Residential apartments were, on average, more expensive in Sheikh Zayed City. As of 2023, a unit there costs ****** Egyptian pounds per square meter (almost ******** U.S. dollars). The price trend was expected to continue to rise reaching ******* three years later. The *** of October City and New Cairo followed, expected to jump to ****** and ****** Egyptian pounds per square meter (around 2697 and 2419 U.S. dollars), respectively.
In 2024, the price of a residential apartment in Egypt was highest in Sheikh Zayed City (west of Cairo), which reached an average of ***** U.S. dollars per square meter. Also, the price for a villa was highest in the same area, at ***** U.S. dollars per square meter. On the other hand, the lowest starting sale price for an apartment and a villa in the listed cities was in New Administrative Capital.
In absolute terms, the average price increase was highest in Sheikh Zayed City. As of **************, the price per square meter in the city costs around ****** Egyptian pounds (around ******** U.S. dollars) compared to ********* Egyptian pounds (almost ****** U.S. dollars) a year earlier. New Cairo had the second-highest increase of ********* Egyptian pounds per square meter (****** U.S. dollars) over the same period.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Report Covers Egyptian Residential Real Estate Market Statistics and is Segmented by Type (apartments and Condominiums, Villas, and Landed Houses). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.
The average price for a residential unit was the highest in Sheikh Zayed City, Egypt. In 2024, the average price per square meter for a residential unit was around 2,011 U.S. dollars. New Cairo and the 6th of October City followed, with an average price of around 1,465 U.S. dollars and 1,355 U.S. dollars, respectively.
In the first half of 2024, the largest average percentage increase in retail real estate was in New Cairo at ** percent. The *** of October City and the New Administrative Capital followed, with an average increase of ** percent and ** percent, respectively. Throughout 2023 retail real estate price increases in the reported cities were highest in the New Administrative Capital followed by El Sheikh Zayed City.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Egypt Average Household Income: Value: Real Estate & Financial Possessions data was reported at 2,747.500 EGP in 2015. This records an increase from the previous number of 761.400 EGP for 2013. Egypt Average Household Income: Value: Real Estate & Financial Possessions data is updated yearly, averaging 761.400 EGP from Jun 2005 (Median) to 2015, with 5 observations. The data reached an all-time high of 2,747.500 EGP in 2015 and a record low of 504.300 EGP in 2005. Egypt Average Household Income: Value: Real Estate & Financial Possessions data remains active status in CEIC and is reported by Central Agency for Public Mobilization and Statistics. The data is categorized under Global Database’s Egypt – Table EG.H012: Average Household Income.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Egypt Average Household Income: Value: Real Estate & Financial Possessions: Financial Possessions data was reported at 1,322.400 EGP in 2015. This records an increase from the previous number of 190.400 EGP for 2013. Egypt Average Household Income: Value: Real Estate & Financial Possessions: Financial Possessions data is updated yearly, averaging 221.900 EGP from Jun 2005 (Median) to 2015, with 5 observations. The data reached an all-time high of 1,322.400 EGP in 2015 and a record low of 190.400 EGP in 2013. Egypt Average Household Income: Value: Real Estate & Financial Possessions: Financial Possessions data remains active status in CEIC and is reported by Central Agency for Public Mobilization and Statistics. The data is categorized under Global Database’s Egypt – Table EG.H012: Average Household Income.
Among the four Egyptian cities reported, New Cairo had the most expensive average starting price for an office unit at ***** U.S. dollars per square meter as of July 2024. Sheikh Zayed City followed with an average cost of ***** U.S. dollars per square meter. Egypt has been building new communities further away from Cairo in an attempt to relieve the current capital from being overcrowded.
https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/
The Egypt Foodservice Market was valued at USD 1.58 Billion in 2024 is anticipated to reach USD 2.33 Billion by 2032, growing at a CAGR of 5% from 2026 to 2032.
Definition/ Overview
Manufactured homes are factory-built homes that are transported to a designated location for installation. Unlike traditional homes that are constructed on-site, manufactured homes are assembled in a controlled environment, which helps reduce construction time and cost. These homes are built according to specific building codes set by the U.S. Department of Housing and Urban Development (HUD), ensuring they meet safety, durability, and quality standards. Manufactured homes come in various sizes and layouts, from single-section to larger multi-section units.
Manufactured homes provide a cost-effective housing solution, particularly for individuals and families who are looking for affordable alternatives to traditional homes.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Egypt Average Household Income: Value: Real Estate & Financial Possessions: Non Financial Possessions data was reported at 1,425.100 EGP in 2015. This records an increase from the previous number of 571.000 EGP for 2013. Egypt Average Household Income: Value: Real Estate & Financial Possessions: Non Financial Possessions data is updated yearly, averaging 512.700 EGP from Jun 2005 (Median) to 2015, with 5 observations. The data reached an all-time high of 1,425.100 EGP in 2015 and a record low of 302.900 EGP in 2005. Egypt Average Household Income: Value: Real Estate & Financial Possessions: Non Financial Possessions data remains active status in CEIC and is reported by Central Agency for Public Mobilization and Statistics. The data is categorized under Global Database’s Egypt – Table EG.H012: Average Household Income.
