Park Sight New Capital by IL Cazar: 2026 Guide

IL Cazar's first New Capital project

Park Sight is IL Cazar Developments' newest project and its first in the New Administrative Capital. Launched in June 2026 in the R4 residential district on 140 feddans, it fronts the South Mohamed Bin Zayed Axis and overlooks the Green River.

The concept is very low density, a huge central park and low-rise buildings, with launch prices and small down payments. Buyers also search "Park Side" or "Park Sit"; it is the same project.

Location

Park Sight is in R4, one of the Capital's lower-density residential districts, next to the Green River. Its main frontage faces the South Mohamed Bin Zayed Axis, which links the residential districts to the Government and Diplomatic districts and the Capital's international airport.

Master plan

1. About 13% building footprint on 140 feddans.
2. A central park of about 22 feddans and about 40 feddans of green space in total.
3. 5 residential zones.
4. G+3 buildings, with limited G+6 blocks.
5. Only 2–4 units per floor.
6. Phase 1 on about 20 feddans.

Contemporary glass façades face the green spaces, so most homes look onto landscape rather than other buildings.

Units

1. 2-bedroom: 102–124 m².
2. 3-bedroom: 137–146 m², with larger layouts up to 160 m².
3. Penthouses: up to 185 m².
4. Townhouses: from 170 m².

The mix suits first-home buyers, larger families who want a townhouse with a garden, and investors entering at launch pricing.

Prices and payment plans (2026)

June 2026 launch listings put 2-bedroom apartments from about EGP 4.3–4.9 million, 3-bedroom apartments from about EGP 5.7 million and townhouses from about EGP 15 million.

1. 2.5% down with up to 10 years of instalments.
2. 10% down over 10 years.
3. Shorter 8- or 6-year plans with price discounts.

Prices last reviewed October 2026. Launch prices usually rise phase by phase.

Delivery

Construction started in 2026, with handover scheduled for Q4 2030, about four years from launch. Confirm the contractual finishing level for each unit type before signing.

Amenities

1. Central park with walking and jogging trails.
2. Clubhouse and social areas.
3. Kids' areas.
4. A retail zone for residents.
5. 24/7 gated security.
6. Dedicated community management.

About IL Cazar

IL Cazar is the 2022 rebrand of Go Khozam, with no change in ownership, chaired by Eng. Nader Khozam. It delivered Go Heliopolis and began handing over Creek Town (100 feddans, Suez Road) in 2025. Its other projects include The Crest and Glen (New Cairo), Stoda (Heliopolis), Nord (New Alamein), and Safia and The C (Ras El Hekma).

Why Park Sight?

1. Green River frontage in one of the Capital's quietest districts.
2. About 13% density and a 22-feddan park.
3. Low-rise buildings with few units per floor.
4. From 2.5% down with up to 10 years to pay.
5. A developer that has already delivered.
6. First-phase pricing.

Park Sight FAQ

Where is Park Sight?

In the R4 residential district of the New Administrative Capital, on the South Mohamed Bin Zayed Axis, overlooking the Green River.

Who is the developer?

IL Cazar Developments, formerly Go Khozam, chaired by Eng. Nader Khozam.

When was it launched?

June 2026. It is IL Cazar's first project in the New Capital.

How large is it?

140 feddans, with roughly 40 feddans of green space including a central park of about 22 feddans.

What units are available?

2-bedroom (102–124 m²) and 3-bedroom (137–160 m²) apartments, penthouses up to 185 m² and townhouses from 170 m².

What are the starting prices?

June 2026 launch listings put apartments from about EGP 4.3–4.9 million and townhouses from about EGP 15 million.

What payment plans are offered?

Down payments from 2.5% to 10% with up to 10 years of instalments. Shorter plans carry discounts.

When is delivery?

Expected in Q4 2030.

Talk to us

Book a consultation with Tycoons Investments to secure launch pricing, or browse other New Capital projects.