

Completeness of delivery dates: Multiple sources quote different delivery targets (2025, 2026, 2028); best to verify specific phases with sales representatives.

Affordability context: NAC homes—including Sky AD's units—are often cited as expensive relative to average local incomes, with median apartment pricing in the 3–10 million EGP range.