{"id":18401,"date":"2024-10-05T15:52:38","date_gmt":"2024-10-05T13:52:38","guid":{"rendered":"https:\/\/zawia3.com\/?p=18401"},"modified":"2026-10-09T04:29:16","modified_gmt":"2026-10-09T02:29:16","slug":"real-estate-in-egypt","status":"publish","type":"post","link":"https:\/\/zawia3.com\/en\/real-estate-in-egypt\/","title":{"rendered":"Analysis: Are Sudanese Really the Cause of Egypt&#8217;s Real Estate Crisis?"},"content":{"rendered":"<p>In a corner of his modest apartment in the 6th of October district of Giza Governorate, Shady, 38, sits on his chair leaning on his crutch, surrounded by a silence that reflects his daily tragedy since a horrific road accident two years ago. He can no longer afford his high treatment costs, in addition to the expenses of his three children. Despite these difficulties, Shady was surprised to find the crisis of rising rents threatening him with the loss of his home, his only refuge.<\/p>\n<p>Shady says: &#8220;After the accident, my life became more difficult. On top of all this, I received a letter from the landlord demanding that I either pay a higher rent or leave.&#8221; Shady now lives in a state of anxiety, as property prices and rents in Egypt have risen markedly and he cannot afford them, especially given his health condition, which prevents him from working and securing a steady income.<\/p>\n<p>Shady&#8217;s story is not an exception, but reflects the suffering of many Egyptian families facing the effects of the worsening real estate crisis. This data-driven investigation seeks to answer questions about the real reasons behind this large rise in prices, and whether the influx of Sudanese refugees fleeing conflict in their country has played a role in the growing pressure on the property market.<\/p>\n<audio class=\"wp-audio-shortcode\" id=\"audio-18401-1\" preload=\"none\" style=\"width: 100%;\" controls=\"controls\"><source type=\"audio\/mpeg\" src=\"https:\/\/zawia3.com\/wp-content\/uploads\/2024\/10\/WhatsApp-Ptt-2024-09-13-at-6.10.57-PM.mp3?_=1\" \/><a href=\"https:\/\/zawia3.com\/wp-content\/uploads\/2024\/10\/WhatsApp-Ptt-2024-09-13-at-6.10.57-PM.mp3\">https:\/\/zawia3.com\/wp-content\/uploads\/2024\/10\/WhatsApp-Ptt-2024-09-13-at-6.10.57-PM.mp3<\/a><\/audio>\n<p><em>A Sudanese woman living in Giza tells Zawia3 about the hardship of rents being raised every short while<\/em><\/p>\n<blockquote>\n<p>In our effort to understand the real reasons behind the marked rise in the prices of property and housing units in Egypt, we conducted a survey of a sample of 100 men and women from different social groups, governorates and age groups. The aim was to explore citizens&#8217; views on the factors behind this rise, whether purely economic or linked to the influx of people from neighbouring countries such as Sudan. The results showed that 55% believed the reason for rising prices was the Sudanese who fled to Egypt following the April 2023 war in Sudan, while 29% pointed to the rising dollar, inflation and the floating of the pound, 9% saw the reason as increased demand for property, and the authorities&#8217; halt to building permits came last, cited by 7% of the sample.<\/p>\n<\/blockquote>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-19060\" src=\"https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-19414624.png\" alt=\"Citizens opinions on the reasons for rising property prices\" width=\"1366\" height=\"768\" srcset=\"https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-19414624.png 1366w, https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-19414624-300x169.png 300w, https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-19414624-1024x576.png 1024w, https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-19414624-768x432.png 768w\" sizes=\"(max-width: 1366px) 100vw, 1366px\" \/><\/p>\n<p><strong>Recommended reading:<\/strong> <a href=\"https:\/\/zawia3.com\/%d8%a7%d9%84%d9%87%d8%b1%d9%88%d8%a8-%d9%85%d9%86-%d8%b3%d8%a7%d8%ad%d8%a7%d8%aa-%d8%a7%d9%84%d9%82%d8%aa%d8%a7%d9%84-%d8%a5%d9%84%d9%89-%d8%aa%d8%ad%d8%af%d9%91%d9%8a%d8%a7%d8%aa-%d8%a7%d9%84%d8%a7\/\">Fleeing Battlefields to the Challenges of Settling: Sudanese Refugees in Egypt and the Housing Crisis<\/a><\/p>\n<div class=\"z3-article-separator\" role=\"separator\" aria-label=\"Section divider\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 140 4269 130\" preserveAspectRatio=\"xMidYMid meet\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M120 211H4149\" fill=\"none\" stroke=\"#7e7e7e\" stroke-width=\"10\"\/><circle cx=\"1718\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"1718\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><circle cx=\"1930\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"1930\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><circle cx=\"2142\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"2142\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><circle cx=\"2354\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"2354\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><circle cx=\"2566\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"2566\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><\/svg><\/div>\n<h3>Are the Sudanese Really the Cause?