With the rapidly increasing demand for luxury housing in the suburbs near Cairo, Lazura Developments presents its new project Lazura in the heart of the New Capital to meet the aspirations of buyers seeking a blend of elegant European design, integrated amenities, and a strategic location. The project targets a wide range of demographics, from families and newlyweds to investors looking to achieve exceptional rental yields. Lazura combines daily luxury with a balanced residential environment, making it one of the prominent projects that stands out in the Egyptian real estate sector. In this news report, we will comprehensively cover all aspects of the project from its geographic location to the available unit types and payment plans, focusing on the investment advantages that make Lazura an irresistible choice.
1. Overview of the Project
- Project Name: Lazura
- Developer: Lazura Developments
- Number of Buildings: One integrated residential building
- Ownership Type: Freehold - granting buyers full ownership rights with the freedom to sell or lease as desired
- Project Status: Under construction; construction began on December 22, 2025
- Expected Delivery Date: December 31, 2028, in the fourth quarter of 2028
- Available Property Types: Apartments (two or three bedrooms) and penthouses (three bedrooms)
2. Strategic Location
Lazura is located in the upscale residential hub of New Cairo, adjacent to compounds like Patio Oro and Palm Hills, offering a perfect balance between tranquility and easy access to major roads.
- Proximity to Highways: Overlooking Gamal Abdel Nasser Axis and the Ring Road, facilitating access to central Cairo, Cairo International Airport, and industrial zones.
- Nearby Public Facilities: Surrounded by international schools, universities, commercial centers like "The Mall of Egypt" and "City Stars," and prestigious hospitals like "Al Salam International Hospital."
- Natural Environment: The project is part of an open green space with serene water bodies, natural gardens, and jogging tracks, creating a peaceful and refreshing residential atmosphere.
3. Project Timeline
Stage Date
| Project Announcement | - (Specific date not specified)
| Construction Commencement | December 22, 2025
| Expected Unit Delivery | December 31, 2028
These dates demonstrate the developer's commitment to completing the project within the specified timeframe, allowing ample time for finishing and furnishing to the highest quality standards.
4. Available Unit Types and Specifications
A. Two-Bedroom Apartments
Lazura offers three different layouts for two-bedroom apartments ranging in size from 107 to 113 square meters.
- Type 1 with an area of 107 sqm features one bedroom, one bathroom, and an open layout maximizing natural light.
- Type 3 covering 112 sqm includes an additional bathroom, suitable for small families or couples seeking more privacy.
- Type 2 spanning 113 sqm offers three bathrooms, providing a unique option for those seeking extra comfort and spacious living areas.
B. Three-Bedroom Apartments
The project features nine layouts for three-bedroom apartments ranging from 107 to 158 square meters, all equipped with three bathrooms for resident comfort.
- Type A at 107 sqm is the smallest three-bedroom unit, ideal for families looking for a compact space with modern design.
- Type B at 138 sqm adds a larger living area and a balcony overlooking green spaces.
- Types 3 to 9 gradually increase in size up to 158 sqm in Type 9, offering buyers the flexibility to choose the ideal size based on their family needs and desired level of luxury.
C. Three-Bedroom Penthouses
The penthouse at Lazura is the luxurious choice for those who prefer living on the top floors with panoramic views of artificial lakes and green spaces. It is available in three layouts:
- Type 1 covering 132 sqm features three bathrooms and a private balcony for privacy and independence within the compound.
- Type 2 at 134 sqm adds extra space to the master bedroom with an ensuite bathroom.
- Type 3 with 151 sqm is the largest, offering a comprehensive living, dining, and entertainment space with wide views of the entire project.
5. Prices and Payment Plans
The initial price for the project is 3,185,000 Egyptian pounds, a fixed price from which all units start before any adjustments or updates. This value serves as a clear entry point for buyers, demonstrating the developer's transparency in unit pricing.
Payment Plan
To cater to buyers' comfort and accommodate various budgets, Lazura offers five flexible payment options, each varying in down payment percentage and duration:
- Option 1: Requires no mentioned down payment (0%), with installments spread over six years, suitable for clients preferring to start occupancy without initial costs.
- Option 2: Requires a 5% down payment, with a repayment period of seven years, striking a balance between the upfront amount paid and installment distribution.
- Option 3: Requires a 20% down payment, with installments over eight years, suitable for investors with moderate initial liquidity.
- Option 4: Imposes a 30% down payment with repayment over nine years, reducing monthly installment burdens and shortening the repayment period accordingly.
- Option 5: Specifies a down payment of 40% with repayment extended to ten years, offering low and stable installments for investors or families preferring reduced monthly commitments.
All plans are interest-free, enhancing their attractiveness in a market characterized by rising bank interest rates.
6. Facilities and Services within the Compound
Lazura goes beyond residential units, providing a comprehensive range of facilities that enhance the quality of life within the compound, offering residents everything they need in one place:
- Security: 24/7 CCTV surveillance system, trained guards, and automatic gates ensuring complete safety for residents.
- Swimming Pools: The compound includes a main pool for adults and dedicated pools for children, offering opportunities for sport and relaxation in a comfortable atmosphere.
- Green Areas: Natural gardens and open green spaces contribute to improving the internal climate and providing fresh air, along with serene water bodies adding aesthetic value to the area.
- Gym: Equipped gym with state-of-the-art facilities, fitness areas, and group exercise spaces.
- Children's Play Area: A safe and specialized space for children with interactive games, ensuring a fun environment for families.
- On-Site Maintenance: A specialized maintenance team ensuring the quality of facilities and structures around the clock.
- Running Tracks: Dedicated running and walking tracks with nighttime lighting ensuring user safety at all times.
These facilities demonstrate Lazura's commitment to providing a comprehensive residential environment meeting the needs of all age groups and supporting a healthy and balanced lifestyle.
7. Investment Advantages
- Prime Geographic Location: Proximity to upscale residential compounds, international schools, hospitals, and shopping centers creates a steady demand for rentals.
- Freehold Ownership: Providing buyers with full rights to sell or lease the property enhances its investment value.
- Modern European Architectural Design: Adding aesthetic and practical value distinguishes the unit in the market, contributing to capital value appreciation over time.
- Comprehensive Facilities: Having all necessary living amenities within the compound reduces the need for additional spending on external services, making the unit more attractive to tenants.
- Interest-Free Flexible Payment Plans: Facilitating buyers' purchase decisions and encouraging investors to engage in the project without significant financial burdens.
- Expected Property Value Increase: Given the continuous population and economic growth in New Cairo, property prices are expected to continue rising, ensuring high rental returns in the medium and long term.
8. Technical and Construction Details
- Number of Floors: The building is expected to have several floors (ranging from 12 to 15 floors) with a smart distribution of apartments and penthouses to provide exclusive views for each unit.
- Materials Used: High-quality construction materials following Euro-Code standards, including processed glass facades, advanced thermal insulation panels, and steel reinforcements for structural stability and a modern appearance.
- Power Systems: The project includes a solar power system to supply some public facilities with electricity, reducing energy consumption and promoting project sustainability.
- Sanitation System: A modern sanitary system with small treatment stations within the compound to ensure water quality and recycling for green spaces.
