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Retail real estate average starting price in Egypt as of July 2024, by selected city (in U.S. dollars per square meter)

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Source

Release date

July 2024

Region

Egypt

Survey time period

July 2024

Supplementary notes

Prices consists of official prices issued by the developers and are based on primary sale projects.
Data on retail depicts the minimum price of a store unit in community and regional malls in a core and shell condition.
Currency conversion rate according to source: 1 U.S. dollar = 48.3 Egyptian pound

Citation formats

Retail real estate average starting price in Egypt 2024, by selected city

Published by ÌÇÐÄÆƽâ°æ Research Department, Feb 18, 2025

As of July 2024, New Cairo registered the highest starting price for retail unit sales among the four selected Egyptian cities. That year, the average starting cost for a retail unit reached over U.S. dollars per square meter. New Administrative Capital and Sheikh Zayed City followed, with an average starting price of around U.S. dollars and U.S. dollars per square meter, respectively. Egypt has been building new communities further away from Cairo, in an attempt to relieve the current capital from being overcrowded.

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Topics

Retail real estate market in the U.S.Foreign property investment in the U.S.Commercial real estate in the U.S.Office real estate in the U.S.Industrial and logistics real estate in the U.S.
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