As part of Egypt’s national strategy to boost remittances from Egyptians living abroad and encourage real estate investment in US dollars, the Ministry of Housing, Utilities, and Urban Communities has announced a new phase of residential units designated for expatriate Egyptians. These units are available through the “Beit Al-Watan” project and a number of major developments across Egypt’s new urban cities.
This launch comes in response to growing demand from Egyptian communities worldwide seeking legal and secure homeownership opportunities within Egypt.
Details of the New Offering:
According to an official statement from the New Urban Communities Authority, this phase includes a wide variety of ready-to-move-in and under-construction residential units. These are distributed across several modern urban centers, including:
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New Cairo
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Sheikh Zayed
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New Administrative Capital
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New Damietta
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New Mansoura
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El Shorouk City
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6th of October City
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New Alamein
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New Aswan
Types of Available Units:
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Apartments ranging from 100 to 250 square meters in size
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Villas and premium units in developments such as “JANNA,” “Dar Misr,” and “Sakan Misr”
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Residential and commercial plots within the “Beit Al-Watan” project
Payment and Allocation Mechanism:
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Payment for the units must be made in US dollars from outside Egypt via bank transfer, in accordance with the Central Bank of Egypt’s regulations.
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Flexible payment options are available, including installment plans of 5 to 7 years for some projects, along with discounts for upfront payments.
The Ministry has also enabled a secure online booking system through the Housing and Development Bank’s website. The booking process begins with the payment of a deposit in dollars, followed by a fully digital application and selection process to save time and effort.
Objectives of the Launch:
This initiative aims to achieve several strategic objectives, including:
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Increasing remittances from Egyptians working abroad to support the national economy and secure foreign currency reserves.
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Expanding real estate investment in Egypt by involving the expatriate and international investor communities.
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Offering legal and secure pathways for property ownership in Egypt, specifically tailored for Egyptians living outside the country.
Reservation and Application Timeline:
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Reservations will open in mid-August 2025, with further announcements to be made regarding:
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Deposit payment procedures
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Inspection schedules
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Official allocation dates
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To stay updated with the latest official real estate offerings and browse thousands of residential properties across Egypt’s cities, visit the Official Egyptian Real Estate Platform — your secure destination for finding the perfect unit for you and your family.