Egypt's property rental market is experiencing steady, demand-driven growth. After recent macroeconomic fluctuations and high inflation, the residential market has shifted from rapid speculation to fundamental rental yields.
Key Market Statistics
Average Rental Yield (Cairo): 8.3% gross yield (nationally averaging 6.72%).
Year-Over-Year Rent Growth: Rents have increased by roughly 15% year-over-year across Cairo and primary satellite cities.
Primary Market Drivers
Shift Toward Renting: Rising property prices and higher financing costs have pushed more end-users into the rental market, boosting long-term rental demand.
Furnished Unit Premium: High-spec, fully furnished properties near major transit lines or business districts capture significantly higher escalation rates and lower tenant turnover.
Expats & Regional Demand: Strong influx of foreign professionals, university students, and regional relocations creates stable demand for dollarized/EUR-pegged rental expectations in prime areas.