Average price increase of retail real estate Egypt 2022-2023, by selected city
The largest increase in retail real estate absolute value was in the New Administrative Capital. Between September 2022 and September 2023, prices increased, on average, by 62,951 Egyptian pounds per square meter (around 2,033 U.S. dollars). Sheikh Zayed City had the second-highest increase in price, increasing from 67,197 Egyptian pounds per square meter (2,171.15 U.S. dollars) to 130,148 Egyptian pounds per square meter (4,205.1 U.S. dollars) in the same period.