Cairo, Egypt
Property prices · 2024 · Africa
Property price trend in Cairo (2024–2026)
Property comparison — cities in Egypt (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Cairo |
|---|---|---|---|---|
| Cairo | EGP 45,000 | EGP 28,000 | EGP 12,000 | — |
| Alexandria | EGP 22,000 | EGP 14,500 | EGP 8,500 | -51.1% |
Other Africa cities (2024)
Frequently asked questions
How much does property cost in Cairo in 2024?
In Cairo, the average price per sqm in the city centre is EGP 45,000, and EGP 28,000 outside the centre (2024 data). Prices have risen 7% since 2024.
How much is rent in Cairo in 2024?
A 1-bedroom apartment in Cairo rents for approximately EGP 12,000 per month in 2024. A 3-bedroom apartment costs around EGP 24,000/month.
Is it better to buy or rent in Cairo?
Buying may offer better long-term value in Cairo. The price-to-rent ratio is 12.0x — it would take approximately 12.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 18.50%.
What are mortgage rates in Egypt in 2024?
The average mortgage rate in Egypt is approximately 18.50% as of 2024. With a price-to-rent ratio of 12.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Cairo?
The average property price per square metre in Cairo city centre is EGP 45,000 in 2024. Outside the centre, expect to pay around EGP 28,000/sqm.