Sodic Real Estate Developments

SODIC is an Egyptian developer listed on the Egyptian Exchange, known for communities in West Cairo, East Cairo and the North Coast. West Capital currently lists two SODIC projects in Sheikh Zayed.

About SODIC

SODIC says on its website that it has been listed on the EGX since its inception in 1996. In 2021 a consortium led by Aldar with ADQ acquired about 85.5% of the company, according to press reports. Its head office is in the Polygon Business Park, SODIC West.

Key projects

VYE Sodic New Zayed spans about 500 feddans with apartments from 108 sqm, townhouses, twin houses and standalone villas. Karmell Sodic New Zayed covers about 240 feddans in the Golden Square area, with a California-inspired design.

Prices and payment plans

According to the latest announced prices, Karmell apartments start from roughly EGP 8.4 to 11.1 million with 5% down and up to 8 years of interest-free instalments. At VYE, developer units start from about EGP 16 million, while resale apartments appear from about EGP 6.5 million. Prices and phases change, so ask for the current list.

Why buy through West Capital

We compare VYE and Karmell with nearby compounds, explain developer versus resale units, send current payment plans and arrange site visits.

FAQ

Who owns SODIC?

An Aldar-led consortium with ADQ acquired about 85.5% in 2021; the rest is publicly traded.

What is the usual payment plan?

5% down and up to 8 years of instalments at both projects, subject to change by phase.

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