Property Prices in Egypt

Index Info
Price to Income Ratio: 16.97
Mortgage as Percentage of Income: 239.70%
Loan Affordability Index: 0.42
Price to Rent Ratio - City Centre: 15.79
Price to Rent Ratio - Outside of Centre: 13.68
Gross Rental Yield (City Centre): 6.33%
Gross Rental Yield (Outside of Centre): 7.31%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 7,887.97 EG£ 4,000.00-16,000.00
Apartment (1 bedroom) Outside of Centre 4,976.19 EG£ 2,500.00-10,000.00
Apartment (3 bedrooms) in City Centre 13,961.54 EG£ 7,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 10,457.14 EG£ 5,000.00-20,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 2,506.04 EG£ 1,393.53-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre 1,484.05 EG£ 929.02-2,499.98
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 6,329.01 EG£
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.08 8.00-20.00

These data are based on 614 entries in the past 18 months from 99 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References

By City in Egypt

Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Alexandria 16.0 6.1 6.4 16.5 15.5 258.4 0.4
Cairo 17.8 7.0 7.6 14.4 13.2 243.5 0.4
New Cairo 15.1 5.8 6.8 17.1 14.8 194.7 0.5
This page in other languages: