Gross rental yields in Egypt: Cairo and Alexandria
The average gross rental yield in Egypt stands at 5.52% (Q1, 2024). Previously, in Q4 2022 the rental yield was 5.42%.
Cities compared
- Cairo
- Alexandria
Historical rental yields in Egypt
View the full rental yield dataset (2022 - Present)
| Last Updated: Feb. 11, 2024 Next Update: March 2025 |
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| CAIRO - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| New Cairo | |||
| Studio | $121,472 | $972 | 9.60% |
| 1-Bedroom | $142,527 | $875 | 7.37% |
| 2-Bedroom | $207,700 | $1,296 | 7.49% |
| 3-Bedroom | $220,269 | $1,231 | 6.71% |
| 4+Bedroom | $298,011 | $1,458 | 5.87% |
| 6th of October | |||
| 1-Bedroom | $161,962 | $680 | 5.04% |
| 2-Bedroom | $175,567 | $810 | 5.54% |
| 3-Bedroom | $242,587 | $971 | 4.80% |
| Mohandessin | |||
| 1-Bedroom | $71,263 | $421 | 7.09% |
| 2-Bedroom | $113,373 | $1,296 | 13.72% |
| 3-Bedroom | $161,962 | $1,944 | 14.40% |
| 4+Bedroom | $242,944 | $2,105 | 10.40% |
| Sheikh Zayed | |||
| Studio | $151,451 | $615 | 4.87% |
| 1-Bedroom | $160,313 | $648 | 4.85% |
| 2-Bedroom | $225,452 | $972 | 5.17% |
| 3-Bedroom | $258,330 | $1,053 | 4.89% |
| 4+Bedroom | $341,611 | $1,134 | 3.98% |
| Heliopolis - Masr El Gedida | |||
| 2-Bedroom | $121,472 | $486 | 4.80% |
| 3-Bedroom | $161,962 | $810 | 6.00% |
| 4+Bedroom | $202,453 | $1,134 | 6.72% |
| Cairo avg. Rental Yields | 6.97% | ||
| ALEXANDRIA - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Alexandria (all locations) | |||
| 2-Bedroom | $68,024 | $389 | 6.86% |
| 3-Bedroom | $123,091 | $486 | 4.74% |
| 4+Bedroom | $174,919 | $648 | 4.45% |
| Alexandria (all locations) avg. Rental Yields | 5.35% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Propertyfinder |
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Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, 3-bedroom across the largest cities in Egypt, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is $500 and the median purchase price is $100,000, the yield is calculated as:
($500 × 12) ÷ $100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.