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Alexandria real estate market 2026: prices, rents and where to buy

2026-11-03 · 4Ways

Price per m² by district, Q2 2026 rent index (+13% YoY, compounds at EGP 25k/month), the metro, West Alexandria compounds, and what it means for buyers.

Prices per m² (resale apartments)

Fleming 33k · Cleopatra 30k · Sidi Gaber 26.6k · Gleem 26.4k · Ibrahimia 23.9k · Smouha 22.6k · New Borg El Arab 22.2k · Louran 21.8k · Raml 21.1k · Asafra 19.1k · Miami 19k · Bab Sharqi 18.6k · Maamoura 15.4k · Kilo 21 15k (EGP).

New compounds price differently: Smouha compounds EGP 45–70k/m² fully finished; West Alexandria compounds EGP 28–50k/m².

Rents (Q2 2026 index)

Median rent EGP 6,900/month (+13% YoY), EGP 60/m². Agami +33%, Amreya +49%. Gated compounds (Sawary, Palm Hills, Alex West, Smouha complexes) lead at about EGP 25,000/month, down 4% on more supply.

Infrastructure

Alexandria Metro phase 1 (Abu Qir – Misr Station, 21.7 km, 20 stations) serves the east and centre; the Taamir axis and the new coastal road serve the west.

Where to buy

  • Living: Smouha or Sidi Gaber.
  • Yearly income: West Alexandria completed compounds or Agami resale.
  • Capital growth: early phases in West Alexandria.
  • Summer letting: Miami, Maamoura, Agami beachfront.

Ask 4Ways for current developer price lists and payment plans.

Sources: Aqary Masr price guide; Marsad Omran rent index Q2 2026; Wikipedia (Alexandria Metro). Indicative only.

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Prices are indicative and change with every release. Confirm the current offer with a 4Ways advisor.