Egypt rises as MENA real estate powerhouse

A Knight Frank report on Egypt's real estate sector, published earlier this October, describes Egypt as a regional real estate powerhouse.

Ahram Online interviewed Faisal Durrani, a partner and head of research at Knight Frank MENA, to discuss the outcomes of its Destination Egypt 2025 report.

With $1.4 billion in private capital from high-net-worth individuals actively targeting its residential sector, the country is demonstrating a clear shift from speculative to strategic investment.

This momentum is underpinned by renewed macroeconomic stability, moderating inflation, and the successful attraction of foreign direct investment (FDI).

From securing $35 billion in funding for the immense 170 million sqm super-city on the north coast courtesy of Abu Dhabi’s ADQ to the recent opening of the $1 billion Grand Egyptian Museum in Cairo and the achievement of a historic milestone with 15.8 million tourists visiting last year, Egypt is powering ahead with its economic development agenda.

The scale of ongoing development, coupled with relative affordability compared to regional markets, places Egypt’s property market firmly on investors' radars seeking growth, diversification, and tangible value.