Average price increase of residential real estate Egypt 2022-2023, by selected city
In absolute terms, the average price increase was highest in Sheikh Zayed City. As of September 2023, the price per square meter in the city costs around 61,852 Egyptian pounds (around 1,988.45 U.S. dollars) compared to 26,683.33 Egyptian pounds (almost 862.14 U.S. dollars) a year earlier. New Cairo had the second-highest increase of 25,805.31 Egyptian pounds per square meter (833.77 U.S. dollars) over the same period.