Zamalek continues to rank as Cairo’s most expensive place to rent, with average monthly rental rates increasing 2.5x since 2020 to reach EGP 50k in 2024 for a 100-150 m unfurnished apartment, according to proptech platform Aqarmap’s Egypt Real Estate Trends 2025 report. The report points to Zamalek’s “premium location and high-end demand” as the reason for its high rents.

** In our first deep dive into the report, we looked at how evolving consumer preferences are creating potential for growth and challenges for developers in Egypt. You can check out the story here.

Sheikh Zayed followed behind as the capital’s second most expensive rental location, with monthly rates averaging 27k in 2024, which the report says likely reflects a “growing interest in gated compounds and suburban lifestyle.” The report also noted increases in rental prices in Mohandeseen, New Cairo, Maadi, and Sixth of October, as “inflationary pressures, currency fluctuations, and shifting demand toward more modern, spacious living environments” drove prices up.

The methodology: These insights are based on Aqarmap’s monthly index, which has tracked Egypt’s property demand since 2012. The index uses a proprietary algorithm drawing on data from the Aqarmap platform, search engines, macroeconomic indicators, financial statements, and listed developer performance metrics. It measures demand dynamics and buyer behavior — not price changes.

New Cairo led the market in terms of demand for rentals, followed by Nasr City, Maadi, Heliopolis, Faisal, Mokkatom, El Haram, Sixth of October, Ain Shams, and El Obour. While in terms of property type, the residential market continued to dominate — accounting for 81% of total demand.

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