Egypt 2026 leasehold apartment release dates

The Egyptian government has launched a new phase of the 2026 Affordable Rental Housing Project, which includes the release of 15,000 subsidized units under a rental system in various governorates and new cities. The units consist of 8,464 in governorates and 3,256 in new cities, in addition to 3,280 units as part of the "Decent Life" initiative. The units range in size from 75 to 90 square meters and are allocated in areas such as Cairo, Giza, and New Minya. The aim is to meet the needs of low- and middle-income groups, promote future ownership, and encourage homeownership under specific conditions. The lease contract can last up to 3 years, with renewal options. The program includes a social review to ensure eligibility for support, requiring applicants to be under 35 years old and for the rent support to cover no more than 25% of the tenant's income. The units are expected to be launched next month, with the goal of expanding housing options and balancing rental and ownership opportunities.

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