Research
The Cairo Real Estate Market Overview - Q1 2024
Egypt is experiencing a new surge in investor confidence, marking a turning point in the sustained growth and development of the country’s real estate market.
April 30, 2024
Contributors:
- Faraz Ahmed
- Zenah Al Saraeji
- Ayman Sami
As Egypt continued to soften its financial burden while positioning itself once again as an appealing destination for future investments, the residential sector recorded a strong start during the first quarter of 2024 with the completion of over 7,000 units, predominantly within master-planned developments, taking the total residential stock to approximately 276,000 units. Over the remainder of 2024, nearly 24,000 units are set for completion.
Read our latest report for an overview of the office, residential, retail and hospitality sectors in Cairo.