Squares Developments prepares to launch Phase Two of Sage Lakes Residence. This step follows the exceptional success of the first phase.
Phase One sold out completely in record time. This achievement reflects strong market confidence in the company’s vision.
It also confirms the credibility of Squares Developments in a competitive market.
Haroun Abdelghany, Chief Commercial Officer, confirmed readiness for expansion.
He stated that the company moves forward backed by tangible on-ground results.
The strategy focuses on quality planning, prime locations, and flexible payments.
Sage Lakes Residence is located in the R8 district of the New Administrative Capital.
The project sits directly on the Eastern Axis. It lies adjacent to services, a sports club, a university, and a hotel.
The project enjoys frontage on three main streets. It overlooks the main axis of the R8 district. This positioning enhances accessibility and long-term value.
Sage Lakes Residence spans 35 feddans. It offers diverse residential unit types. These options serve different customer segments.
Townhouses in three models, ranging from 196 to 300 square meters. Apartments ranging from 70 to 258 square meters. All units enjoy open and unobstructed views.
The project includes a Central Park covering 3.5 feddans. It features four clubhouses within green open spaces.
Landscaping includes aromatic sage plants for environmental value.
Squares Developments appointed DFS as the project management company.
This ensures high operational efficiency and sustainable community standards.
The first phase achieved full sell-out in a short time.
Over 250 real estate marketing firms supported sales as strategic partners.
This success accelerated preparations for Phase Two.
Phase Two will introduce 500 new residential units.
Total project sales exceeded EGP 15 billion.
The development also includes a commercial mall on the main façade.
The delivery timeline is four years from contract signing.
The year 2026 marks the official start of construction activities.
Excavation and fencing begin in the first half of 2026.
Concrete works start in the second half of the year.
Current payment plans extend up to 12 years.
Down payments start from 1 percent. More flexible systems will launch in 2026.
Sage Lakes Residence is part of a wider development portfolio.
Squares Developments continues expanding in the New Administrative Capital.
West View is a mixed-use development in Downtown New Capital.
It overlooks the Iconic Tower with a direct view.
The project includes ground floor plus eleven floors.
West View features a 30 percent building ratio.
Unit sizes range from 33 to 1,000 square meters. Total sales reached EGP 2.5 billion.
Remeny is located on Al-Amal Axis near Sports City. It spans 7,000 square meters.
The project includes commercial, hotel, medical, and administrative uses.
R8 remains one of the most densely populated districts.
The presence of universities drives serviced housing demand.
Squares Developments plans to launch four projects annually.
The company aims to strengthen its position in the Egyptian real estate market.
Its strategy focuses on quality, sustainability, and scalable growth.
