started · updated
Egypt real estate market sales reach EGP 1.048 trillion in nine months
Egypt’s real estate market recorded contractual sales of approximately EGP 1.048 trillion during the first nine months of 2026, encompassing roughly 64,500 residential, commercial, and administrative units. According to a Property Intelligence report by KW Egypt, sales momentum increased in the second quarter, reaching EGP 454 billion, before totaling EGP 302 billion in the third quarter.
Geographically, Greater Cairo and the North Coast dominated the market, accounting for 74.4% of total sales with a combined value of EGP 780 billion. East Cairo led with EGP 415 billion in sales, followed by the North Coast at EGP 365 billion. Other significant areas included Ain Sokhna, West Cairo, and the New Administrative Capital.
Madinet Masr reported strong individual performance during the same nine-month period, recording EGP 45.4 billion in new sales. The company saw a 76% increase in unit deliveries compared to the previous year and a 35% year-on-year rise in net cash collections, which reached EGP 15.2 billion. Additionally, Madinet Masr continued its share buyback program, purchasing 42.7 million treasury shares.
Entities
Egypt · Greater Cairo · KW Egypt · Madinet Masr · North Coast