Aqar Exit units reach EGP 72.2bn in estimated market value

Daily News Egypt
3 Min Read

Aqar Exit has launched Egypt’s first index tracking the real estate assignment market, aiming to monitor activity involving existing property contracts and analyse trends in supply, demand, liquidity, and purchasing power. The index is based on preliminary data recorded between August 8 and September 5, 2026.

Mahmoud Ammar, Founder and CEO of Aqar Exit, said the index responds to the growing need for accurate and reliable data as transactions involving existing property contracts increase. He added that Aqar Exit will issue regular reports based on verified platform data to provide developers, investors, brokers, and customers with clearer market insights.

Data from the platform’s first 28 days showed that 9,839 assignment files were opened, involving 7,225 individual sellers. A total of 5,045 units were listed or under review, with an estimated market value of EGP 72.2bn, compared with an original contract value of EGP 53.6bn.

The platform recorded 31,992 purchase requests from 17,268 buyers, while listed units generated 684,134 views. The median time to receive a first purchase request was 14.6 hours, with 69.1% of units receiving their first request within 48 hours.

Demand was concentrated in lower-priced units, with properties valued at below EGP 3m averaging 9.5 purchase requests per unit, compared with 1.6 for properties valued at above EGP 20m. Buyers had median available cash liquidity of around EGP 1m and were willing to pay approximately EGP 50,000 in monthly instalments.

The report also found that 88.1% of cases with available contract-age data occurred within the first two years. Meanwhile, 20.7% of cases with payment-status information involved sellers reporting overdue instalments.

Ammar described this period as the “Second-Year Pressure Point”, when buyers’ ability to sustain instalment payments becomes clearer.

The report identified around EGP 16bn in unrealised gains among units offered for assignment, highlighting the gap between paper gains and actual liquidity needs.

Ammar concluded that the index does not indicate a real estate market crisis or assess individual developers or projects. Instead, it provides an objective reading of platform data and tracks the emergence of a measurable secondary market for existing property contracts.

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