Ahmed Al-Sadiq, Head of Egypt’s Real Estate Taxation Authority (RTA), said that following recent amendments to the Real Estate Tax Law, only around 2 million property units out of an estimated 55 million nationwide will be subject to residential property tax. Al-Sadiq added that annual revenues from the amended tax on built residential properties are projected to reach approximately EGP 20bn. The changes are expected to significantly narrow the tax base, confining liability largely to higher-value residential units while preserving exemptions for the majority of homeowners. According to official data, Egypt’s total real estate wealth is estimated at 55 million units, comprising 47 million residential properties and around 8 million units classified as commercial, secondary or seasonal properties. Investment and digital transformationAl-Sadiq noted that the Real Estate Taxation Authority employs approximately 19,000 staff members across Egypt’s governorates.

Source: Daily News Egypt February 15, 2026 18:01 UTC