<\/h3>\n<p>Egypt witnessed a large influx of Sudanese refugees after the outbreak of the internal war in Sudan, which caused panic and an exchange of accusations among some Egyptian citizens. At Zawia3, we are keen to search for and verify the facts, so in this investigation we followed a scientific approach based on analysing samples of properties in several areas, in order to establish the facts about rising prices. Before analysing the data we obtained, it was necessary to consult the official website of the UN <a href=\"https:\/\/www.unhcr.org\/ar\">Refugee Agency<\/a> to establish when Sudanese refugees arrived in Egypt, their numbers and the areas where they are concentrated.<\/p>\n<p>Data available in June this year indicate that Egypt hosted about 672,000 registered refugees and asylum seekers from 62 countries, with Sudanese forming the largest group of refugees in Egypt. Since April 2023, about 617,000 Sudanese have arrived in Egypt fleeing the crisis in their country. The largest number of refugees is concentrated in Giza Governorate, at about 315,000, followed by Cairo, which hosts about 193,000. Alexandria came third with about 55,000 refugees, followed by Qalyubia Governorate with 27,000, then Sharqia with 18,000, and finally Damietta with about 10,000. In the other governorates, the numbers ranged between 300 and 5,000 refugees. However, according to a recent report covering data up to the end of last September, estimates of displaced Sudanese in Egypt have increased: according to UNHCR, the Egyptian authorities informed it that about 1.2 million Sudanese have fled to Egypt from the war that has raged since April last year between the regular army and the Rapid Support Forces, but the number of refugees and asylum seekers among them is about half a million, 86% of whom arrived in Egypt after the war broke out (since the outbreak of the war, UNHCR has registered about 431,172 people, 95% of them from Sudan, followed by South Sudanese (2%) and Eritreans (2%)).<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-19066\" src=\"https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-IOp4l.png\" alt=\"Refugee concentration in Egypt by governorate\" width=\"1366\" height=\"768\" srcset=\"https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-IOp4l.png 1366w, https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-IOp4l-300x169.png 300w, https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-IOp4l-1024x576.png 1024w, https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-IOp4l-768x432.png 768w\" sizes=\"(max-width: 1366px) 100vw, 1366px\" \/><\/p>\n<p><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data[\"datawrapper-height\"][t]+\"px\";e[r].style.height=i}}}))}();<\/script><\/p>\n<p>Our journey began with data comprising about 20,000 listings and figures from governorates across the country, covering the period from 2021 to this year, 2024. 2021 was chosen as the starting point of our analysis because it is the closest year after the coronavirus crisis and the floating of the exchange rate that began in 2016, and it comes after 2018\/2019, the base year for consumer price indices.<\/p>\n<p>The consumer price index is used to measure the change in the prices of goods and services in retail markets, and is one of the important indicators for assessing inflation between two periods. The base year (2018\/2019) is the reference for the indices, while the comparison period in our investigation is June of each year.<\/p>\n<p><strong>Recommended reading:<\/strong> <a href=\"https:\/\/zawia3.com\/refugee-3\/\">Escaping the War in Sudan Does Not Mean Safety in Egypt<\/a><\/p>\n<div class=\"z3-article-separator\" role=\"separator\" aria-label=\"Section divider\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 140 4269 130\" preserveAspectRatio=\"xMidYMid meet\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M120 211H4149\" fill=\"none\" stroke=\"#7e7e7e\" stroke-width=\"10\"\/><circle cx=\"1718\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"1718\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><circle cx=\"1930\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"1930\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><circle cx=\"2142\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"2142\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><circle cx=\"2354\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"2354\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><circle cx=\"2566\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"2566\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><\/svg><\/div>\n<h3>What Do Prices Have to Do with the Dollar and the Value of the Pound?<\/h3>\n<p>Alaa El-Askary, professor of actuarial science at Al-Azhar University, points out that real estate in Egypt has become an investment commodity like any other in the local market, no longer just a means of housing or a consumer good. He explains: \"Property valuation is now linked to its being an investment commodity, which has led to the emergence of an informal real estate exchange, where fast supply and demand has become the main determinant of prices, allowing developers to drive increases at a rapid and noticeable pace.