Aqar Exit, a platform specialising in Egypt’s real estate contract assignment market, recorded 35,184 purchase requests in September, while 3,618 new units were listed on the platform, according to its second monthly Real Estate Assignment Market Index report.
Average daily purchase requests rose 58% to 1,060, up from 671 in the previous period, while the average number of deals closed per week increased 148% to 85, compared with 34 previously. Daily new listings remained broadly stable, averaging 109 units against 112 in the previous period.
Mahmoud Ammar, founder and chairman of Aqar Exit, said demand was accelerating faster than the growth in new listings, providing further insight into purchasing power, buyer behaviour and transaction activity in the assignment market.
Aqar Exit listings reach EGP 124bn
As of October 8, 2026, the platform had 8,534 units listed or under review, with an estimated market value of EGP 124bn. Of these, 7,801 were active listings, with original contract values totalling around EGP 89.2bn.
Since its launch, Aqar Exit has registered 14,845 assignment records involving 11,833 sellers, alongside 67,013 purchase requests from 32,870 buyers.
Listings received 925,982 views over the past 30 days and were added to users’ favourites 61,666 times. Meanwhile, 32.3% of buyers inquired about more than one unit.
The platform recorded 638 closed deals since launch, with an estimated market value of EGP 8.8bn. Of these, 404 were closed during the past month, compared with 233 in the previous period.
Units spent an average of 18 days on the market before deals were closed, while 25% of transactions were completed within nine days or less.
Demand was strongest for units priced below EGP 3m, which averaged 11.1 purchase requests each, compared with 2.2 requests for properties priced above EGP 20m.
Average available cash liquidity among buyers stood at around EGP 1m, while their average affordable monthly instalment was EGP 50,000. These figures raise questions about whether prices of newly launched properties align with the purchasing power and financing capacity of some buyers.
Average payments reach 26.6% before assignment
On the supply side, the average amount paid against the original contract value when units were listed for assignment stood at 26.6%. Meanwhile, 90.1% of cases with available contract-age data involved units listed within the first two years after the original contracts were signed.
A total of 2,695 sellers, representing 34.6% of listed units, were willing to forgo part of their financial entitlements to exit their contracts faster. In addition, 19.8% of sellers in the sample with available payment-status data had already fallen behind on instalments.
Willingness to accept reduced entitlements declined as the proportion of the unit’s value already paid increased. The share stood at 39.2% among sellers who had paid less than 20% of the unit’s value, 34.5% among those who had paid 20–40%, and 26.8% among those who had paid more than 40%.
The report also estimated paper gains of around EGP 26bn, reflecting the difference between original contract prices and the estimated market values of listed units. Their continued availability for assignment highlights the role of liquidity needs and the timing of cash requirements in sellers’ decisions to exit contracts.
Buyers using Gulf-based phone numbers accounted for 13.3% of total buyers on the platform, rising to 14.8% among new buyers during the latest month.
Ammar said regular monitoring of the assignment market provides a clearer picture of supply and demand, deal closure rates and buyer interest across price segments, helping market participants better understand buyer and seller behaviour.
