Prices of Apartments in El Mahallah El Kubra average 8,800 EGP per square meter.
25%
Demand level
(Low)+32.47%
Price change in 12 months
Al-Mahalla Al-Kubra is a major city in Gharbia and is famous for its distinguished industrial activity in the production of spinning, weaving and furnishings, which are exported globally.
Al-Mahalla Al-Kubra attracts thousands of residents to live and live near their work in various factories. Therefore, the demand for residential and commercial real estate units, clinics, and stores is great.
During the period from 2022 to 2023, the prices per square meter increased by 10% from the base price.
El-Mahalla El-Kubra includes different properties, varying between residential, commercial, and administrative.
During the recent period that followed the Corona crisis, then the economic crisis and the changes in the price of the pound, many resorted to buying real estate to preserve the value of their money by placing it in a property that preserves its value and returns a good monthly income in case of renting.
Thus, there is an increased demand for real estate, which raised prices by no less than 10%.
Rental prices for administrative real estate are slightly high due to the presence of many corporate and marketing projects for the city's production of spinning, weaving and cloth.
Residential rental prices depend on the location of the apartment or house from the important streets and main squares.