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Alexandria's property market presents compelling opportunities for both investors and homebuyers in 2025. With property values rising 6% annually and rental yields averaging 5.06%, the coastal city offers strong fundamentals despite regional economic uncertainties.
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Property prices in Alexandria range from EGP 7,300 to EGP 26,100 per square meter, with strong 6% annual growth and properties selling within 38 days on average.
El Sheikh Zayed and Nasr City lead market appreciation, offering the best combination of capital growth potential and rental yields for both investors and residents.
| Neighborhood | Price per sqm (EGP) | Rental Yield | Annual Growth |
|---|---|---|---|
| El Sheikh Zayed | 24,900 | 7.39% | 6-8% |
| Nasr City | 21,100 | 6.00% | 52% |
| North Coast | 26,100 | 4.5% | 3-5% |
| City Center | 7,300 | 6.70% | 2-4% |
| Seminary Hill | 18,500 | 5.2% | 6.3% |
What is the current average price per square meter in Alexandria?
As of September 2025, property prices in Alexandria vary dramatically based on location and property type.
The citywide average sits around EGP 13,000 per square meter (approximately $423), but this masks significant neighborhood variations. Budget-conscious buyers can find properties in urban areas starting at EGP 7,300 per square meter, while premium coastal developments command up to EGP 26,100 per square meter.
El Sheikh Zayed represents the middle-high tier at EGP 24,900 per square meter, while Nasr City offers strong value at EGP 21,100 per square meter. These price points reflect Alexandria's position as Egypt's second-largest city, where coastal proximity and neighborhood prestige drive significant price premiums.
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How has the property market in Alexandria performed over the past 12 months?
Alexandria's property market delivered robust performance in the past 12 months, with overall residential values rising 6% citywide.
Transaction volumes increased by 5%, supported by persistent buyer demand and limited property supply. The market showed particular strength in residential and coastal properties, with some neighborhoods experiencing exceptional growth rates.
Nasr City stood out with remarkable 52% year-over-year appreciation, while Seminary Hill recorded solid 6.3% growth. Most properties sold within 38 days, slightly longer than the previous year but still indicating healthy market liquidity.
This performance reflects Alexandria's fundamental appeal as Egypt's major coastal city, combining economic opportunities with lifestyle benefits that attract both domestic and international buyers.
What are the predicted property price trends for the next 1, 3, and 5 years?
Alexandria's property market outlook remains positive across all timeframes, though growth rates may moderate from recent peaks.
| Timeframe | Expected Growth | Key Drivers |
|---|---|---|
| Next 1 year | 3-6% annual appreciation | Limited supply, high demand in premium areas |
| Next 3 years | 15-18% cumulative growth | Strategic neighborhoods could exceed 20% |
| Next 5 years | 35-45% cumulative appreciation | Premium zones outperforming city averages |
| El Sheikh Zayed (5yr) | 40-50% potential growth | Infrastructure development, rental demand |
| Nasr City (5yr) | 45-55% potential growth | Continued urbanization, commercial expansion |
Which neighborhoods in Alexandria are experiencing the most significant growth right now?
Several Alexandria neighborhoods are emerging as growth leaders, each offering distinct advantages for different investor profiles.
Nasr City leads with extraordinary 52% annual growth in 2024, driven by strong rental demand and ongoing development. El Sheikh Zayed follows with solid 6-8% annual appreciation and exceptional 7.39% rental yields, making it attractive for income-focused investors.
Seminary Hill has gained momentum with 6.3% property value increases, attracting affluent residents seeking upscale living options. The City Center maintains steady 2-4% annual appreciation while offering strong rental yields of 6.70% for smaller units.
These growth patterns reflect Alexandria's evolution, with established areas like El Sheikh Zayed providing stability, while emerging districts like Nasr City offer higher growth potential at increased risk levels.
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What is the rental yield in different areas of Alexandria for residential properties?
Rental yields in Alexandria vary significantly by location, with the citywide average reaching 5.06% as of September 2025.
| Area | Rental Yield | Best Property Type |
|---|---|---|
| El Sheikh Zayed | 7.39% | 2-bedroom apartments |
| City Center | 6.70% | 2-bedroom units |
| Nasr City | 6.00% | Mid-size apartments |
| Seminary Hill | 5.20% | Family homes |
| North Coast | 4.50% | Seasonal rentals |
What is the average time it takes to sell a property in Alexandria?
Properties in Alexandria sell after an average of 38 days on the market as of September 2025.
This timeline varies significantly based on location and pricing strategy. Properties in highly desirable areas like El Sheikh Zayed and well-priced listings in Nasr City often close within 20 days of listing.
