What is the average Class A rent in Cairo?

Around 150 USD/sqft/yr ($150 USD) across the broader Class A index. Trophy submarkets like New Administrative Capital (NAC) command 20–40% above that.

How many months of rent-free are normal in Cairo?

4 months on a 3-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

Are rents rising or falling in Cairo?

The Cairo Class A market is currently rising. Vacancy is 18.6%, which sets the negotiating context.

Headline Class A rent in Cairo is around 150 USD/sqft/yr ($150 USD), with 4 months of typical rent-free on a 3-year term.

Headline Class A rent: 150 USD/sqft/yr ($150 USD).
Trophy submarket rents (New Administrative Capital (NAC)) push to roughly $192/sqm/yr · ≈ $17.8 PSF/yr USD.
Typical concessions on a 3-year deal: 4 months free rent.
Vacancy stands at 18.6% — market trend is rising.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Cairo Class A office rents and incentives

Headline Class A rent in Cairo is around 150 USD/sqft/yr ($150 USD), with 4 months of typical rent-free on a 3-year term.

TL;DR

Headline Class A rent: 150 USD/sqft/yr ($150 USD).
Trophy submarket rents (New Administrative Capital (NAC)) push to roughly $192/sqm/yr · ≈ $17.8 PSF/yr USD.
Typical concessions on a 3-year deal: 4 months free rent.
Vacancy stands at 18.6% — market trend is rising.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Headline rent vs. effective rent

Asking rents in Cairo are quoted in USD per sqft per year. Across the broad Class A index the figure is 150, but the trophy tier in New Administrative Capital (NAC) reaches roughly $192/sqm/yr · ≈ $17.8 PSF/yr USD. Always discount headline rent by the present value of free rent and fit-out-capex">tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.

Rent-free and TI

Standard Cairo concessions on a 3-year Class A lease run to 4 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — Egyptian corporate tax of 22.5%. 14% VAT. Banks pay 25%. Suez Canal SEZ has special incentives.

Where rents land by submarket

New Administrative Capital (NAC) sits at the top end (~$192/sqm/yr · ≈ $17.8 PSF/yr USD). Smart Village / 6th of October clears around $132/sqm/yr · ≈ $12.3 PSF/yr USD as the prime tier. The full submarket map is on the Cairo city page.

Key facts

city	Cairo
country	Egypt
region	EMEA
classARentLocal	150 USD/sqft/yr
classARentUsd	$150/sqft/yr
vacancy	18.6%
typicalLeaseYears	3
typicalRentFreeMonths	4
submarkets	5
primeYieldPct	9%
trophyRent	$192/sqm/yr · ≈ $17.8 PSF/yr USD
primeRent	$132/sqm/yr · ≈ $12.3 PSF/yr USD

Frequently asked questions

What is the average Class A rent in Cairo?: Around 150 USD/sqft/yr ($150 USD) across the broader Class A index. Trophy submarkets like New Administrative Capital (NAC) command 20–40% above that.
How many months of rent-free are normal in Cairo?: 4 months on a 3-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.
Are rents rising or falling in Cairo?: The Cairo Class A market is currently rising. Vacancy is 18.6%, which sets the negotiating context.

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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