*Aqar Exit launches Egypt’s first real estate assignment market index*

*Units listed on Aqar Exit have an estimated market value of EGP 72.2bn, says Mahmoud Ammar*

Aqar Exit has announced the launch of Egypt’s first index for real estate assignment market, a move aimed at tracking activity in existing property contracts and analyzing trends in supply, demand, liquidity, and purchasing power.
The index is based on preliminary data recorded on the platform between 8 August and 5 September 2026.
Dr. Mahmoud Ammar, Founder and CEO of Aqar Exit, stated that the index was launched in response to the growing need for more accurate and reliable data on real estate assignment market, particularly amid the increasing volume of transactions involving existing property contracts.
He noted that several attempts had recently been made to analyze the platform’s figures, some of which included inaccuracies in reading or interpreting the data.
Based on these developments, Aqar Exit has decided to issue regular official reports presenting verified market indicators derived from the platform’s data. The reports aim to provide developers, investors, brokers, and customers with clearer insights into the shifts and emerging trends across Egypt’s real estate market.
Ammar said, “One is trying to move away from yesterday’s prices, while another is trying to escape today’s prices—and the two have met on Aqar Exit.”
Data from the platform’s first 28 days of operation revealed that the activity extends beyond simple unit resales, with the early emergence of a genuine secondary market for installment-based real estate contracts. While such a market had previously existed informally through brokers, closed groups, and individual transactions, it is now, for the first time, generating measurable and trackable market indicators.

*Aqar Exit Index*
The platform’s first official report revealed strong activity levels, with 9,839 assignment files opened on Aqar Exit. A total of 7,225 individual sellers registered assignment files, while 5,045 units were either listed on the platform or under review. The estimated market value of the listed units reached EGP 72.2bn, while the original contract value of these units stood at EGP 53.6bn.
Ammar noted that the gap between the original contract value and the current market value reflects the multiple pricing levels prevailing in the market.
He explained that real estate in Egypt is no longer traded at a single price, with developers’ current launch prices existing alongside prices of earlier contracts that are still being paid in installments.
31,900 Purchase Requests and 14.6 Hours to First Offer
On the demand side, Aqar Exit’s data showed strong and active interest in units listed for assignment. The platform recorded 31,992 purchase requests from 17,268 individual buyers, while listed units generated 684,134 views.
The data also showed that the median time for a listed unit to receive its first purchase request was just 14.6 hours after being posted. Moreover, 69.1% of units that received purchase requests attracted their first request within the first 48 hours.
Ammar further pointed out that these figures reflect the presence of two opposing sides in the market: one seeking to exit an existing financial commitment, and another looking for an opportunity to enter the market through an existing contract rather than bearing the higher cost of a new launch.

*Demand Concentrated in Lower Price Segments*
He explained that the distribution of demand by price reveals one of the key messages developers should take into consideration. According to Aqar Exit’s data, units priced below EGP 3m recorded an average of 9.5 purchase requests per unit, compared with 1.6 purchase requests per unit for properties priced above EGP 20m.
The data also showed that buyers had a median available cash liquidity of around EGP 1m, while the median monthly installment buyers were willing to pay stood at approximately EGP 50,000.
Aqar Exit’s CEO disclosed these indicators raise questions about whether current property pricing levels are aligned with the market’s actual purchasing power, added that the figures do not reflect opinion polls, but are based on actual purchase requests registered on the platform.

*The Second-Year Test of Buyers’ Financial Capacity*
The report also identified another pattern related to the timing of assignment decisions. The data showed that, for roughly half of the sellers, the amount paid at the time the unit was listed for assignment represented around 26.8% of the unit’s value.
Meanwhile, 88.1% of cases with available contract-age data occurred within the first two years of the contract. A total of 1,497 sellers indicated that they were willing to give up part of their proceeds in exchange for a faster exit, representing approximately 31.3% of the listed units.
The data also showed that 20.7% of cases with available payment-status information involved sellers who reported having overdue installments.
“These indicators point to what could be described as the “Second-Year Pressure Point” — the stage at which a customer’s actual ability to meet financial obligations begins to emerge, after a period of holding the contract and transitioning from the initial purchase decision to the reality of making installment payments,” Ammar said.

*EGP 16bn in Paper Gains Seeking Liquidity*
One of the report’s key indicators was the identification of around EGP 16bn in unrealized gains among units offered for assignment. According to Ammar, this highlights an important paradox in the real estate market: customers may hold significant gains on paper while simultaneously facing a need for liquidity.
Ammar added, “Paper gains don’t pay the installments, and sometimes liquidity is more important than deferred profits. Rising property values do not necessarily translate into an owner’s ability to keep up with installment payments. As a result, the assignment market brings together sellers seeking liquidity and buyers looking to secure more attractive prices or payment terms.”

*Aqar Exit: Turning Assignment Market from Perceptions into Data*
Ammar explained that the market tracked by Aqar Exit goes beyond the traditional concept of a “resale” market and cannot simply be viewed as a channel for selling units at discounted prices. Rather, it reflects the emergence of a distinct secondary market shaped by its own dynamics, including supply and demand, liquidity, transaction speed, purchasing power, and pricing.
He added that the launch of the Aqar Exit Index for the assignment market aims to transform a market that has long operated through individual transactions and market perceptions into one whose activity can be monitored, measured, and analyzed through regular indicators.
The index should not be interpreted as an indication that the real estate market is facing a crisis, he said, clarified that not every unit offered for assignment is necessarily owned by a financially distressed seller, nor is the index intended to assess the performance of any particular developer or project. Instead, it provides an objective reading of the data recorded on the platform during the reporting period.
He concluded that Egypt’s real estate market is undergoing change, with the emergence of a secondary market for existing property contracts representing one of the most notable developments. Accordingly, continued publication of the index on a regular basis will provide a more accurate view of the market’s evolution, as well as emerging trends in demand and liquidity, in the coming period.