24 Hrs
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المصري اليوم
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Lease-to-own application opens today at 2000 pounds
The ownership rental project aims to provide affordable housing units for individuals, with the possibility of ownership after a certain period. This initiative is designed to facilitate homeownership for low- and middle-income classes. The first reservation phase begins on September 20, 2026, and runs until September 27, and is dedicated to people with disabilities. The reservation is open to everyone from September 28 until October 28. The offering includes 10,000 housing units in 26 new cities, with sizes ranging from 57 to 161 square meters. Monthly rents will be between 1,500 and 2,000 Egyptian pounds, supported by financial assistance of up to 100,000 pounds from the Housing Fund. Eligibility conditions specify that applicants should be between 21 and 35 years old, have a monthly income of less than 16,000 pounds, and pay a security deposit of 10,000 pounds. Applications are submitted electronically through the "Maskan" platform, and the required documents include a national ID card, salary slips, income certificates, and birth certificates of children. Unit locations will be assigned based on the applicant's residence or another city if units are not available in their area.
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