Egypt has launched a unified digital real estate platform, “Property Egypt,” aimed at enabling property ownership for foreigners and Egyptians living abroad, as part of efforts to increase foreign currency inflows. Prime Minister Mostafa Madbouly said the platform will serve as a central mechanism for regulating property exports while ensuring transparency, investor protection, and market credibility through a unified regulatory framework.
The platform’s first phase includes more than 3,000 residential units in New Alamein City, each assigned a unique real estate identification number. Minister of Communications and Information Technology Amr Talaat said the system is integrated with Egypt’s national property registry to verify ownership and prevent fraud.
Future phases will expand the platform to additional cities, including the New Administrative Capital, New Mansoura, New Rashid, Sawari, and Sheikh Zayed. Housing Minister Sherif El-Sherbiny confirmed coordination with the Central Bank of Egypt to establish regulated mechanisms for opening and managing developer bank accounts linked to foreign property sales.
Justice Minister Adnan Fangari said a draft resolution has been prepared to streamline real estate transactions and protect buyers from risks such as multiple sales of the same unit. Investment and Foreign Trade Minister Hassan El-Khatib added that Egypt is well positioned to attract international real estate investment, supported by simplified residency and registration procedures.
Private developers are expected to join the platform in subsequent phases, following the initial government-led rollout, as authorities seek to meet growing international demand and sustain sector growth.
