Egypt north coast residential prices rise 390 percent

A new JLL report shows residential prices on Egypt’s North Coast have surged nearly 390 percent between 2023 and the third quarter of 2025.

The report titled Leveraging Natural Beauty highlights the region’s shift into a year-round luxury destination backed by major infrastructure and government planning. It notes demand driven by second-home buyers including affluent Egyptian families and GCC investors.

Villas posted the sharpest gains climbing more than 519 percent to around 298800 Egyptian pounds per square metre while townhouse prices rose 361 percent. Ras El Hekma saw the strongest appreciation moving from 43667 pounds per square metre in 2023 to nearly 217768 pounds in the third quarter of 2025.

The report projects hotel keys will grow to 6700 by 2030 with hospitality investments reaching 40.7 billion dollars between 2026 and 2030. Ras El Hekma’s integrated city spans 170 million square metres under a 35 billion dollar partnership with Abu Dhabi’s ADQ sovereign wealth fund.

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