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Urban Communities offers 10,000 rent-to-own apartments
The Ministry of Housing announced the launch of 10,000 housing units under the lease-to-own system in 26 new cities across Egypt. These units include both ready and under-construction properties, ranging in size from 57 to 161 square meters. Five percent of the units are reserved for people with disabilities. Selection will be carried out through a public lottery to ensure transparency. Applications will open from September 20th to October 19th. Applicants must be between 21 and 45 years old and meet the income and eligibility criteria, with a security deposit equivalent to three months' rent. The units will be distributed across cities such as New Cairo, 6th October City, El Alamein, and others, in various categories including distinguished, medium, and economic housing. The aim is to provide affordable housing options and facilitate access for families with limited and moderate incomes.
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