Cairo's Commercial Property Market: What New Buyers Need Know

Cairo's office stock reached 2.8 million sqm in Q1 2026 after more than 100,000 sqm of Grade A and B space was delivered, with New Cairo accounting for nearly 90 percent of that total.

Current Supply Levels

Retail deliveries added approximately 89,000 sqm in the same quarter, lifting total retail stock above 3.3 million sqm, while another 331,300 sqm is scheduled for later in the year. These figures indicate steady additions across both sectors that buyers must weigh when assessing availability and competition for space.

Rental and Yield Considerations

Rental rates are expected to increase after the March 2026 currency adjustment, prompting landlords to review pricing even though rates had remained stable beforehand. Commercial office vacancy for premium spaces stood at 8.6-9 percent in mid-2025, down from over 10 percent the year before, while rental yields range from 6-13 percent depending on location. New buyers can use these ranges to compare returns across New Cairo and central districts.

Investment Activity in Downtown

Four companies, two Saudi and two Egyptian, plan to invest nearly $1 billion in a downtown Cairo project that includes a hotel and residential tower, coinciding with government offers of older central office buildings to private investors. This activity provides a concrete example of large-scale commitments that may influence surrounding property values and buyer interest.

Buyers entering the market should review delivery timelines, track how the currency adjustment affects asking rents, and compare vacancy and yield data by submarket before committing. Checking official announcements from developers and government agencies on specific sites will help align purchases with current supply and pricing trends.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.