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.

Residential apartments were, on average, more expensive in Sheikh Zayed City. As of 2023, a unit there costs 61,852 Egyptian pounds per square meter (almost 1,998.45 U.S. dollars). The price trend was expected to continue to rise reaching 108,815 three years later. The 6th of October City and New Cairo followed, expected to jump to 83,495 and 74,854 Egyptian pounds per square meter (around 2697 and 2419 U.S. dollars), respectively.

the Report Covers Commercial Real Estate Market Analysis in Egypt. It is Segmented by Type (offices, Retail, Industrial and Logistics, Hospitality, and Multi-Family) and Key Cities (Cairo, Alexandria, Giza, Port Said, and the Rest of Egypt). the Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

In 2024, the price of a residential apartment in Egypt was highest in Sheikh Zayed City (west of Cairo), which reached an average of 2,011 U.S. dollars per square meter. Also, the price for a villa was highest in the same area, at 2,761 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.

The Egypt Real Estate Brokerage Market Report is Segmented by Type (Residential and Non-Residential), Service (Sales and Rental), and City (Cairo, Alexandria, and the Rest of Egypt). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

The Egypt Condominiums and Apartments market is projected to grow at a CAGR of 11.00% during the forecast period 2023-2033. The market size is expected to increase from $XX million in 2023 to $XX million by 2033. The growth of the market is attributed to the increasing demand for affordable housing, rising disposable income, and government initiatives to promote homeownership. Government initiatives such as the Central Bank of Egypt's (CBE) mortgage program, which provides low-interest rates and long repayment terms, have made it easier for people to purchase homes. Additionally, the government's focus on developing new cities and urban areas has created opportunities for the development of new condominiums and apartments. The key market players include Iwan Developments, ERA Real Estate Egypt, Orascom Development, Coldwell Banker Egypt, ORA Developments, and others. These companies are focused on providing high-quality residential properties that meet the needs of the growing population. Recent developments include: October 2022- ERG Developments (the developer of the residential projects) launched residential project Ri8 in the New Administrative Capital (NAC) with an investment of more than USD 178 million. The project is spread over 25-acre land and consists of 34 residential buildings incorporating 1,063 apartments. This project will be completed in three phases., October 2022- Ora Developers (the company that designs and develops luxury communities) signed an agreement with JLL (a global property developer) to deliver full project management and cost management services on two major projects in Egypt. This project is a residential and mixed-use development spread across 360 feddan between New Cairo and New Capital City, and the project includes the development of 407 residential units.. Key drivers for this market are: Increasing Private Investment in Real Estate Sector, Growth in the Luxury Housing Market. Potential restraints include: Increase in primary and secondary rents in the market. Notable trends are: Apartments Construction Gaining Traction in Egypt.

Market Overview Egypt's commercial real estate market is poised for significant growth, driven by a thriving economy and increasing foreign investments. The market size stood at 9.41 million in 2025 and is projected to reach 10.19 million by 2033, exhibiting a CAGR of 10.19%. Key drivers of this growth include rising urbanization, population growth, and government initiatives to attract investments. Key market trends include the emergence of smart buildings, increased demand for flexible office spaces, and the growth of e-commerce, which is driving demand for industrial and logistics properties. Market Segments and Key Players The commercial real estate market in Egypt comprises various segments, including offices, retail, industrial and logistics, multi-family, and hospitality. Major key cities include Cairo, Alexandria, Giza, Port Said, and the Rest of Egypt. Leading companies in the market include Amer Group, Emaar Properties, Palm Hills Developments, Dorra Group, Talaat Moustafa Group, Hassan Allam Holding, The Arab Contractors, Secon Egypt, Orascom Construction PLC, and Rowad Modern Engineering. The government's efforts to enhance infrastructure, ease of doing business, and the availability of skilled labor are further expected to support the growth of the market in the coming years. Recent developments include: December 2022: Egyptian developer Urbnlanes Developments, a subsidiary of Emeel Abdalla Investments, will launch a 3-billion-Egyptian-pound (USD 122 million) commercial project in the 5th Settlement, New Cairo, in the first quarter of 2023, October 2022: Egypt's Afifi Investment Group acquired Uni Sharm Hotel in Sharm El-Sheikh and invested 400 million pounds ($17 million) to modernize the hotel, upgrade it to a 4-star category and introduce commercial and retail elements.. Key drivers for this market are: Increasing tourism is boosting the market, Rapid surge in population is driving the market. Potential restraints include: Rising inflation in the Market restraining the growth, Increasing cost of real estate affecting the growth of the market. Notable trends are: Rise in Demand for Commercial Spaces Across Greater Cairo.

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 absolute terms, the average price increase was highest in Sheikh Zayed City. As of September 2023, the price per square meter in the city costs around 61,852 Egyptian pounds (around 1,988.45 U.S. dollars) compared to 26,683.33 Egyptian pounds (almost 862.14 U.S. dollars) a year earlier. New Cairo had the second-highest increase of 25,805.31 Egyptian pounds per square meter (833.77 U.S. dollars) over the same period.

Between September 2022 and January 2023, the Egyptian pound dropped in value with an increase from 19.14 Egyptian pounds per U.S. dollar to 29.89 Egyptian pounds per U.S. dollar. This represented an increase of 56 percent. In contrast, prices in the real estate market have seen a lower increase between 14 percent and 39 percent, averaging around 27 percent.

