Average price increase of office real estate Egypt 2022-2023, by selected city
The highest price increase per square meter in office real estate in selected Egyptian cities was in New Cairo. Between September 2022 and September 2023, the average price per square meter rose by 56,663 Egyptian pounds (around 1830.79 U.S. dollars). Furthermore, New Administrative Capital followed with the price reaching 79,556 Egyptian pounds per square meter (2,570.47 U.S. dollars) compared to 44,517 Egyptian pounds per square meter (1,438.35 U.S. dollars) a year prior.