Top 10 Richest Real Estate Tycoons In Egypt

Egypts real estate market is booming, projected to reach 2.07 trillion by 2029, fueled by urban expansion, government incentives, and rising foreign investment.

Top real estate tycoons like Naguib Sawiris and Yasseen Mansour are driving growth with high-end residential projects, commercial hubs, and international expansions.

Gulf investors have poured over 115 billion into Egypts property sector since 2021, with UAE and Saudi investors leading the charge.

Egypts real estate sector is in the midst of a transformation, fueled by rapid urban expansion, high-end developments, and large-scale infrastructure projects. With demand soaring and government-backed initiatives reshaping the landscape, the countrys top real estate magnates are not just building luxury towers and sprawling communitiestheyre crafting the blueprint for Egypts future.

At the forefront of this boom are industry giants like Naguib Sawiris, Samih Sawiris, and Hisham Talaat Moustafa, whose developments span everything from upscale waterfront resorts to multi-billion-dollar mixed-use districts. Their influence extends beyond Egypts borders, as some hedge against economic volatility by investing in international real estate markets.

The numbers tell a compelling story. Egypts real estate market is expected to reach 1.58 trillion by 2025, with the residential sector alone accounting for 1.18 trillion, according to Statista . Between 2025 and 2029, the industry is projected to grow at an annual rate of 6.91 percent, pushing its total value to 2.07 trillion.

This expansion is backed by ambitious government policies, including tax incentives, low-interest loans for developers, and streamlined project approvalsmoves that have catalyzed a surge in new developments. In 2024 alone, more than 600 projects worth over 45 billion were launched, ranging from high-end residences to commercial and government properties.

Foreign capital is also pouring in. Gulf investors, particularly from the UAE and Saudi Arabia, have collectively funneled over 115 billion into Egypts property market since 2021, lured by competitive prices and strategic locations.