Egypt is currently experiencing a defining phase on multiple levels. Ahmed El Batrawy, Founder and Chairman of the Official Egyptian Real Estate Platform, called for leveraging the national momentum created by the opening of the Grand Egyptian Museum to move toward a new stage in the development of the Egyptian real estate market. This stage must rely on regulation, transparency, and full digital transformation in line with Egypt’s economic ambitions on both the regional and international levels.
El Batrawy explained that the Grand Egyptian Museum has succeeded in presenting a unique model that combines authenticity with advanced management and modern technology. This represents a parallel opportunity for the real estate sector to become part of Egypt’s broader vision of organization, efficiency, and effective governance.
He pointed out that in recent years, the Egyptian state has successfully completed major national and architectural projects that meet the highest global standards. This now provides a solid foundation for transitioning to the next phase — building a structured real estate market based on accurate data, reinforcing trust, and establishing governance principles.
El Batrawy confirmed that the expansion in building new cities and developing infrastructure is a major step. However, the future requires going beyond physical achievements and moving toward establishing an advanced real estate system that protects the rights of all parties and enhances the appeal of investment in an environment rooted in credibility and efficiency.
In the context of developing the Egyptian real estate market, El Batrawy stressed that it is impossible to build trust without a unified digital real estate system that includes ownership data, transaction history, and real market prices. He described such a system as a national necessity, as it would unify information, prevent data conflicts, and provide a strong database that supports decision-making and reassures investors of the market’s reliability.
He also emphasized that the reform process must rely on four fundamental pillars:
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Regulating real estate developers and advertising to ensure that projects are presented under precise legal, technical, and financial conditions.
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Unifying real estate databases to serve as the basis for strategic decision-making.
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Activating real estate escrow accounts to protect buyers’ rights and ensure that financing is tied to actual construction progress.
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Implementing unified property identification and sales numbering systems using the MLS model to document transactions and prevent price inconsistencies.
El Batrawy concluded by stressing that Egypt has a unique opportunity to present a distinguished Arab real estate model based on transparency and organization, supported by modern technology. He affirmed that serious work in the upcoming stage is essential to complete the development of a real estate market aligned with Egypt’s Vision 2030, positioning the country as a regional hub for real estate information and investment in the Middle East.
He also noted that continuing the reform approach with determination and consistency is the key to building a modern real estate market that reflects Egypt’s capability to compete globally and attract high-value investment in this vital and economically impactful sector.
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