In the first half of 2024, the largest average percentage increase in retail real estate was in New Cairo at 31 percent. The 6th of October City and the New Administrative Capital followed, with an average increase of 23 percent and 12 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.

CPI Housing Utilities in Egypt increased to 152.70 points in January from 151.60 points in December of 2024. This dataset provides - Egypt Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Egypt Foreign Direct Investment: Net: Services: Real Estate data was reported at 448.000 USD mn in Jun 2024. This records an increase from the previous number of 303.200 USD mn for Mar 2024. Egypt Foreign Direct Investment: Net: Services: Real Estate data is updated quarterly, averaging 227.650 USD mn from Sep 2021 (Median) to Jun 2024, with 12 observations. The data reached an all-time high of 448.000 USD mn in Jun 2024 and a record low of 75.300 USD mn in Jun 2023. Egypt Foreign Direct Investment: Net: Services: Real Estate data remains active status in CEIC and is reported by Central Bank of Egypt. The data is categorized under Global Database’s Egypt – Table EG.O001: Foreign Direct Investment: by Sector.

Egypt Domestic Production: 2006-07p: Private: Real Estate Activities: Real Estate Property data was reported at 12,976.300 EGP mn in 2012. This records an increase from the previous number of 12,511.700 EGP mn for 2011. Egypt Domestic Production: 2006-07p: Private: Real Estate Activities: Real Estate Property data is updated yearly, averaging 12,067.500 EGP mn from Jun 2007 (Median) to 2012, with 6 observations. The data reached an all-time high of 12,976.300 EGP mn in 2012 and a record low of 10,811.200 EGP mn in 2007. Egypt Domestic Production: 2006-07p: Private: Real Estate Activities: Real Estate Property data remains active status in CEIC and is reported by Ministry of Planning. The data is categorized under Global Database’s Egypt – Table EG.A032: Domestic Production: 2006-07 Price. Rebased from 2006-07p to 2011-12p Replacement series ID: 298734204

In the financial year of 2018, the value generated from traded stocks in the real estate industry in Egypt was highest in the month of March, at around 1.8 billion Egyptian pounds. In that month, the volume of traded real estate stocks was seven billion shares.

Egypt Implemented Investments: GV: Real Estate data was reported at 11,174.700 EGP mn in 2017. This records an increase from the previous number of 4,361.500 EGP mn for 2016. Egypt Implemented Investments: GV: Real Estate data is updated yearly, averaging 138.400 EGP mn from Jun 2003 (Median) to 2017, with 15 observations. The data reached an all-time high of 11,174.700 EGP mn in 2017 and a record low of 100.500 EGP mn in 2007. Egypt Implemented Investments: GV: Real Estate data remains active status in CEIC and is reported by Ministry of Planning. The data is categorized under Global Database’s Egypt – Table EG.O005: Implemented Investment: by Sector: Annual .

The market is segmented by type (apartment & condominiums, villas, and other types) and construction type (new construction and renovation). The report offers market size and forecasts for Egypt's Residential Construction Market in value (USD billion) for all the above segments.

In the financial year of 2018, the real estate industry contributed about 371.6 billion Egyptian pounds to Egypt's gross domestic product. In that year, Egypt's GDP grew by 3.2 percent.

The size of the Egyptian Facility Management market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.33% during the forecast period.Facilities management involves all services that optimize the built environment. This includes operations management and maintenance of buildings in relation to health and comfort, as well as its efficiency and productivity. It offers services such as property management, cleaning, security, energy management, landscaping, and many more.The Egyptian facility management market is increasingly showing tremendous momentum due to a wide array of significant contributors like urbanization and construction activities, increased concerns regarding sustainability and energy efficiency, among others. The business organizations within the country have their concentration on the betterment of operational efficiency, where staff well-being has gained an important priority in all cases. Such high demands will be on professional services such as FM.The Egyptian FM market is a mix of local and international players. Specialized FM companies are on the increase, offering a range of services. The market also has a trend toward integrated FM solutions, whereby several services are bundled together to provide a comprehensive and cost-effective solution for clients. Recent developments include: November 2022: The Egyptian developer Naia Real Estate Development Company announced its plans to invest EGP 30 billion (USD 1.21 billion) in real estate developments over the next three years. The company intends to begin construction on Naia West, a 140-acre development in New Sheikh Zayed, in the first quarter of 2023. The project would cost EGP 11 billion (USD 0.45 billion). This investment in real estate in the country would create a demand for FM services in Egypt., September 2022: BABA H MALL in the New Administrative Capital was launched with an investment of almost EGP 600 million (USD 24.35 million) by the Egyptian developer White Eagle Developments. The 3-story mall spreads across an area of around 2,727 square meters and is estimated to be finished by the first quarter of 2025. This increase in shopping mall constructions in the country would drive the demand for FM services in Egypt due to its application in the building infrastructure., September 2022: The facilities management firm EFS MISR, a division of the UAE-based EFS International, was chosen by the Egyptian developer Capital Hills Developments to manage and run its projects in the NAC for the Point 9 and 11 covering facility space of 2,400 square meters each.. Key drivers for this market are: Growing Demand For FM Services In Retail Outlets, Growing Construction Sector. Potential restraints include: Diminishing Profit Margins and Ongoing Changes in Macro-environment. Notable trends are: Growing Construction Sector in Egypt Driving the Market Growth.

Between November 2022 to September 2023, the largest average percentage increase in retail real estate was in Sheikh Zayed City at 88 percent. The 6th of October City and New Cairo followed with an average increase of 85 and 70 percent, respectively.