\"<\/p>\n<p>El-Askary adds: \"In addition, inflation plays a major role in raising property prices, as inflation reduces the purchasing power of money, meaning that the pound can no longer buy the same quantity of goods as in the past. Here we must distinguish between the nominal value of property, which is the declared or book value, and the real value, which reflects the actual price after taking inflation and the decline in the pound's value into account.\"<\/p>\n<div style=\"width: 800px;\" class=\"wp-video\"><video class=\"wp-video-shortcode\" id=\"video-18401-1\" width=\"800\" height=\"450\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/zawia3.com\/wp-content\/uploads\/2024\/10\/Vintage-History-Documentary-Intro-Opening-Video.mp4?_=1\" \/><a href=\"https:\/\/zawia3.com\/wp-content\/uploads\/2024\/10\/Vintage-History-Documentary-Intro-Opening-Video.mp4\">https:\/\/zawia3.com\/wp-content\/uploads\/2024\/10\/Vintage-History-Documentary-Intro-Opening-Video.mp4<\/a><\/video><\/div>\n<p>We compared the data with the real value of property based on the <a href=\"https:\/\/www.capmas.gov.eg\/Pages\/Publications.aspx?page_id=5107&amp;Year=23352\">consumer price index bulletin<\/a> issued by the Central Agency for Public Mobilization and Statistics. The nominal value of property is the declared price, while the real value refers to the purchasing power of units after discounting inflation using a mathematical formula: it is calculated by dividing the average price per square metre by the consumer price index published in July of each year, then multiplying the result by 100, which gives the average price per square metre after removing the effect of inflation.<\/p>\n<blockquote>\n<p>For example, in Alexandria Governorate, the average price of owned apartments was EGP 15,900 per square metre in 2024. After performing the calculations based on the index, we found the real value per metre to be EGP 7,218. In Giza Governorate, the average price per metre was about EGP 13,053, while the real value was EGP 5,926. In Cairo Governorate, the average nominal price reached EGP 12,800 per metre, while the real value was EGP 5,811.<\/p>\n<\/blockquote>\n<p>Comparing the real and nominal values of property prices from 2019 to 2024, to establish the actual increase in property prices, shows that Alexandria Governorate saw a gradual rise in both real and nominal value. In 2019, the real value was about EGP 4,857 per square metre, while the nominal value was EGP 5,827. In 2021, the real value rose to EGP 7,162 and the nominal value to EGP 10,289. The rise continued in 2022, with the real value reaching EGP 7,426 and the nominal value EGP 9,365. In 2023, the real value was EGP 7,459, while the nominal value reached EGP 11,503. In 2024, the real value fell to EGP 7,218 per metre, while the nominal value rose to EGP 15,900.<\/p>\n<p>In Cairo Governorate, the real value per square metre in 2019 was about EGP 6,338, while the nominal value was EGP 6,550. In 2021, the real value fell to EGP 6,264 and the nominal value was EGP 7,144. This decline continued in 2022, with the real value at EGP 6,001 and the nominal value at EGP 7,872. In 2023, the real value was EGP 5,624 and the nominal value EGP 9,872. This year, 2024, the real value was EGP 5,811 and the nominal value EGP 12,800. These figures indicate that the rise in property prices in Cairo is not entirely clear when looking at the pound's real value before the floats.<\/p>\n<p>Analysing the real and nominal value per square metre in Giza Governorate, we find that the real value in 2019 was about EGP 6,252, while the nominal value was EGP 6,475. In 2021, the real value rose to EGP 6,441 and the nominal value to EGP 7,345. However, values fell in 2022, with the real value at EGP 5,777 and the nominal value at EGP 7,573. In 2023, the decline continued, with the real value at EGP 5,116, while the nominal value reached EGP 8,981.<\/p>\n<p>By 2024, the real value had risen to EGP 5,926, while the nominal value jumped to EGP 13,053. This large rise in nominal prices points to the effect of inflation and the decline in the pound's value, which makes the marked increase in prices less apparent when looking at the real value per metre.<\/p>\n<p><strong>The Difference Between the Nominal and Real Value of Property Prices<\/strong><br \/>The impact of inflation on the market, from 2019 to 2024 (price per square metre in EGP: nominal \/ real)<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Governorate<\/strong><\/td>\n<td><strong>District<\/strong><\/td>\n<td><strong>2019<\/strong><\/td>\n<td><strong>2021<\/strong><\/td>\n<td><strong>2022<\/strong><\/td>\n<td><strong>2023<\/strong><\/td>\n<td><strong>2024<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Alexandria<\/td>\n<td>Asafra<\/td>\n<td>3,100 \/ 2,950<\/td>\n<td>6,083 \/ 5,225<\/td>\n<td>5,375 \/ 4,768<\/td>\n<td>6,850 \/ 3,657<\/td>\n<td>9,000 \/ 4,086<\/td>\n<\/tr>\n<tr>\n<td>Alexandria<\/td>\n<td>Smouha<\/td>\n<td>10,833 \/ 9,937<\/td>\n<td>12,667 \/ 10,018<\/td>\n<td>14,100 \/ 12,433<\/td>\n<td>23,250 \/ 12,413<\/td>\n<td>25,600 \/ 11,623<\/td>\n<\/tr>\n<tr>\n<td>Alexandria<\/td>\n<td>Sidi Bishr<\/td>\n<td>1,033 \/ 983<\/td>\n<td><\/td>\n<td><\/td>\n<td>7,250 \/ 5,032<\/td>\n<td>9,475 \/ 4,301<\/td>\n<\/tr>\n<tr>\n<td>Alexandria<\/td>\n<td>Sidi Gaber<\/td>\n<td>8,500 \/ 8,088<\/td>\n<td>9,767 \/ 8,132<\/td>\n<td>10,367 \/ 7,581<\/td>\n<td>13,983 \/ 9,660<\/td>\n<td>16,875 \/ 7,662<\/td>\n<\/tr>\n<tr>\n<td>Alexandria<\/td>\n<td>Miami<\/td>\n<td>5,250 \/ 4,995<\/td>\n<td>6,983 \/ 5,618<\/td>\n<td>7,283 \/ 5,471<\/td>\n<td>8,717 \/ 6,031<\/td>\n<td>11,525 \/ 5,232<\/td>\n<\/tr>\n<tr>\n<td>Giza<\/td>\n<td>October<\/td>\n<td>5,800 \/ 5,566<\/td>\n<td>7,567 \/ 6,634<\/td>\n<td>7,467 \/ 5,700<\/td>\n<td>9,317 \/ 5,300<\/td>\n<td>13,900 \/ 6,310<\/td>\n<\/tr>\n<tr>\n<td>Giza<\/td>\n<td>Giza<\/td>\n<td>3,700 \/ 3,534<\/td>\n<td>5,417 \/ 4,747<\/td>\n<td>5,967 \/ 4,566<\/td>\n<td>5,133 \/ 2,930<\/td>\n<td>6,500 \/ 2,951<\/td>\n<\/tr>\n<tr>\n<td>Giza<\/td>\n<td>Dokki<\/td>\n<td>11,900 \/ 11,584<\/td>\n<td>12,300 \/ 10,787<\/td>\n<td>12,767 \/ 9,743<\/td>\n<td>13,867 \/ 7,905<\/td>\n<td>19,900 \/ 9,034<\/td>\n<\/tr>\n<tr>\n<td>Giza<\/td>\n<td>Sheikh Zayed<\/td>\n<td>10,167 \/ 9,821<\/td>\n<td>10,533 \/ 9,238<\/td>\n<td>10,817 \/ 8,238<\/td>\n<td>15,550 \/ 8,851<\/td>\n<td>19,850 \/ 9,012<\/td>\n<\/tr>\n<tr>\n<td>Giza<\/td>\n<td>Mohandessin<\/td>\n<td>10,433 \/ 10,109<\/td>\n<td>10,933 \/ 9,589<\/td>\n<td>11,333 \/ 8,644<\/td>\n<td>12,883 \/ 7,343<\/td>\n<td>18,575 \/ 8,432<\/td>\n<\/tr>\n<tr>\n<td>Giza<\/td>\n<td>Haram<\/td>\n<td>3,400 \/ 3,312<\/td>\n<td>4,383 \/ 3,844<\/td>\n<td>4,050 \/ 3,088<\/td>\n<td>4,750 \/ 2,706<\/td>\n<td>7,175 \/ 3,257<\/td>\n<\/tr>\n<tr>\n<td>Giza<\/td>\n<td>Hadayek El Ahram<\/td>\n<td>3,833 \/ 3,725<\/td>\n<td>4,267 \/ 3,740<\/td>\n<td>4,767 \/ 3,633<\/td>\n<td>6,133 \/ 3,488<\/td>\n<td>11,775 \/ 5,345<\/td>\n<\/tr>\n<tr>\n<td>Giza<\/td>\n<td>Faisal<\/td>\n<td>2,567 \/ 2,364<\/td>\n<td>3,367 \/ 2,952<\/td>\n<td>3,417 \/ 2,604<\/td>\n<td>4,217 \/ 2,402<\/td>\n<td>6,750 \/ 3,064<\/td>\n<\/tr>\n<tr>\n<td>Cairo<\/td>\n<td>New Cairo<\/td>\n<td>9,633 \/ 9,269<\/td>\n<td>10,333 \/ 9,059<\/td>\n<td>11,900 \/ 9,067<\/td>\n<td>15,833 \/ 9,014<\/td>\n<td>20,000 \/ 9,080<\/td>\n<\/tr>\n<tr>\n<td>Cairo<\/td>\n<td>Ain Shams<\/td>\n<td>3,183 \/ 3,096<\/td>\n<td>3,650 \/ 3,200<\/td>\n<td>4,000 \/ 3,050<\/td>\n<td>4,317 \/ 2,463<\/td>\n<td>5,650 \/ 2,565<\/td>\n<\/tr>\n<tr>\n<td>Cairo<\/td>\n<td>Nasr City<\/td>\n<td>6,833 \/ 6,650<\/td>\n<td>7,450 \/ 6,533<\/td>\n<td>7,717 \/ 5,885<\/td>\n<td>9,467 \/ 5,394<\/td>\n<td>12,750 \/ 5,788<\/td>\n<\/tr>\n<tr>\n<td>Alexandria<\/td>\n<td>Ibrahimiya<\/td>\n<td><\/td>\n<td>11,250 \/ 9,193<\/td>\n<td>9,950 \/ 7,659<\/td>\n<td>11,900 \/ 8,208<\/td>\n<td>17,225 \/ 7,819<\/td>\n<\/tr>\n<tr>\n<td>Alexandria<\/td>\n<td>Roushdy<\/td>\n<td><\/td>\n<td>14,983 \/ 4,784<\/td>\n<td><\/td>\n<td>16,900 \/ 9,023<\/td>\n<td>21,600 \/ 9,807<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Source: Aqarmap, calculations by the investigation's author<\/em><\/p>\n<p><strong>Recommended reading:<\/strong> <a href=\"https:\/\/zawia3.com\/refugee-2\/\">Rising Health Care Costs Deepen Refugees' Suffering in Egypt<\/a><\/p>\n<div class=\"z3-article-separator\" role=\"separator\" aria-label=\"Section divider\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 140 4269 130\" preserveAspectRatio=\"xMidYMid meet\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M120 211H4149\" fill=\"none\" stroke=\"#7e7e7e\" stroke-width=\"10\"\/><circle cx=\"1718\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"1718\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><circle cx=\"1930\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"1930\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><circle cx=\"2142\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"2142\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><circle cx=\"2354\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"2354\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><circle cx=\"2566\" cy=\"211\" r=\"56\" fill=\"#fafafa\" stroke=\"#9c9c9c\" stroke-width=\"3\"\/><circle cx=\"2566\" cy=\"202\" r=\"50\" fill=\"#647580\" stroke=\"#4e5962\" stroke-width=\"4\"\/><\/svg><\/div>\n<h3>Data Analysis<\/h3>\n<blockquote>\n<p>In 2021, the average rent for unfurnished apartments of 100 to 200 square metres in Egypt was about EGP 2,487. Since then, rents have risen continuously, reaching about EGP 12,268 this year, 2024. This large rise reflects the effects of inflation and market changes on rents in Egypt during this period.<\/p>\n<\/blockquote>\n<p>The jump in prices was not sudden but gradual. In 2022, the average price was about EGP 6,521, rising in 2023 to EGP 10,881. Giza Governorate had the highest average rents among the governorates in that period, but it fell to third place in 2024 after Cairo and Alexandria. Cairo recorded the highest average rent this year at EGP 16,484, followed by Alexandria at EGP 11,467, then Giza at EGP 10,035.<\/p>\n<p>For furnished apartments of the same sizes, Giza recorded an average rent of EGP 3,833 in 2021, while the average in Cairo was EGP 3,181. These figures rose markedly in 2024, with the average rent in Giza reaching EGP 14,667, a figure that has remained unchanged since 2023.<\/p>\n<p>Old rent for the same size saw successive changes. In 2021, the average price per metre in Giza was about EGP 133,000, rising to EGP 148,000 in 2022, before falling to EGP 85,000 in 2023. In 2024, this system almost disappeared.