Housing caps income for 10,000 rentals in 26 cities
The Ministry of Housing in Egypt has announced the launch of 10,000 housing units available under a rent-to-own system in 26 cities, including Cairo New City, 6th October City, New Obour, and New Borg El Arab. The income eligibility criteria for applying are based on the value of the unit: for lands valued at less than one million Egyptian pounds, the monthly income should range between 5,000 and 16,000 EGP; for units valued between one million and two million pounds, the income should be between 12,001 and 28,000 EGP; and for units exceeding two million pounds, the income should be between 21,001 and 44,000 EGP. Applications can be submitted online from September 20 to October 19, 2026, with units allocated through a public lottery to ensure transparency. The units will be handed over after three years.
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