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The Journal · Egypt

Egypt Luxury Real Estate: The North Coast Leads EGP 1.065 Trillion in Sales

Egypt Luxury Real Estate reached EGP 1.065 trillion in contracted sales in the first nine months of 2026, up 2 percent, with about 52,000 homes sold. The Mediterranean North Coast led the market, its sales up 35 percent to EGP 462 billion.

At a glance

Egypt's North Coast Leads Property Sales at a glance

Sales, January to September 2026
EGP 1.065 trillion, up 2 percent
Homes sold
About 52,000, up 4 percent
North Coast
EGP 462 billion, 43 percent of sales, up 35 percent
Average ticket
About EGP 21.9 million, up 7 percent
Source
The Board Consulting, reported November 8, 2026

Egypt Luxury Real Estate

Egypt Luxury Real Estate in nine months

Egypt Luxury Real Estate grew through the first nine months of 2026. Contracted sales reached EGP 1.065 trillion between January and September, up 2 percent on the same period last year, according to figures from The Board Consulting reported by Daily News Egypt on November 8, 2026. About 52,000 homes were sold, 4 percent more than a year earlier.

Average values rose as well: the weighted average ticket climbed 7 percent to about EGP 21.9 million, across villas, chalets and apartments in the country's best-known new communities.

North Coast leads the market

The North Coast leads the market

The Mediterranean North Coast, the long stretch of white sand west of Alexandria, was the star of the year. It took 43 percent of all sales, EGP 462 billion, an increase of 35 percent. East Cairo followed with EGP 425 billion, up 16 percent, and together the two areas accounted for 83 percent of the market.

The North Coast has grown from a summer escape for Cairo families into one of the most sought-after addresses for North Coast Egypt property, with resort towns such as Marassi, New Alamein and Ras El Hekma rising along the shore. Our guide to Egypt Luxury Real Estate and the North Coast explains the main communities, and our guide to El Alamein, Ras El Hekma and the North Coast resorts describes the coast for visitors.

Developers behind the figures

The developers behind the figures

Three developers led the year. Talaat Moustafa Group recorded EGP 290 billion in sales, helped by its SouthMed project on the North Coast and its expansion into Saudi Arabia and Oman. Palm Hills Developments followed with EGP 198 billion, supported by its new project at Ras El Hekma, and Emaar Misr, the Egyptian arm of Dubai's Emaar Properties, recorded EGP 115 billion, with a focus on premium single-family homes.

Hyde Park Developments and Founders each recorded EGP 91.4 billion, and Modon Misr EGP 91 billion. Mountain View, Tatweer Misr, La Vista Developments, Madinet Masr, G Developments and Art Life completed the top ten. For readers comparing markets across the region, our overview of how to invest in the Middle East sets Egypt beside the Gulf.

Looking ahead to 2027, the report expects developers to offer a wider choice of unit sizes and payment plans, and to focus new launches on the locations where buyer interest is strongest, the coast among them.

Seeing the coast for yourself

The North Coast is at its liveliest from June to September, when the beach clubs and marinas are full, and quieter and gentler in spring and autumn. Many buyers combine a viewing trip with a few days in Cairo and Alexandria. Our Egypt luxury vacations guide covers the Pyramids, the Grand Egyptian Museum and a Nile cruise, and the Journal recently reported on the 185 hotel projects and 46,000 new rooms under way across the country.

For a stay on the coast itself, Rixos Premium Alamein, on the beach at New Alamein, and the resorts around the Marassi marina are good bases for exploring the new communities, and Alexandria, with its corniche and its great library, is an easy drive east along the coast road.

Questions readers ask

How much property was sold in Egypt in the first nine months of 2026?

EGP 1.065 trillion in contracted sales and about 52,000 homes, according to The Board Consulting.

Which area led Egypt's property market in 2026?

The North Coast, with EGP 462 billion in sales, 43 percent of the market and 35 percent more than a year earlier.

Which developers sold the most?

Talaat Moustafa Group, Palm Hills Developments and Emaar Misr were the top three.

Note for investors

A note for investors

This article is for information only and is not investment advice. Speak to a licensed adviser before buying property in any country.

Sources

Checked on 11/08/2026. Prices and dates are approximate and can change. See our standard.