<\/p>\n<p><strong>Maged Abdel Azim<\/strong>, professor of economics at the City of Culture and Science, explains these figures by saying that demand for old rent has fallen because of changes in the laws governing this sector in the previous period, which made buyers retreat from this type of contract, because under the amendments of the new draft law, which has not yet been passed, it may be limited to a short period of 59 years, not inheritable by children, with the landlord having the right to evict the tenant's children after his death.<\/p>\n<p>It is worth noting that the <a href=\"https:\/\/www.propertyfinder.eg\/blog\/%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%A5%D9%8A%D8%AC%D8%A7%D8%B1-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF\/\">old rent law<\/a> gave tenants the right to stay in the rented unit and pass it on to their children for a few pounds, while the landlord might not find a place to live for himself or his children because he had no right to remove the tenant or his heirs from the property. The law was then amended in 1996 to provide for freedom of contract between landlord and tenant regarding the contract period, with the lease ending at the end of the term stated in the contract and renewable if both parties agree; the customary term here is 59 years, renewable by agreement.<\/p>\n<p>Abdel Azim adds: \"By this logic, old rent is no longer a safe option for many citizens, especially given the uncertain future of this type of contract pending the new law that may determine its fate, which is still being studied by the House of Representatives.\"<\/p>\n<blockquote>\n<p>Although Damietta and Sharqia governorates host relatively low numbers of refugees and migrants, with Damietta receiving about 10,000 refugees and Sharqia about 18,000 according to official data, rents in both governorates have risen markedly in recent years. In Sharqia Governorate, the average new rent was about EGP 3,263 in 2021, rising to EGP 5,392 in 2023 and reaching EGP 8,650 in 2024. In Damietta Governorate, the average new rent was about EGP 2,621 in 2021, rising to EGP 5,860 in 2023 and reaching about EGP 10,000 this year.<\/p>\n<\/blockquote>\n<p>To verify the figures drawn from the data analysis, we asked Mahmoud, a broker in Cairo Governorate, about the type of apartments Sudanese prefer. Mahmoud indicated that Sudanese usually look for large housing units of between 200 and 230 square metres, so that more than one family can fit into a single apartment.<\/p>\n<p>After reviewing our database, we found that the average new rent for unfurnished apartments of these sizes in 2021 was about EGP 8,800 in Cairo, EGP 8,389 in Giza, about EGP 3,000 in Damietta and about EGP 3,220 in Sharqia.<\/p>\n<blockquote>\n<p>Rents in Egypt rose markedly in 2022. In Cairo, rents increased by 400%, with the average rent rising to about EGP 16,276 compared with about EGP 3,100 the previous year. Giza Governorate followed with an increase of 145% over the previous year, with the average rent in 2022 reaching about EGP 15,450, up from EGP 6,297 in 2021.<\/p>\n<p>In Alexandria and Sharqia, the increase was about 55%. In Alexandria, the average rent reached EGP 16,644 in 2022, compared with EGP 8,800 in 2021. In Sharqia, the average rent was EGP 4,505 in 2022, up from EGP 2,900 in 2021.<\/p>\n<p>On the other hand, Damietta Governorate saw a decrease in average rents in 2022, with the average at about EGP 3,750 compared with EGP 4,833 in 2021.<\/p>\n<\/blockquote>\n<p>According to the observations we collected on the rates of increase during 2023 and 2024, these increases contradict what the broker Mahmoud said about the effect of high demand on prices. Increased demand usually leads to higher prices, but the large increase in 2022 offset the rates of increase recorded in 2023 compared with the previous year. For example, prices in Alexandria rose by 32% in 2023, compared with an increase of 55% in 2022, indicating a slowdown in the rate of increase.<\/p>\n<p>The situation is similar in Giza, which recorded an increase of 18% in 2023 after an increase of 145% in 2022, and in Cairo, which saw an increase of 97% in 2023 compared with 400% in 2022. Meanwhile, Sharqia continued to record the same rate of increase.<\/p>\n<p>The surprise was the fall in prices in 2024 in this category of rental apartments. In Alexandria Governorate, the average rent fell from about EGP 18,010 in 2023 to EGP 16,824 this year. In Cairo, it fell from EGP 32,093 last year to EGP 30,491 this year. In Giza, the average rent dropped from about EGP 18,249 last year to EGP 15,088 in 2024.