Aqar Exit reports EGP 8.8bn in closed deals as listings reach EGP 124bn

Aqar Exit, a platform specialising in Egypt's real estate assignment market, has recorded 638 closed deals since launch with an estimated market value of EGP 8.8bn, of which 404 were closed during the past month compared with 233 in the previous period.

Average daily purchase requests rose 58% to 1,060 from 671, while the average number of deals closed per week increased 148% to 85 from 34. Daily new listings remained broadly stable, averaging 109 units against 112 in the previous period.

As of October 8, 2026, the platform had 8,534 units listed or under review with an estimated market value of EGP 124bn. Of these, 7,801 were active listings, with original contract values totalling around EGP 89.2bn.

Since its launch, Aqar Exit has registered 14,845 assignment records involving 11,833 sellers, alongside 67,013 purchase requests from 32,870 buyers. Listings received 925,982 views over the past 30 days and were saved to users' favourites 61,666 times.

Mahmoud Ammar, founder and chairman of Aqar Exit, said demand was accelerating faster than the growth in new listings, providing further insight into purchasing power, buyer behaviour and transaction activity in the assignment market. Demand was strongest for units priced below EGP 3m, which averaged 11.1 purchase requests each, compared with 2.2 requests for properties priced above EGP 20m.

The report also estimated paper gains of around EGP 26bn, reflecting the difference between original contract prices and the estimated market values of listed units. It found that 2,695 sellers, or 34.6% of listed units, were willing to forgo part of their financial entitlements to exit contracts faster, while buyers using Gulf-based phone numbers accounted for 13.3% of total buyers.