The Ministry of Housing, Utilities, and Urban Communities has announced the launch of the Egypt Real Estate Platform—a groundbreaking initiative aimed at restructuring the Egyptian real estate market and enhancing its marketing efficiency in alignment with global standards of transparency and governance.
A Pillar of Egypt’s Digital Transformation Vision
Minister Eng. Sherif El-Sherbiny emphasized that the platform serves as a fundamental pillar of the government’s vision for digital transformation. He noted that the platform will help regulate the real estate sector, reduce market randomness, and create a stable and attractive investment environment. This will be achieved through two core components: “Market Regulation” and “Real Estate Export.”
An Official and Comprehensive Reference for All Market Stakeholders
The minister further explained that the Egypt Real Estate Platform will be the first official digital reference for developers, brokers, investors, citizens, and both local and international real estate exhibitions.
The platform will offer a professional and organized marketing environment, featuring reliable data on the legal status of real estate properties, such as permits and approvals. This will help accelerate purchasing decisions, minimize disputes, and attract more foreign investment into a well-regulated and trustworthy marketplace.
Comprehensive Digital Transformation in Real Estate Services
This strategic partnership with the Egypt Real Estate Platform is part of the Ministry of Housing’s broader efforts to offer advanced electronic services that support Egypt’s digital transformation agenda. It aims to elevate the quality of real estate marketing while propelling the development of smart cities and sustainable urban expansion.
A Modern Database and Global Technologies
Accessible via www.realestate.gov.eg, the Egypt Real Estate Platform is one of the nation’s first platforms to provide an accurate, real-time real estate database. It offers comprehensive digital services that ensure secure and seamless access to certified property information, improving transaction quality in the domestic market and allowing Egypt to interact efficiently with international markets.
The platform has been designated as the official technological arm of the authority responsible for executing the digital infrastructure of Egypt’s real estate development sector. This is in line with efforts to establish a modern, regulated, and equitable real estate market aligned with the goals of Egypt’s New Republic.
Introducing MLS and Artificial Intelligence to the Middle East for the First Time
In a regional first, the platform leverages the global MLS (Multiple Listing Service) system and artificial intelligence technologies to generate accurate reports and in-depth market analyses while tracking real estate project performance in real-time. This advancement is set to improve developer performance, increase investor confidence, and enhance transparency across the Egyptian property sector.
The Official Marketing Arm for State Projects
The platform will be responsible for the online marketing and sales of all government real estate projects in Egypt, including upcoming initiatives such as the “Housing for All Egyptians” program, in partnership with the Housing and Development Bank. It will serve as the sole digital entity authorized to manage this critical aspect of project outreach.
A Major Leap Toward a Fully Integrated Digital Real Estate Market
Through this initiative, the Ministry of Housing reaffirms its commitment to establishing a modern digital ecosystem for managing and developing Egypt’s real estate sector. This approach adopts scientific and technological methodologies that align with international advancements, bolster Egypt’s competitiveness in real estate exports, and support the country’s comprehensive and sustainable development goals.