Sage Lakes Residence

Developer History: Squares Developments

Squares Developments is a rapidly ascending name in the Egyptian real estate market, officially making its mark in early 2025 with a massive investment plan of EGP 50 billion. The company is backed by a group of industry titans with deep roots in construction and contracting:

• Leadership: Steered by Chairman Talaat Gorgous (who brings decades of experience as a co-founder of Modon and House Building) and Vice Chairman Eng. Hany Gorgous.
• The "Squares" Philosophy: Their name reflects an urban design strategy that uses public squares as the heart of a community to ensure better light, ventilation, and social interaction.
• 2026 Milestone: As of January 2026, Squares Developments has achieved a major milestone by completely selling out Phase 1 of Sage Lakes Residence. The company has officially designated 2026 as the "Year of Construction," with excavation and boundary wall work beginning in the first half of this year.
• Key Portfolio:
• Remeny Gloria Inn (New Capital): A luxury hotel-medical hub in MU-23.
• West View Mall (Downtown): An 11-story business complex with a direct view of the Iconic Tower.
• West Mark Mall (Sheikh Zayed): The developer's flagship expansion into West Cairo.

Project Details: Sage Lakes Residence

Sage Lakes Residence is a 34-acre (approx. 143,000 $m^2$) eco-conscious compound designed by the renowned Dr. Mohamed Hafez. The project is famous for its "Aromatic Strategy," where 3.5 acres are dedicated to a Central Park planted with Sage (Maramia) and other aromatic plants to enhance the environmental quality and well-being of residents.

• Low Density: Only 20% of the land is dedicated to construction, while 80% is reserved for greenery and a network of shimmering artificial lakes.
• Unit Types & Sizes (2026 Update):
• Studios: Efficient luxury starting from 53 $m^2$ to 55 $m^2$.
• Apartments (1–4 Bedrooms): Ranging from 65 $m^2$ to 258 $m^2$.
• Duplexes: Spacious luxury units starting from 212 $m^2$ to 340 $m^2$.
• Townhouses: Available in three models ranging from 196 $m^2$ to 300 $m^2$.
• Finishing Systems: Squares offers a unique "Flexi-Finished" system alongside Red Brick and Ultra Super Lux options.
• Delivery: The project has a 4-year delivery timeline, with the first phase of handovers expected in 2029.

Project Location

Sage Lakes sits in a prime "Service-Adjacent" spot in the R8 District (Plot M6), which is widely considered the quietest and most residential-focused district of the New Capital.

• Prime Access:
• Directly on the 90m wide Central Axis and the Al-Amal Axis.
• 3 minutes from the Iconic Tower and the Monorail Station.
• Minutes away from the Diplomatic District and the Sports City.
• Neighboring: Directly overlooks the Al Maqsad Villas community and is adjacent to a major university and hotel zone.

Facilities & Amenities

The compound is managed by DFS (Destination Facility Services) to ensure five-star standards:

• Four Clubhouses: Strategically distributed throughout the compound so every resident is near a social hub.
• Water Sanctuary: A massive series of artificial lakes that surround the "Villas Zone," providing tranquil views and a cool micro-climate.
• Family & Health: A world-class Spa (Jacuzzi/Sauna), high-tech gyms, and a secure children’s area with 24/7 monitoring.
• Smart Living: High-speed fiber-optic internet across the compound, smart gates with electronic entry, and a large central mosque.
• Convenience: A designated Commercial & Medical Plaza featuring international brands, pharmacies, and bank branches