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Housing Authority's urgent rent-to-own decision
The Egyptian Ministry of Housing has decided to allow residents of Cairo and Alexandria governorates to apply for units in the "Valley Towers East" project in New Obour City and the "Rawdat Obour" project in Obour City. Additionally, applications are open for units in "Sakan Misr" and "Egyptian Housing" in New Alamein. This move comes in response to the rising demand and strong interest in rent-to-own apartments. The booking process will remain open until October 19, 2026, for 10,000 new housing units. The government’s aim is to meet citizens' needs and facilitate access to housing units as part of its real estate development plans, while adhering to the specific conditions and regulations set for each project.
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