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In an exclusive interview with Dr. Ahmed Omar, Chairman of the Board of ARX Real Estate Development
the discussion began by reflecting on recent years in the Egyptian real estate market, which has undergone
profound transformations, these changes highlight the dynamism of the Egyptian economy and its ability to
adapt to both local and global shifts, despite significant challenges.
During 2024, Egypt’s real estate market experienced a historic surge in sales, exceeding 65% growth and
reaching nearly EGP 2.5 trillion, this unprecedented growth not only demonstrates strong demand but also
reflects increasing confidence in real estate as a safe haven for investment especially amid the economic
challenges faced both regionally and globally.
Opportunities Arise from Challenges
Omar stated that the price increases in the Egyptian market were not simply a reflection of the liberalization
of the exchange rate or the inflated construction costs, but were also a result of the increased value of real
estate as a store of value and the desire of broad segments of society to acquire assets that preserve their
savings, unit prices in some vital areas have risen by more than 100%, demonstrating the transformation
of the real estate market from a mere commercial activity to a platform for long-term investment.
A Vision for Sustainable Expansion
Dr. Ahmed emphasized that ARX is committed to smart, well-planned expansion in the coming phase, with
a particular focus on new urban centers such as the New Administrative Capital, New Cairo, and New
Alamein, additionally, operational development will play a crucial role, equipping clients and investors with
tools to generate substantial operational returns and manage assets effectively alongside traditional
investment returns.
On the Expected Rise in Property Prices
Dr. Ahmed forecasted that real estate prices will continue to rise in 2025 by an estimated 25% to 40%, this
increase will be driven by improved economic performance and growing interest in Egyptian real estate
from both foreign investors and Egyptians living abroad, however, more important than price figures, he
noted, is the quality of projects, their management, and long-term sustainability.
The Biggest Challenge: Staying in Sync
Despite this optimism, we cannot ignore talk of the so-called "real estate bubble."
Our responsibility as leaders in this sector requires us to be cautious, closely monitor the market, and
ensure that supply does not exceed real demand, and that financing is conducted in safe and thoughtful ways.
“At ARX, we are committed to providing realistic real estate solutions that meet the needs of the Egyptian
citizen, take into account global market trends, and are built with a national spirit focused on quality and
sustainability.”
In Summary
Egypt’s real estate sector stands before a historic opportunity to become a genuine engine of
development creating jobs, supporting the economy, and promoting social justice by enabling more
citizens to own high-quality housing units.
As leaders of national real estate institutions,” Dr. Omar concluded, we reaffirm our full commitment to
continuing to build—not just properties, but the future.”