As of July 2024, New Cairo registered the highest starting price for retail unit sales among the four selected Egyptian cities. That year, the average starting cost for a retail unit reached over ***** U.S. dollars per square meter. New Administrative Capital and Sheikh Zayed City followed, with an average starting price of around ***** U.S. dollars and ***** U.S. dollars per square meter, respectively. Egypt has been building new communities further away from Cairo, in an attempt to relieve the current capital from being overcrowded.
As of July 2024, Al Alamein had the highest average starting price for a second house among the four coastal Egyptian cities reported. That year, a square meter cost an average starting price of around ***** U.S. dollars. The North Coast followed, with a second house cost starting at an average of roughly ***** U.S. dollars per square meter.
Office real estate units recorded its highest price in Egypt in New Cairo, with a unit's average price of ******* Egyptian pounds per square meter (nearly ***** U.S. dollars). The prices are expected to rise by ****** Egyptian pounds per square meter (almost ***** U.S. dollars) by 2026. Furthermore, Sheikh Zayed City and the New Administrative Capital followed.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Egypt Average Household Income: Value: Urban: Real Estate & Financial Possessions data was reported at 1,756.600 EGP in 2015. This records an increase from the previous number of 1,042.100 EGP for 2013. Egypt Average Household Income: Value: Urban: Real Estate & Financial Possessions data is updated yearly, averaging 1,042.100 EGP from Jun 2005 (Median) to 2015, with 5 observations. The data reached an all-time high of 1,756.600 EGP in 2015 and a record low of 761.200 EGP in 2005. Egypt Average Household Income: Value: Urban: Real Estate & Financial Possessions data remains active status in CEIC and is reported by Central Agency for Public Mobilization and Statistics. The data is categorized under Global Database’s Egypt – Table EG.H012: Average Household Income.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Egypt Average Household Income: Value: Urban: Real Estate & Financial Possessions: Financial Possessions data was reported at 958.100 EGP in 2015. This records an increase from the previous number of 346.500 EGP for 2013. Egypt Average Household Income: Value: Urban: Real Estate & Financial Possessions: Financial Possessions data is updated yearly, averaging 392.900 EGP from Jun 2005 (Median) to 2015, with 5 observations. The data reached an all-time high of 958.100 EGP in 2015 and a record low of 346.500 EGP in 2013. Egypt Average Household Income: Value: Urban: Real Estate & Financial Possessions: Financial Possessions data remains active status in CEIC and is reported by Central Agency for Public Mobilization and Statistics. The data is categorized under Global Database’s Egypt – Table EG.H012: Average Household Income.
The average price of retail real estate in Egypt was highest in the New Administrative Capital. In 2023, a retail real estate unit there cost ******* Egyptian pounds per square meter (around ***** U.S. dollars). The prices are expected to rise even more in the next three years, reaching ******* (almost ****** U.S. dollars). New Cairo followed, with the average price expected to reach ******* (close to ***** U.S. dollars) by 2026.
Between November 2022 to September 2023, the largest average percentage increase in retail real estate was in Sheikh Zayed City at ** percent. The 6th of October City and New Cairo followed with an average increase of ** and ** percent, respectively.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Egypt Average Household Income: Value: Rural: Real Estate & Financial Possessions data was reported at 990.900 EGP in 2015. This records an increase from the previous number of 534.400 EGP for 2013. Egypt Average Household Income: Value: Rural: Real Estate & Financial Possessions data is updated yearly, averaging 462.100 EGP from Jun 2005 (Median) to 2015, with 5 observations. The data reached an all-time high of 990.900 EGP in 2015 and a record low of 279.200 EGP in 2005. Egypt Average Household Income: Value: Rural: Real Estate & Financial Possessions data remains active status in CEIC and is reported by Central Agency for Public Mobilization and Statistics. The data is categorized under Global Database’s Egypt – Table EG.H012: Average Household Income.
As of September 2023, the price per square meter of a second home in Egypt was highest in Al Alamein at ****** Egyptian pounds (around ******** U.S. dollars). Furthermore, it also had the highest absolute increase in price between September 2022 and September 2023 of close to ****** Egyptian pounds per square meter (****** U.S. dollars). El Sokhna followed with a price rise of ********* Egyptian pounds per square meter (***** U.S. dollars).
Residential apartments were, on average, more expensive in Sheikh Zayed City. As of 2023, a unit there costs ****** Egyptian pounds per square meter (almost ******** U.S. dollars). The price trend was expected to continue to rise reaching ******* three years later. The *** of October City and New Cairo followed, expected to jump to ****** and ****** Egyptian pounds per square meter (around 2697 and 2419 U.S. dollars), respectively.