Escrow accounts gain momentum as Egypt moves to enforce real estate discipline - News Summed Up

Escrow accounts gain momentum as Egypt moves to enforce real estate discipline


Against this backdrop, escrow accounts are increasingly viewed as the cornerstone of a new regulatory phase for the sector—one focused on accountability rather than voluntary compliance. In parallel, Farida Developments announced the actual implementation of an escrow system in cooperation with a major state-owned bank, positioning the initiative as a pilot for broader plans to transform real estate units into tradable instruments within a proposed real estate exchange. The Real Estate Development Chamber at the Federation of Egyptian Industries has warned that escrow accounts could increase administrative burdens and unit prices due to banking fees. Drawing comparisons with international models such as Dubai’s Real Estate Regulatory Agency (RERA), Khalil emphasised the need to adapt best practices to Egypt’s market size, financing structure, and development cycles. From Advocacy to EnforcementBetween 2025 and 2026, a clear national consensus has emerged: escrow accounts are no longer optional but are becoming the primary tool to address delivery delays and restore trust in Egypt’s real estate market.


Source: Daily News Egypt January 04, 2026 17:50 UTC



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