The Ministry of Housing, Utilities and Urban Communities has launched a first-come, first-served allocation mechanism for investment land plots across new cities, taking effect with the November launch cycle through the New Urban Communities Authority foreign investment portal.
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Direct Land Allotment in USD The new mechanism enables qualified Egyptian and foreign real-estate developers to secure investment land directly, requiring full settlement of the land value in US dollars transferred from abroad. The measure aims to shorten allocation timelines and accelerate large-scale urban developments across fourth-generation cities.
Shary's take: what it means for buyers and investors
The streamlined allocation mechanism will lower entry barriers for foreign developers and speed up project rollouts, directly expanding future inventory across major satellite cities.
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published 1 November 2026
