Aqar Exit reports 35,000 purchase requests for properties valued at EGP 124bn

Aqar Exit, a platform specialising in Egypt’s real estate contract assignment market, has released the second monthly report of its Real Estate Assignment Market Index, tracking supply and demand trends for existing property contracts.

The report, covering September, recorded 35,184 new purchase requests, while 3,618 new units were listed on the platform during the same period.

The report showed that average daily purchase requests rose by 58% to 1,060, up from 671 in the previous period.

Meanwhile, the average number of closed deals per week increased by 148% to 85, compared with 34 previously, indicating faster trading activity on the platform over the past month.

Mahmoud Ammar, founder and chairman of Aqar Exit, said the second monthly report reflects continued growth in the platform’s real estate assignment market, with demand accelerating at a faster pace than the growth in new listings.

He added that daily new listings remained largely unchanged at 109 units, compared with 112 in the previous period, while average daily purchase requests rose to 1,060 from 671.

Ammar noted that these indicators reflect a growing pool of buyers seeking opportunities in the real estate assignment market, alongside an increase in completed transactions. This provides clearer data on demand trends, purchasing power, and the pace at which existing property units are changing hands.

Aqar Exit Listings Reach EGP 124bn

Aqar Exit recorded 8,534 units listed or under review as of October 8, 2026, with an estimated market value of EGP 124bn. The platform had 7,801 active listings, carrying original contract values of around EGP 89.2bn.

Since its launch, Aqar Exit has registered 14,845 assignment contracts involving 11,833 sellers, alongside 67,013 purchase requests submitted by 32,870 buyers.

The report showed that property listings received 925,982 views over the past 30 days, alongside 61,666 additions to users’ favourites. Meanwhile, 32.3% of buyers inquired about more than one unit, suggesting that some buyers compare available options before making a purchase decision.

Aqar Exit Closes 404 Deals, EGP 8.8bn in Value since Launch

The report revealed that Aqar Exit had recorded 638 closed deals since its launch, with an estimated market value of EGP 8.8bn. Of these, 404 deals were closed during the past month, compared with 233 in the previous period, according to the report.

Units spent an average of 18 days on the market before their listings were closed, while 25% of deals were completed within nine days or less, highlighting the pace of transactions for a segment of properties listed on the platform.

Units under EGP 3m Average 11.1 Purchase Requests Each

The report showed that demand was strongest for units priced below EGP 3m, which averaged 11.1 purchase requests per unit, compared with 2.2 requests for properties priced above EGP 20m.

Buyers’ average available cash liquidity remained stable at around EGP 1m, while the average monthly instalment they could afford stood at EGP 50,000, underscoring the role of property prices and payment commitments in shaping demand.

Further, the report noted that rising demand for lower-priced units, alongside stable purchasing power indicators, raises questions about whether prices of newly launched properties align with the actual financing capacity of a segment of buyers.

Average Paid-Up Value of Assigned Units Stands at 26.6%

On the supply side, the average amount paid against the original contract value when a unit was listed for assignment stood at 26.6%. The report also showed that 90.1% of cases for which contract age data were available involved units listed within the first two years of signing the original contract.

The data further showed that 2,695 sellers, representing 34.6% of listed units, were willing to forgo part of their financial entitlements in exchange for a faster exit from their contracts. Meanwhile, 19.8% of sellers in the sample with available payment status data had already fallen behind on instalments.

The report noted that sellers’ willingness to accept a reduction in their financial entitlements declined as the proportion of the unit price they had paid increased. The share stood at 39.2% among sellers who had paid less than 20% of the unit value, compared with 34.5% for those who had paid between 20% and 40%, and 26.8% among those who had paid more than 40%.

The data also estimated paper gains arising from the difference between original contract prices and the estimated market values of listed units at around EGP 26bn. Despite these potential gains, the units remained available for contract assignment, highlighting the importance of liquidity needs and the timing of cash requirements in sellers’ decisions to exit contracts, alongside profit-and-loss considerations.

Growing Interest from Gulf Buyers

The report also recorded activity from buyers using Gulf-based phone numbers, who accounted for 13.3% of total buyers on the platform. Their share rose to 14.8% among new buyers during the latest month.

Mahmoud Ammar concluded by stressing the importance of regularly monitoring indicators in real estate assignment market.

He said the second monthly report provides a broader picture of supply and demand trends, deal closure rates, and buyer interest across different price segments, helping developers and market participants gain a more accurate understanding of buyer and seller behaviour.

He emphasised that the report’s data covers activity on the Aqar Exit platform through October 8, 2026, and does not represent a comprehensive survey of Egypt’s real estate market. Growth in the number of units listed on the platform does not necessarily indicate a corresponding increase in the number of sellers seeking to assign their contracts across the wider market.