Egypt Today: Egypt is cementing its position as one of the MENA region’s fastest-growing real estate markets, with global high-net-worth individuals (HNWI) directing $1.4 billion in private capital toward the country’s residential sector, according to Knight Frank’s Destination Egypt 2025 report.
The study, conducted with YouGov, surveyed 264 HNWI from Saudi Arabia, the UAE, Germany, the UK, and the United States, each with an average net worth of $9.7 million. The findings highlight Egypt’s surging appeal, driven by mega projects, resilient residential demand, and the expansion of Cairo’s office market.
Residential Boom
Knight Frank forecasts the delivery of 30,830 new homes in 2025, up 29% from 24,000 in 2024, with demand underpinned by both GCC appetite for second homes and international portfolio investors. Nearly 51% of respondents plan to use their purchase as a holiday home, while a notable 18.6% are prepared to commit between $30–50 million on residential acquisitions.
Emirati investors lead the charge, with potential commitments of $709 million, followed by Saudi HNWI at $403 million and German investors at $263 million.
“Egypt’s transformation into a real estate powerhouse is accelerating, supported by GCC sovereign wealth funds and giga projects such as the New Administrative Capital and the 170 million sqm north coast city,” said Faisal Durrani, Partner – Head of Research, MENA at Knight Frank.
Office Demand Surges
For the first time, demand for offices among GCC HNWI has almost matched interest in residential property. Cairo’s office stock is expected to expand by 82% by 2030, with New Cairo leading the market. Prime office prices have reached EGP 466,000 ($9,600) psm, supported by rising demand from multinational firms and outsourcing hubs.
“The number of outsourcing centers has grown by over 50% year-on-year, with global names like Deloitte and PwC anchoring Egypt as one of the region’s fastest-growing outsourcing destinations,” said Zeinab Adel, Partner – Head of Egypt at Knight Frank.
A Magnet for Global Wealth
Egypt’s giga projects continue to attract investor attention, with 99% of surveyed HNWI expressing interest in such developments. The New Administrative Capital remains the top target, while coastal properties on the North Coast and in Central Cairo are also gaining traction.
The report highlights that by the end of 2025, Egypt’s holiday homes market will generate $1.09 billion in revenue, set to grow by 7% annually through 2030.
“Whether for luxury living, branded residences, or income-generating investments, Egypt is firmly on the radar of global investors,” added Durrani.
https://www.egypttoday.com/Article/3/142572/1-4B-in-private-capital-targets-Egypt-s-residential-market