The 38-day average represents a slight increase from the previous year, but still indicates healthy market liquidity. Premium coastal properties and unique homes may take longer to sell due to their specialized buyer pool, while standard apartments in popular neighborhoods move quickly.
This selling timeline compares favorably to many international markets and reflects Alexandria's strong underlying demand fundamentals.
What property types are currently in highest demand?
Two-bedroom apartments dominate Alexandria's current property demand, driven by their affordability and superior rental yields.
- 2-bedroom apartments - Most sought-after due to optimal rental yield and broad buyer appeal
- 3-bedroom family units - Growing demand from local families and expatriate workers
- Coastal apartments - Premium segment with consistent demand despite higher prices
- Villas in upscale districts - Limited supply drives strong competition among affluent buyers
- Studio apartments - Entry-level investment properties with solid rental potential
What are the typical maintenance and property management costs in Alexandria?
Property management fees in Alexandria typically range between 8-10% of monthly rental income for comprehensive services.
Full-service property management includes tenant screening, rent collection, maintenance coordination, and regular property inspections. Basic management services start around 5-6% of rental income, while premium services with additional amenities can reach 12-15%.
Direct maintenance costs vary by property age and type, with newer apartments requiring minimal upkeep while older properties may need 2-3% of property value annually for maintenance. Coastal properties face higher maintenance costs due to salt air exposure.
It's something we develop in our Egypt property pack.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Egypt versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.
How does the supply of new properties compare to demand in Alexandria at the moment?
Alexandria faces a significant supply shortage relative to buyer demand, particularly in residential and premium property segments.
New inventory development struggles to match robust buyer demand, creating upward pressure on prices across most neighborhoods. While total homes for sale experienced periodic increases, overall absorption rates remain strong, with properties selling faster than new units come to market.
This supply-demand imbalance is most pronounced in established neighborhoods like El Sheikh Zayed and emerging areas like Nasr City, where development cannot keep pace with buyer interest. The shortage particularly affects mid-market properties, creating opportunities for investors willing to pay current market prices.
Developers are responding with new projects, but construction timelines mean supply relief won't arrive for 12-18 months in most areas.
What financing options are available for buying property in Alexandria?
Alexandria property buyers can access diverse financing options suitable for both Egyptian nationals and foreign investors.
- Traditional bank loans: Up to 80% financing over 15 years for qualified applicants
- Developer financing: Up to 100% financing for off-plan and new-build projects
- Installment schemes: Down payments as low as 5-10% with payment periods up to 6 years
- Foreign investor programs: Special terms available for non-resident buyers
- Islamic financing: Sharia-compliant options available through select banks
What is the average price range for properties in the most sought-after areas?
Premium Alexandria neighborhoods command significant price premiums, reflecting their desirability and limited supply.
El Sheikh Zayed properties average EGP 24,900 per square meter, making a typical 100-square-meter apartment cost approximately EGP 2.49 million. Nasr City offers better value at EGP 21,100 per square meter, with similar apartments costing around EGP 2.11 million.
North Coast premium apartments reach EGP 26,100 per square meter, while City Center urban properties start at EGP 7,300 per square meter for budget-conscious buyers. Seminary Hill properties typically range around EGP 18,500 per square meter.
These price ranges reflect Alexandria's diverse market, offering options from affordable urban properties to luxury coastal developments.
If you are planning to resell in 5 years, which areas and property types should you focus on for the best potential appreciation?
For optimal 5-year appreciation potential, focus on El Sheikh Zayed and Nasr City, specifically targeting 2-bedroom apartments and family homes.
El Sheikh Zayed offers the best combination of rental yield (7.39%) and steady appreciation (6-8% annually), making it ideal for investors seeking both income and capital growth. Nasr City presents higher risk-reward potential with exceptional recent growth rates and strong demographic trends.
Property type selection should prioritize 2-3 bedroom apartments, which offer strong liquidity and broad buyer appeal for future resale. Avoid oversized properties or niche markets that may limit buyer pool when selling.
Target properties near infrastructure projects or in areas with positive demographic trends, as these factors typically drive outperformance versus city averages over 5-year periods.
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Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Alexandria's property market presents compelling opportunities in 2025, with strong fundamentals supporting both investment and residential purchase decisions.
Success requires careful neighborhood selection, with El Sheikh Zayed and Nasr City offering the best combination of current yields and future appreciation potential.
Sources
- BTU Comparison of Real Estate Prices
- ALXnow Alexandria Property Values Report
- Sands of Wealth Best Neighborhoods Alexandria
- Redfin Alexandria Housing Market
- Sands of Wealth Alexandria Real Estate Trends
- Global Property Guide Egypt Rental Yields
- Alexandria Style Book Market Update
- Invest-Gate Property Financing Guide Egypt