<\/p>\n<p><strong>Evolution of Average Rents in Egypt's Governorates<\/strong><br \/>From 2019 to 2024 (average rent in EGP, by apartment size in square metres)<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Governorate<\/strong><\/td>\n<td><strong>Year<\/strong><\/td>\n<td><strong>40 to 100 sq m<\/strong><\/td>\n<td><strong>100 to 200 sq m<\/strong><\/td>\n<td><strong>200 to 350 sq m<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Alexandria<\/td>\n<td>2021<\/td>\n<td>2,106<\/td>\n<td>2,507<\/td>\n<td>8,800<\/td>\n<\/tr>\n<tr>\n<td>Alexandria<\/td>\n<td>2022<\/td>\n<td>2,781<\/td>\n<td>6,605<\/td>\n<td>13,644<\/td>\n<\/tr>\n<tr>\n<td>Alexandria<\/td>\n<td>2023<\/td>\n<td>4,986<\/td>\n<td>9,952<\/td>\n<td>18,010<\/td>\n<\/tr>\n<tr>\n<td>Alexandria<\/td>\n<td>2024<\/td>\n<td>4,969<\/td>\n<td>11,467<\/td>\n<td>16,824<\/td>\n<\/tr>\n<tr>\n<td>Giza<\/td>\n<td>2021<\/td>\n<td>7,799<\/td>\n<td>4,080<\/td>\n<td>6,297<\/td>\n<\/tr>\n<tr>\n<td>Giza<\/td>\n<td>2022<\/td>\n<td>6,432<\/td>\n<td>7,116<\/td>\n<td>15,450<\/td>\n<\/tr>\n<tr>\n<td>Giza<\/td>\n<td>2023<\/td>\n<td>6,144<\/td>\n<td>9,912<\/td>\n<td>18,294<\/td>\n<\/tr>\n<tr>\n<td>Giza<\/td>\n<td>2024<\/td>\n<td>7,748<\/td>\n<td>10,035<\/td>\n<td>15,088<\/td>\n<\/tr>\n<tr>\n<td>Sharqia<\/td>\n<td>2021<\/td>\n<td>1,903<\/td>\n<td>3,263<\/td>\n<td>2,900<\/td>\n<\/tr>\n<tr>\n<td>Sharqia<\/td>\n<td>2022<\/td>\n<td>2,509<\/td>\n<td>3,919<\/td>\n<td>4,505<\/td>\n<\/tr>\n<tr>\n<td>Sharqia<\/td>\n<td>2023<\/td>\n<td>4,147<\/td>\n<td>5,392<\/td>\n<td>7,000<\/td>\n<\/tr>\n<tr>\n<td>Sharqia<\/td>\n<td>2024<\/td>\n<td>1,700<\/td>\n<td>8,650<\/td>\n<td>4,750<\/td>\n<\/tr>\n<tr>\n<td>Cairo<\/td>\n<td>2021<\/td>\n<td>1,583<\/td>\n<td>2,850<\/td>\n<td>3,100<\/td>\n<\/tr>\n<tr>\n<td>Cairo<\/td>\n<td>2022<\/td>\n<td>4,443<\/td>\n<td>5,500<\/td>\n<td>16,276<\/td>\n<\/tr>\n<tr>\n<td>Cairo<\/td>\n<td>2023<\/td>\n<td>12,188<\/td>\n<td>19,310<\/td>\n<td>32,093<\/td>\n<\/tr>\n<tr>\n<td>Cairo<\/td>\n<td>2024<\/td>\n<td>12,068<\/td>\n<td>16,484<\/td>\n<td>30,491<\/td>\n<\/tr>\n<tr>\n<td>Qalyubia<\/td>\n<td>2023<\/td>\n<td>3,369<\/td>\n<td>4,792<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>Qalyubia<\/td>\n<td>2024<\/td>\n<td>4,850<\/td>\n<td>6,957<\/td>\n<td>2,000<\/td>\n<\/tr>\n<tr>\n<td>Damietta<\/td>\n<td>2021<\/td>\n<td>2,539<\/td>\n<td>2,621<\/td>\n<td>4,833<\/td>\n<\/tr>\n<tr>\n<td>Damietta<\/td>\n<td>2022<\/td>\n<td>3,437<\/td>\n<td>2,633<\/td>\n<td>3,750<\/td>\n<\/tr>\n<tr>\n<td>Damietta<\/td>\n<td>2023<\/td>\n<td>2,250<\/td>\n<td>5,860<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>Damietta<\/td>\n<td>2024<\/td>\n<td><\/td>\n<td>10,000<\/td>\n<td>10,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Source: Database compiled by the investigation's author from advertisements on several websites<\/em><\/p>\n<p>Real estate expert Imam Gomaa comments on the previous analysis, stressing that the decline in property prices this year is natural. He points out that this decline came after large dollar sums were pumped into Egypt through the Ras El-Hekma project, along with many citizens turning to invest in property in new coastal cities such as El-Alamein and Ras El-Hekma, which diverted interest away from buying property in Cairo, Giza or other governorates.<\/p>\n<p><strong>Recommended reading:<\/strong> <a href=\"https:\/\/zawia3.com\/nubia\/\">How Has Hate Speech Against Sudanese Affected Egyptian Nubians?<\/a><\/p>\n<p>This explains the fall in prices in some governorates during 2024, but it raises a question about the relationship between property prices and changes in the dollar exchange rate.<\/p>\n<blockquote>\n<p>We analysed data on owned apartments and properties in 2024 to determine the governorates that saw the highest rates of price increase. The data showed that Sohag Governorate topped the list with an increase of 104%, putting the Upper Egypt governorates first in rates of increase compared with the rest of the country. The sample included (Aswan, Assiut, Luxor, Hurghada and Sohag), which recorded a combined increase of 59%. Mansoura came second with an increase of 56%, followed by Giza at 45%, then Cairo at 33%, Alexandria at 32%, and finally Qalyubia at 23%.<\/p>\n<\/blockquote>\n<p>As for districts, Hadayek El-Ahram in Giza recorded the highest increase at 96%, followed by Faisal at 78%, then Bashtil at 66%. In Alexandria, El-Asafra district topped the list with an increase of 57%, followed by Fleming and Ibrahimiya at 51% each. In the Greater Cairo region, the Obour area came first at 92%, followed by Helwan at 59%, then Zeitoun at 57%, Heliopolis at 54%, and finally the New Administrative Capital at 48%.<\/p>\n<p>Reviewing these data, we note several important points: first, the highest increase was in the Upper Egypt governorates, areas that do not have a notable Sudanese presence according to UNHCR reports. Second, the districts that recorded the highest price increases are far from known Sudanese concentrations, and increases were recorded in some new cities such as the Administrative Capital and Hadayek El-Ahram, which are considered new centres of urban development projects.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-19063\" src=\"https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-19413189.png\" alt=\"Areas with the highest rise in price per metre\" width=\"1366\" height=\"900\" srcset=\"https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-19413189.png 1366w, https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-19413189-300x198.png 300w, https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-19413189-1024x675.png 1024w, https:\/\/zawia3.com\/wp-content\/uploads\/2026\/10\/en-chart-19413189-768x506.png 768w\" sizes=\"(max-width: 1366px) 100vw, 1366px\" \/><\/p>\n<p>Looking at the figures after October 2023, which UNHCR identified as the month that received the most displaced people from Sudan, and comparing them with the period after the floating of the Egyptian pound in March 2024, we note that the increase in property prices in the Upper Egypt governorates was about 21%. In the period between March and August 2024, the rate rose to 33%. In Giza Governorate, the increase rose from 16% to 18%, in Alexandria from 13% to 17%, and in Cairo from 10% to 17%.