Karim Sultan, head of HR and Administration at Dorra Group, revealed that the implementation rate at the company residential project in New Cairo, Address East, has reached 25%, after fully marketing 50% of the project’s units, Invest-Gate reports.

Dorra Group aims to complete marketing the whole project by next year, in a bid to begin its delivery in 2022, Sultan exclusively revealed to Invest-Gate on April 2.

Spanning across 60 acres in east Cairo, Address East features 1,700 units, varying between fully-finished apartments, duplexes, twin houses, and separate villas. Apartments range in spaces ranging from 121 up to 180 square meters, while duplexes cover around 210 square meters.

Potential buyers can benefit from the project’s extended payment plans, which reach up to eight years with 5% down payment, Sultan noted.

As for Dorra Group ‘s future schemes, he pointed out that the property developer is awaiting for more market visibility to set its expansion plans.