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Egypt · North Coast

Real estate careers in North Coast

Jobs, neighbourhoods, where to invest, agencies and training for brokers in North Coast. Brokers in Egypt register with GOEIC, and the rules differ from the Gulf.

Jobs in North CoastVerified jobs and offers from the web Egypt training125 exercises, free Agencies in North Coast4 in the directory Become a broker in EgyptThe GOEIC registry step by step Where to investGrowth areas and major projects All EgyptRegistry, foreign buyers, tax, off-plan

The market in North Coast

Modon Ras El Hekma ranked seventh among Egypt's developers in H1 2026 with about EGP 44 billion of sales, and the North Coast took 33% of the top 10's sales (EnterpriseAM, August 2026).

The Mediterranean coast west of Alexandria has become Egypt's second biggest sales market, with 33% of the top 10 developers' sales in H1 2026. Gulf sovereign money drives it: ADQ's Ras El Hekma deal and Qatari Diar's Alam El Roum project. The state is pushing year-round living in New Alamein, while most private demand is still for holiday homes.

Foreign buyers
Foreigners can buy units here on the national rules, paying in foreign currency from abroad, and Ahram notes most foreign demand on the North Coast is for vacation homes rather than residency. Land itself stays out of reach: the government says foreign ownership is limited to units, and some North Coast areas charge an EGP 1,000 per sqm transfer fee, which New Alamein does not apply.
Broker registration
Anyone who brokers the sale, purchase or lease of property or land must be entered in GOEIC's Real Estate Brokers Registry, created by Law 21 of 2022 amending the Commercial Agency and Brokerage Law 120 of 1982. Ministerial Decision 578 of 2025 on broker types and categories was issued on 16 December 2025 and took effect on 18 January 2026 according to Property Finder Egypt, and existing practitioners had six months, to July 2026, to register. Applicants first pass GOEIC's online Real Estate Brokerage Practice course (3 days, 12 hours, 80% attendance and a final assessment, EGP 1,500), then file the individual or company form with the certificate at a GOEIC branch. Brokers register as seller, buyer, dual or rental brokers and are graded by deal size: A (over EGP 100 million, capital EGP 1 million), B (over EGP 50 million, EGP 500,000), C (over EGP 10 million, EGP 50,000) and D (up to EGP 10 million, EGP 20,000). The broker card is collected at the Maarouf (Cairo), 6th of October or Alexandria branches. Registration fees are paid at branches but are not published; practising without registration carries up to two years in prison and a fine of EGP 50,000 to EGP 1 million. The full guide
Sources (6)

Where to invest in North Coast

Where development is going, with the facts behind it. Not investment advice: check each project before you advise a client.

  1. Ras El HekmaADQ paid USD 24 billion for development rights over more than 170 million sqm and committed USD 11 billion to other Egyptian projects, with the state keeping 35%; Modon awarded Orascom a USD 316 million first-phase contract in January 2026 and booked about EGP 44 billion of sales in H1 2026.
  2. Alam El Roum and SamlaQatari Diar signed a USD 29.7 billion deal for about 4,900 feddans near Marsa Matrouh in November 2025, with USD 3.5 billion paid in cash and NUCA taking 15% of net profits after costs.
  3. New AlameinA state city aimed at year-round use: 18 beachfront towers are done and five more are being built, Alamein International University is open and 3,000 mid-income units were handed over by September 2025.
  4. Sidi Abdel Rahman and El Alamein resortsEstablished gated resorts such as Marassi and Hacienda Bay give the most liquid resale market on the coast, but use is still mostly seasonal, which limits rental income outside summer.

Agencies in North Coast

All agencies in North Coast →

Train for North Coast

Learn the local rules, then the skills that work everywhere.

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