<\/p>\n<p>These data support what real estate expert Imam Gomaa said, and indicate that the rise in prices is not linked to the influx of Sudanese into Egypt, but is attributable more to other factors such as the floating of the exchange rate.<\/p>\n<p><strong>Comparison Between the Months of the Sudanese Arrival and the Months of the Flotation<\/strong><br \/>In the period between October 2023 and August 2024<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Area<\/strong><\/td>\n<td><strong>Change between February and October (arrival of the Sudanese)<\/strong><\/td>\n<td><strong>Change between March and August (flotation)<\/strong><\/td>\n<\/tr>\n<tr>\n<td>New Cairo - Fifth Settlement<\/td>\n<td>9%<\/td>\n<td>11%<\/td>\n<\/tr>\n<tr>\n<td>Sohag<\/td>\n<td>22%<\/td>\n<td>66%<\/td>\n<\/tr>\n<tr>\n<td>Hadayek El Ahram<\/td>\n<td>38%<\/td>\n<td>29%<\/td>\n<\/tr>\n<tr>\n<td>Obour<\/td>\n<td>25%<\/td>\n<td>41%<\/td>\n<\/tr>\n<tr>\n<td>Heliopolis<\/td>\n<td>8%<\/td>\n<td>37%<\/td>\n<\/tr>\n<tr>\n<td>Faisal<\/td>\n<td>26%<\/td>\n<td>29%<\/td>\n<\/tr>\n<tr>\n<td>15th of May<\/td>\n<td>26%<\/td>\n<td>26%<\/td>\n<\/tr>\n<tr>\n<td>Beshtil<\/td>\n<td>30%<\/td>\n<td>26%<\/td>\n<\/tr>\n<tr>\n<td>Zamalek<\/td>\n<td>1%<\/td>\n<td>1%<\/td>\n<\/tr>\n<tr>\n<td>Roushdy<\/td>\n<td>26%<\/td>\n<td>8%<\/td>\n<\/tr>\n<tr>\n<td>Luxor<\/td>\n<td>35%<\/td>\n<td>20%<\/td>\n<\/tr>\n<tr>\n<td>Haram<\/td>\n<td>19%<\/td>\n<td>27%<\/td>\n<\/tr>\n<tr>\n<td>Mansoura<\/td>\n<td>20%<\/td>\n<td>33%<\/td>\n<\/tr>\n<tr>\n<td>Hurghada<\/td>\n<td>35%<\/td>\n<td>19%<\/td>\n<\/tr>\n<tr>\n<td>Agouza<\/td>\n<td>14%<\/td>\n<td>31%<\/td>\n<\/tr>\n<tr>\n<td>Asafra<\/td>\n<td>18%<\/td>\n<td>34%<\/td>\n<\/tr>\n<tr>\n<td>Zeitoun<\/td>\n<td>15%<\/td>\n<td>29%<\/td>\n<\/tr>\n<tr>\n<td>Garden City<\/td>\n<td>2%<\/td>\n<td>14%<\/td>\n<\/tr>\n<tr>\n<td>Downtown<\/td>\n<td>7%<\/td>\n<td>2%<\/td>\n<\/tr>\n<tr>\n<td>Dokki<\/td>\n<td>18%<\/td>\n<td>25%<\/td>\n<\/tr>\n<tr>\n<td>Miami<\/td>\n<td>18%<\/td>\n<td>31%<\/td>\n<\/tr>\n<tr>\n<td>Banha<\/td>\n<td>12%<\/td>\n<td>36%<\/td>\n<\/tr>\n<tr>\n<td>Shubra<\/td>\n<td>9%<\/td>\n<td>10%<\/td>\n<\/tr>\n<tr>\n<td>Imbaba<\/td>\n<td>-2%<\/td>\n<td>-9%<\/td>\n<\/tr>\n<tr>\n<td>New Mansoura<\/td>\n<td>36%<\/td>\n<td>12%<\/td>\n<\/tr>\n<tr>\n<td>6th of October<\/td>\n<td>23%<\/td>\n<td>18%<\/td>\n<\/tr>\n<tr>\n<td>Abbasiya<\/td>\n<td>6%<\/td>\n<td>20%<\/td>\n<\/tr>\n<tr>\n<td>Maadi<\/td>\n<td>17%<\/td>\n<td>23%<\/td>\n<\/tr>\n<tr>\n<td>New Nozha<\/td>\n<td>3%<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Sayeda Zeinab<\/td>\n<td>6%<\/td>\n<td>9%<\/td>\n<\/tr>\n<tr>\n<td>Mohandessin<\/td>\n<td>17%<\/td>\n<td>24%<\/td>\n<\/tr>\n<tr>\n<td>Fleming<\/td>\n<td>16%<\/td>\n<td>30%<\/td>\n<\/tr>\n<tr>\n<td>Ibrahimiya<\/td>\n<td>21%<\/td>\n<td>24%<\/td>\n<\/tr>\n<tr>\n<td>El Marg<\/td>\n<td>2%<\/td>\n<td>12%<\/td>\n<\/tr>\n<tr>\n<td>El Salam City<\/td>\n<td>7%<\/td>\n<td>9%<\/td>\n<\/tr>\n<tr>\n<td>Sharabiya<\/td>\n<td>5%<\/td>\n<td>-1%<\/td>\n<\/tr>\n<tr>\n<td>Basateen<\/td>\n<td>-7%<\/td>\n<td>12%<\/td>\n<\/tr>\n<tr>\n<td>Sidi Bishr<\/td>\n<td>18%<\/td>\n<td>27%<\/td>\n<\/tr>\n<tr>\n<td>Nasr City<\/td>\n<td>14%<\/td>\n<td>25%<\/td>\n<\/tr>\n<tr>\n<td>New Administrative Capital<\/td>\n<td>26%<\/td>\n<td>14%<\/td>\n<\/tr>\n<tr>\n<td>Shorouk City<\/td>\n<td>9%<\/td>\n<td>13%<\/td>\n<\/tr>\n<tr>\n<td>Helwan<\/td>\n<td>11%<\/td>\n<td>25%<\/td>\n<\/tr>\n<tr>\n<td>Qalyub<\/td>\n<td>6%<\/td>\n<td>-13%<\/td>\n<\/tr>\n<tr>\n<td>Smouha<\/td>\n<td>9%<\/td>\n<td>4%<\/td>\n<\/tr>\n<tr>\n<td>New Miami<\/td>\n<td>14%<\/td>\n<td>29%<\/td>\n<\/tr>\n<tr>\n<td>Shatby<\/td>\n<td>16%<\/td>\n<td>4%<\/td>\n<\/tr>\n<tr>\n<td>Mokattam<\/td>\n<td>16%<\/td>\n<td>19%<\/td>\n<\/tr>\n<tr>\n<td>Bolkly<\/td>\n<td>13%<\/td>\n<td>27%<\/td>\n<\/tr>\n<tr>\n<td>Ain Shams<\/td>\n<td>13%<\/td>\n<td>22%<\/td>\n<\/tr>\n<tr>\n<td>Victoria<\/td>\n<td>13%<\/td>\n<td>27%<\/td>\n<\/tr>\n<tr>\n<td>Laurent<\/td>\n<td>17%<\/td>\n<td>22%<\/td>\n<\/tr>\n<tr>\n<td>Mandara<\/td>\n<td>17%<\/td>\n<td>21%<\/td>\n<\/tr>\n<tr>\n<td>Hannoville<\/td>\n<td>7%<\/td>\n<td>29%<\/td>\n<\/tr>\n<tr>\n<td>Borg El Arab<\/td>\n<td>9%<\/td>\n<td>16%<\/td>\n<\/tr>\n<tr>\n<td>Camp Caesar<\/td>\n<td>8%<\/td>\n<td>11%<\/td>\n<\/tr>\n<tr>\n<td>Badr City<\/td>\n<td>11%<\/td>\n<td>25%<\/td>\n<\/tr>\n<tr>\n<td>Giza<\/td>\n<td>14%<\/td>\n<td>20%<\/td>\n<\/tr>\n<tr>\n<td>Zizinia<\/td>\n<td>16%<\/td>\n<td>21%<\/td>\n<\/tr>\n<tr>\n<td>Moharram Bek<\/td>\n<td>9%<\/td>\n<td>22%<\/td>\n<\/tr>\n<tr>\n<td>Sheikh Zayed<\/td>\n<td>14%<\/td>\n<td>8%<\/td>\n<\/tr>\n<tr>\n<td>Omraniya<\/td>\n<td>11%<\/td>\n<td>21%<\/td>\n<\/tr>\n<tr>\n<td>Stanley<\/td>\n<td>8%<\/td>\n<td>21%<\/td>\n<\/tr>\n<tr>\n<td>New