Egypt's nine-month property sales pass EGP 1 trillion as North Coast leads prices
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Contractual sales reached about EGP 1.048 trillion in the first nine months of 2026, with Greater Cairo and the North Coast accounting for nearly three-quarters of the market.
Egypt's real estate market recorded contractual sales of approximately EGP 1.048 trillion in the first nine months of 2026, according to a market report cited by Daily News Egypt.
Sales gained momentum in the second quarter, reaching EGP 454 billion from about 27,500 units, compared with EGP 292 billion and 17,700 units in the first quarter. Third-quarter sales amounted to EGP 302 billion covering around 19,300 units.
Flexible payment plans remained a feature of the market, with down payments of between zero and 10% and instalment periods of eight to 12 years.
Greater Cairo and the North Coast jointly accounted for 74.4% of sales, with combined sales of EGP 780 billion. East Cairo ranked first with EGP 415 billion and a 39.6% share, followed by the North Coast with EGP 365 billion, or 34.8%. West Cairo, Ain Sokhna and the New Administrative Capital together generated EGP 201 billion, or 19.2%, while other areas recorded EGP 67 billion.
The ten largest developers recorded combined sales of EGP 955 billion from about 55,500 units. Talaat Moustafa Group led with EGP 301 billion, ahead of Palm Hills Developments with EGP 184 billion and Mountain View with EGP 85 billion, followed by Hyde Park, Emaar Misr, Tatweer Misr, MODON Egypt, Madinet Masr, G Developments and La Vista.
The North Coast recorded the highest average residential price at EGP 168,000 per square metre, ahead of October and Sheikh Zayed at EGP 113,000 and New Cairo at EGP 112,000. New Cairo retail space averaged EGP 312,000 per square metre, while gross annual residential yields on the North Coast ranged from 7.6% for three-bedroom units to 8.2% for two-bedroom units.