Egypt's ten largest developers sold EGP 670 billion worth of property in the first half of 2026. A year earlier the figure was EGP 651 billion, and in the first half of 2024 it was EGP 649 billion. The data comes from the research firm The Board Consulting and was published on 18 August.
Revenue grew by 2.9%. The number of homes sold, however, fell by around 5% to 39,000 units.
The top six line up as follows.
| Developer | Sales, EGP bn |
|---|---|
| Talaat Moustafa Group | 219.0 |
| Palm Hills Developments | 94.0 |
| Mountain View | 63.7 |
| Emaar Misr | 60.9 |
| Hyde Park Developments | 52.9 |
| Tatweer Misr | 50.5 |
The rest of the top ten are Madaar Ras El Hekma with EGP 44bn, G Developments with EGP 30bn, Madinet Masr with EGP 28.4bn and La Vista Developments with EGP 26.5bn.
The gap between revenue and transaction numbers has a simple explanation: the market grew in money rather than in volume. Analysts attribute this to continuing price rises, which are squeezing purchasing power.
For a foreign buyer there is a practical conclusion in these figures. Sellers are in no hurry to concede: demand on the new-build market is holding up and prices in pounds keep rising. But if the decline continues, developers tend to compete on payment terms rather than on the headline price. When choosing a project, then, it is worth comparing not only the price per metre but also the size of the deposit, the length of the payment plan and the service charge.
