The real estate industry in Egypt is a thriving business that has attracted investors from all over the world for many years. This sector has played a significant role in the country's economy contributing to its growth and development. Overview of Supply The real estate market in Egypt has witnessed a rapid expansion in the supply of properties over the years. The government has implemented various initiatives to increase the supply of affordable housing units leading to the construction of new residential projects across the country. According to a report by JLL, Cairo alone is expected to have a total supply of 1.2 million residential units by 2023. Luxury properties have also been on high demand especially in prime locations like the New Administrative Capital, the North Coast and the Red Sea. These properties cater to both local and foreign investors who seek luxurious living standards and high-end amenities. Moreover, the commercial property sector has also seen an increase in supply including office spaces, retail outlets and warehouses. The demand for commercial spaces has been driven by the country's growing economy, attracting local and foreign businesses to expand their operations. Overview of Demand The real estate market in Egypt has witnessed an increase in demand in recent years, fueled by several factors. One of the primary drivers of demand is the country's growing population expected to reach 150 million by 2050. This population growth has led to a heightened demand for housing units especially affordable ones. In addition, the country's economy has been growing steadily, resulting in a rise in disposable income among the population. This has enabled individuals to invest in real estate for personal use or as a source of income through renting or reselling. Foreign investors have also played a significant role in driving demand in Egypt's real estate market. The government has launched several initiatives to attract foreign investment, including the creation of the New Administrative Capital and the development of the North Coast. These projects have drawn investors from all over the world who are interested in investing in high-end properties and lucrative commercial spaces.
Eastown Residence is located in 5th Settlement, New Cairo. The developer of Eastown Residence is SODIC.
The completion date for Eastown Residence is and the finishing for the properties are Fully Finished.
The starting price of properties in Eastown Residence is 6,297,000 EGP with a price per sqm of 38,000 EGP. The downpayment for a property in Eastown Residence is starting at 0% or 0 EGP. The number of installments for a property in Eastown Residence is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Eastown Residence 65,594 EGP
Al Assema - New Andalus is located in Al Andalus, New Cairo. The developer of Al Assema - New Andalus is Al Assema Group.
The completion date for Al Assema - New Andalus is and the finishing for the properties are Fully Finished.
The starting price of properties in Al Assema - New Andalus is 1,503,000 EGP with a price per sqm of 8,946 EGP. The downpayment for a property in Al Assema - New Andalus is starting at 40% or 601,200 EGP. The number of installments for a property in Al Assema - New Andalus is 8 installments and has a payment plan of 2 years. The monthly payment of a property in Al Assema - New Andalus 62,625 EGP
6ixty Business Park is located in Financial District, New Capital. The developer of 6ixty Business Park is Al Borouj Misr.
The completion date for 6ixty Business Park is and the finishing for the properties are Fully Finished.
The starting price of properties in 6ixty Business Park is 3,230,000 EGP with a price per sqm of 85,000 EGP. The downpayment for a property in 6ixty Business Park is starting at 10% or 323,000 EGP. The number of installments for a property in 6ixty Business Park is 24 installments and has a payment plan of 6 years. The monthly payment of a property in 6ixty Business Park 44,861 EGP
Residence Eight is located in R8, New Capital. The developer of Residence Eight is SKY AD. Developments.
The completion date for Residence Eight is and the finishing for the properties are Fully Finished.
The starting price of properties in Residence Eight is 2,807,000 EGP with a price per sqm of 16,458 EGP. The downpayment for a property in Residence Eight is starting at 10% or 280,700 EGP. The number of installments for a property in Residence Eight is 36 installments and has a payment plan of 9 years. The monthly payment of a property in Residence Eight 25,991 EGP
Palm Central is located in Eastern Extension, 6th October. The developer of Palm Central is Palm Hills Developments.
The completion date for Palm Central is and the finishing for the properties are Fully Finished.
The starting price of properties in Palm Central is 84,198,800 EGP with a price per sqm of 71,485 EGP. The downpayment for a property in Palm Central is starting at 10% or 8,419,880 EGP. The number of installments for a property in Palm Central is 16 installments and has a payment plan of 4 years. The monthly payment of a property in Palm Central 1,754,142 EGP
Win Plaza Mall is located in First 6th of October, 6th October. The developer of Win Plaza Mall is Capital Hills Developments.
The completion date for Win Plaza Mall is and the finishing for the properties are Fully Finished.
The starting price of properties in Win Plaza Mall is 728,000 EGP with a price per sqm of 28,000 EGP. The downpayment for a property in Win Plaza Mall is starting at 10% or 72,800 EGP. The number of installments for a property in Win Plaza Mall is 12 installments and has a payment plan of 3 years. The monthly payment of a property in Win Plaza Mall 20,222 EGP