Egypt's Top 10 Developers See Sales Value Rise to EGP 670 Billion in H1 2026 Despite Fewer Transactions
Egypt's leading 10 real estate developers recorded a combined sales value of EGP 670 billion in the first half of 2026, a 2.9% year-on-year increase, even as the number of units sold declined by 5%.
Egypt’s top 10 real estate developers achieved approximately EGP 670 billion in combined sales during the first half (H1) of 2026, marking a 2.9% increase from EGP 651 billion in H1 2025. This data, reported by market research firm The Board Consulting, highlights a significant rise in sales value over the past two years, with H1 2024 sales at EGP 649 billion representing a 286% increase compared to the previous year.
Developer Performance
Talaat Moustafa Group (TMG) led the market in H1 2026 with sales of approximately EGP 219 billion. Other top performers included:
- Palm Hills Developments: EGP 94 billion
- Mountain View: EGP 63.7 billion
- Emaar Misr: EGP 60.9 billion
- Hyde Park Developments: EGP 52.9 billion
- Tatweer Misr: EGP 50.5 billion
- Madaar Ras El Hekma: EGP 44 billion
- G Developments: EGP 30 billion
- Madinet Masr: EGP 28.4 billion
- La Vista Developments: EGP 26.5 billion
Market Dynamics
Despite the growth in sales value, the report indicated a decline in actual transaction volumes. The number of units sold by these leading developers fell by approximately 5% year-on-year to around 39,000 units during H1 2026. This divergence suggests that rising property prices are a primary driver behind the increased sales values, rather than an increase in underlying demand. The trend indicates a more cautious period for the Egyptian real estate market, where higher sales figures are being generated from fewer, more expensive transactions, reflecting the impact of continuous price increases on consumer purchasing power.
Questions, answered
- What was the total sales value for Egypt's top 10 developers in H1 2026?
- The combined sales value for Egypt's leading 10 real estate developers reached approximately **EGP 670 billion** in the first half of 2026.
- How did H1 2026 sales compare to the previous year?
- Sales in H1 2026 increased by **2.9%** year-on-year, up from EGP 651 billion in H1 2025.
- Which developer led the market in H1 2026?
- **Talaat Moustafa Group (TMG)** led the ranking with sales of approximately **EGP 219 billion** in H1 2026.
- Did the number of units sold also increase?
- No, despite the increase in sales value, the number of units sold by leading developers declined by approximately **5%** year-on-year, totalling around **39,000 units** in H1 2026.
- What does the divergence between sales value and unit volume indicate?
- This divergence indicates that rising property prices are the primary factor supporting developers' sales performance, suggesting that underlying demand may be under pressure due to the impact of continuous price increases on buyer purchasing power.
This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.
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