Al Ahly Sabbour announces the launch of phase II of their project, KEEVA, its latest endeavor on the 6th of October City, in partnership with the New Urban Communities Authority (NUCA), Invest-Gate reports.
KEEVA spreads across 144 acres, and is expected for delivery by the end of 2023, with a total investment of EGP 5 bn. Besides, the second phase has 200 units in addition to a commercial area with expected sales of EGP 1 bn.
Moreover, Al Ahly Sabbour aims for KEEVA to be a modern model project to set new standards for all new and modern real estate projects, through KEEVA’s iconic design, in addition to its variety of amenities – commercial, servicing, and entertainment.
In this context, Al Ahly Sabbour Chief Executive Officer, Ahmed Sabbour expresses his enthusiasm for launching KEEVA phase II, by saying, “ KEEVA is developed to provide a new dimension of residential real estate, stands as another step in our journey towards expanding across West Cairo. With great care to every detail, we ensured that KEEVA has a sufficient variety of amenities and facilities, in addition to its set of unique entertainment making this project ideal for families seeking tranquility, comfort, and security.”
It’s noteworthy that KEEVA’s design combines classic and contemporary architecture, the project is comprised of multi-storied, low altitude buildings (G+2) where all units have a front view. Moreover, the efficient master plan is designed to employ a concept called “Biophilic Design” where natural elements are in harmony with and integrated with buildings. This is exhibited through large glass facades that invite sunlight and greenery from the outside in, providing a comfortable and serene environment.
Additionally, 18% of the project’s area has been allocated to buildings’ footprint, while green spaces, gardens, water features, entertainment areas, and roads take up 82%.
For his part, Vice CEO Emad George states, “We were able to finish the marketing for the first phase of KEEVA with sales of EGP 1.5 bn, and phase II includes 200 units in addition to the commercial area, with expected sales of EGP1 bn. We already invested EGP 600 million on construction during 2021.”
It’s worth mentioning that KEEVA located on the 6th of October City, which will be delivered over 4 phases, offers a total of 1,138 units; villas start at 260 and 360 sqm, townhouses stand between 225 and 265 sqm, while residence apartment sizes range between 120 and 190 sqm.
The conference was held at the Four Seasons Hotel, Nile Plaza in the presence of Al Ahly Sabbour Chief Executive Officer, Ahmed Sabbour, Vice CEO Emad George, and Vice CEO Tamer Erfan.