In recent years, Egypt has become one of the most attractive countries for Arab real estate investors—especially Saudi citizens looking for a secure investment environment, competitive prices, and upscale residential areas like Sheikh Zayed City and New Cairo.
By 2025, demand from Saudis to buying property in Egypt has significantly increased—whether for investment, residence, or obtaining long-term stay permits.
Can Saudis Own Property in Egypt?
Yes. Saudi citizens are legally allowed to own property in Egypt according to Egyptian laws regulating foreign ownership.
Egyptian investment laws permit any foreigner to own up to two properties in total, provided that:
- The combined area does not exceed 4,000 square meters.
- The property is not located in archaeological or strategic areas.
The Egyptian government also encourages Saudis to invest in the real estate sector through simplified procedures and guarantees to protect their ownership rights.
Does Buying Property in Egypt Grant Residency?
One of the most common questions among Saudis is:
Can I get residency in Egypt if I buy a property?
Yes, individuals can obtain residency in Egypt through real estate investment. Purchasing a property or apartment in Egypt allows you to open new horizons for long-term or permanent residence—but there are some procedures and requirements that must be met.
This feature makes investing in Egyptian real estate attractive not only for profit but also for legal residency and stability.
Steps for Saudis to Buy Property in Egypt
Buying property in Egypt for Saudis involves simple and clear steps:
1. Choose the Right Area
Start by selecting a strategic and high-demand area, such as:
- Sheikh Zayed City
- New Cairo (Fifth Settlement)
- 6th of October City
- The New Administrative Capital
Sheikh Zayed City stands out for its strategic location near the Desert Road and 26th of July Corridor, its peaceful environment, and luxury compounds like Belva Compound.
2. Choose a Trusted Real Estate Developer
When searching for apartments for sale in Sheikh Zayed, it’s essential to deal with a reputable developer such as El Karnak, known for offering modern projects that combine luxury, privacy, and comprehensive facilities.
Belva Compound is a prime example—located in the heart of Sheikh Zayed City, just:
- 10 minutes from Smart Village
- 10 minutes from New Zayed
- 1 minute from El Nozha Street
The compound includes a full sports club, gym, football and padel courts, and large green spaces—making it one of the best compounds in Sheikh Zayed in terms of investment value and lifestyle quality.
3. Sign and Register the Sales Contract
After choosing the property, a preliminary sales contract is signed between the buyer and seller.
It’s then registered at the Real Estate Registry (Notary Office) to protect ownership rights.
Hiring a real estate lawyer is strongly recommended to review the documents and verify that the property is legally clear and free from violations.
4. Transfer Funds via Official Channels
Saudi investors must transfer the property value in foreign currency through official Egyptian banks, ensuring full transparency and documentation with the Central Bank of Egypt.
5. Receive and Utilize the Property
Once all procedures are completed, the buyer can receive the unit and either finish it or rent it out depending on their investment plan.
Many Saudis prefer furnished apartments or luxury penthouses in areas like El Thawra El Khadra (Green Revolution) or District 8, known for high rental yields.
Conditions for Foreigners Buying Property in Egypt
According to Executive Regulation No. 230 of 1996, the main conditions for foreigners purchasing property in Egypt include:
- Ownership is limited to two properties per person.
- The total area must not exceed 4,000 square meters.
- Properties cannot be in archaeological or military zones.
- The property cannot be resold within five years of purchase.
Investment Laws Encouraging Saudi Ownership in Egypt
Egypt’s investment laws aim to strengthen Saudi investor confidence through:
- Full ownership rights for foreigners in designated areas.
- Tax exemptions on real estate investment returns.
- Freedom to transfer profits abroad.
- Investment protection laws that ensure project stability.
Why El Karnak Real Estate is the Best Choice for Investment
El Karnak Real Estate Development is one of Egypt’s leading property developers, with a strong portfolio of successful residential and commercial projects—especially in Sheikh Zayed City.
Their flagship project, Belva Compound, offers:
- A strategic location near Zed Park, Arkan Plaza, and Dandy Mall.
- Modern architecture and diverse unit sizes.
- Competitive prices compared to Egypt’s 2025 property market.
- A balanced environment between investment value and luxury living.
El Karnak provides Saudi investors with a guaranteed and secure investment opportunity in one of Egypt’s fastest-growing and most stable cities.
Conclusion
In 2025, buying property in Egypt for Saudis is one of the most promising investment decisions, thanks to the country’s economic stability and growing demand for luxury housing in areas like Sheikh Zayed.
If you’re searching for a luxurious apartment or a profitable investment, Belva Compound by El Karnak is your best choice—it offers the perfect combination of location, luxury, and return on investment.
Start your investment journey today!
FAQs
Can Saudis own property in Egypt?
Yes. According to Egyptian law, Saudis can own up to two properties in Egypt with a total area not exceeding 4,000 square meters.
Does buying property in Egypt grant residency?
Yes. If the property value is $200,000 or more, the investor is eligible for a renewable 5-year residence permit.
What is the best city to buy property in Egypt?
Sheikh Zayed City is currently the best option due to its location, facilities, and modern projects such as Belva Compound.
Are Egyptian property prices cheaper than in Riyadh?
Yes. Property prices in Egypt are 40–60% lower than those in Riyadh, making it a highly attractive investment destination.
How can I start investing with El Karnak?
You can contact El Karnak Real Estate Development directly through their official website and choose your unit in Belva Sheikh Zayed, with flexible payment plans and competitive prices.