Heliopolis<\/td>\n<td>12%<\/td>\n<td>23%<\/td>\n<\/tr>\n<tr>\n<td>Sporting<\/td>\n<td>16%<\/td>\n<td>19%<\/td>\n<\/tr>\n<tr>\n<td>Bacos<\/td>\n<td>8%<\/td>\n<td>11%<\/td>\n<\/tr>\n<tr>\n<td>Manial<\/td>\n<td>16%<\/td>\n<td>13%<\/td>\n<\/tr>\n<tr>\n<td>Saba Pasha<\/td>\n<td>18%<\/td>\n<td>14%<\/td>\n<\/tr>\n<tr>\n<td>Cleopatra<\/td>\n<td>14%<\/td>\n<td>18%<\/td>\n<\/tr>\n<tr>\n<td>Kafr Abdo<\/td>\n<td>14%<\/td>\n<td>17%<\/td>\n<\/tr>\n<tr>\n<td>Hadara<\/td>\n<td>4%<\/td>\n<td>4%<\/td>\n<\/tr>\n<tr>\n<td>Abu Qir<\/td>\n<td>13%<\/td>\n<td>17%<\/td>\n<\/tr>\n<tr>\n<td>King Mariout<\/td>\n<td>9%<\/td>\n<td>8%<\/td>\n<\/tr>\n<tr>\n<td>Manshiya<\/td>\n<td>12%<\/td>\n<td>4%<\/td>\n<\/tr>\n<tr>\n<td>Hadayek El Kobba<\/td>\n<td>10%<\/td>\n<td>16%<\/td>\n<\/tr>\n<tr>\n<td>Montaza<\/td>\n<td>15%<\/td>\n<td>14%<\/td>\n<\/tr>\n<tr>\n<td>Amreya<\/td>\n<td>2%<\/td>\n<td>30%<\/td>\n<\/tr>\n<tr>\n<td>Abu Talat<\/td>\n<td>12%<\/td>\n<td>8%<\/td>\n<\/tr>\n<tr>\n<td>Assiut<\/td>\n<td>10%<\/td>\n<td>19%<\/td>\n<\/tr>\n<tr>\n<td>Raml Station<\/td>\n<td>6%<\/td>\n<td>-1%<\/td>\n<\/tr>\n<tr>\n<td>Matariya<\/td>\n<td>10%<\/td>\n<td>14%<\/td>\n<\/tr>\n<tr>\n<td>Maamoura<\/td>\n<td>14%<\/td>\n<td>12%<\/td>\n<\/tr>\n<tr>\n<td>San Stefano<\/td>\n<td>16%<\/td>\n<td>10%<\/td>\n<\/tr>\n<tr>\n<td>El Seyouf<\/td>\n<td>11%<\/td>\n<td>5%<\/td>\n<\/tr>\n<tr>\n<td>El Alamein<\/td>\n<td>-3%<\/td>\n<td>2%<\/td>\n<\/tr>\n<tr>\n<td>North Coast<\/td>\n<td>5%<\/td>\n<td>-3%<\/td>\n<\/tr>\n<tr>\n<td>New Alamein<\/td>\n<td>-1%<\/td>\n<td>2%<\/td>\n<\/tr>\n<tr>\n<td>Glim<\/td>\n<td>14%<\/td>\n<td>11%<\/td>\n<\/tr>\n<tr>\n<td>Aswan<\/td>\n<td>1%<\/td>\n<td>39%<\/td>\n<\/tr>\n<tr>\n<td>Gianaclis<\/td>\n<td>12%<\/td>\n<td>12%<\/td>\n<\/tr>\n<tr>\n<td>Sidi Gaber<\/td>\n<td>12%<\/td>\n<td>11%<\/td>\n<\/tr>\n<tr>\n<td>El Khalifa<\/td>\n<td>12%<\/td>\n<td>22%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Source: Data compiled by the investigation's author from Aqarmap<\/em><\/p>\n<p>The data analysis in this investigation refutes the accusation that Sudanese are the primary cause of rising rents in Egypt. Hanaa, a displaced Sudanese woman, comments: \"Egypt is no longer the Egypt I knew and that we used to visit every year; the increase in apartment rents is exaggerated. We see the suffering of Egyptians because of it, so imagine the Sudanese fleeing the hell of war. The same apartment we used to rent months before the war has increased several times over, from eight to 18 and 20 thousand pounds.\"<\/p>\n<p>Hanaa explains that when she confronted the landlord over the increase, he accused her and her fellow Sudanese of being the cause. She denies that the arrival of Sudanese in Egypt is the main reason for rising residential rents, adding: \"There are many reasons other than rising demand, and even so, this does not justify all these increases; the increases have sometimes become monthly.\"<\/p>\n<hr \/>\n<p><strong>Note<\/strong>: The author of this investigation relied on the report issued by UNHCR in <a href=\"https:\/\/www.unhcr.org\/eg\/wp-content\/uploads\/sites\/36\/2024\/07\/UNHCR-Egypt-Factsheet_June-2024-Arabic.pdf\">June 2024<\/a> as the main reference for estimating refugee numbers, as our analysis covers property prices and the reasons for their rise between June 2020 and June 2024. UNHCR issued a report with different figures on 2 October 2024, which can be viewed through this link: <a href=\"https:\/\/www.unhcr.org\/eg\/unhcr-egypt-documents\" target=\"_new\" rel=\"noopener\">UNHCR report<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data show the steepest property price rises were in Upper Egypt, where UNHCR reports no notable Sudanese presence, undercutting the blame placed on refugees.<\/p>\n","protected":false},"author":11,"featured_media":10740,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[410],"tags":[19434,19431,19435,19437,19039,19433,19436,19432,19430,6271],"kateb":[8744],"class_list":["post-18401","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investigations-en","tag-data-driven-investigation","tag-egypt-property-prices","tag-giza-rents","tag-hate-speech-against-sudanese","tag-old-rent-law-egypt","tag-pound-devaluation-property","tag-ras-el-hekma-real-estate","tag-rent-increases-egypt","tag-sudanese-refugees-egypt","tag-unhcr-egypt","kateb-asmaa-hasnen"],"jetpack_featured_media_url":"https:\/\/zawia3.com\/wp-content\/uploads\/2024\/10\/\u0627\u0644\u0633\u0648\u062f\u0627\u0646-.png","_links":{"self":[{"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/posts\/18401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/comments?post=18401"}],"version-history":[{"count":6,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/posts\/18401\/revisions"}],"predecessor-version":[{"id":19068,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/posts\/18401\/revisions\/19068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/media\/10740"}],"wp:attachment":[{"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/media?parent=18401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/categories?post=18401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/tags?post=18401"},{"taxonomy":"kateb","embeddable":true,"href":"https:\/\/zawia3.com\/en\/wp-json\/wp\/v2\/kateb?post=18401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}