Egypt’s top 10 real estate developers recorded combined sales of approximately EGP 670bn in the first half (H1) of 2026, up from around EGP 651bn in H1 2025, representing a 2.9% year-on-year increase, according to a report by market research firm The Board Consulting.
The top 10 developers recorded sales of approximately EGP 649bn in H1 2024, marking a 286% increase compared with the previous year, amid the strong growth momentum witnessed by Egypt’s real estate market during that period.
Talaat Moustafa Group (TMG) led the ranking in H1 2026 with sales of approximately EGP 219bn, followed by Palm Hills Developments in second place with EGP 94bn.
Mountain View ranked third with sales of around EGP 63.7bn, while Emaar Misr came fourth with EGP 60.9bn. Hyde Park Developments ranked fifth, recording sales of approximately EGP 52.9bn.
Tatweer Misr ranked sixth with sales of EGP 50.5bn, followed by Madaar Ras El Hekma in seventh place with EGP 44bn. G Developments ranked eighth with sales of approximately EGP 30bn.
Madinet Masr came ninth with sales of around EGP 28.4bn, while La Vista Developments rounded out the top 10 with sales of EGP 26.5bn.
Despite the increase in sales value among the leading developers, the report pointed to a decline in actual transaction volumes.
The number of units sold by the market’s leading developers fell by approximately 5% year-on-year to around 39,000 units during H1 2026.
The divergence between higher sales values and lower unit volumes indicates that rising property prices are playing a key role in supporting developers’ sales performance, while underlying demand remains under pressure.
The trend highlights a more cautious phase for Egypt’s real estate market, where developers are generating higher sales values from fewer transactions, reflecting the impact of continued price increases on buyers’ purchasing power.
