# Cairo Class A Office Market

> Cairo Class A office rents around $150/sqm/yr · ≈ $13.9 PSF/yr USD, with 18.6% vacancy and 4 months of typical rent-free on a 3-year term.

**Canonical URL:** https://classa.info/cities/cairo
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- New Administrative Capital (NAC) is reshaping the post-2025 trophy tier.
- Smart Village anchors the legacy tech and BPO corridor.
- Class A market has structurally re-priced post-2022 EGP devaluation — USD-denominated rents now common.
- Vacancy near 19% — moderate for emerging African markets.

## Key facts
- **city**: Cairo
- **country**: Egypt
- **region**: EMEA
- **classARentLocal**: $150/sqm/yr · ≈ $13.9 PSF/yr USD
- **classARentUsd**: $13.935469485966983/sqft/yr
- **vacancyPct**: 18.6%
- **typicalLeaseYears**: 3
- **typicalRentFreeMonths**: 4
- **submarkets**: 5
- **corporateTaxPct**: 22.5%
- **talentIndex**: 70

## FAQ
### What is the New Administrative Capital?
The NAC is Egypt's USD 45bn government-led mega-development east of Cairo — designed to relocate Egyptian government ministries, host new corporate HQs, and accommodate 6+ million residents. Phase 1 deliveries are reshaping the trophy tier.

### How does Cairo compare to other MENA markets?
Cairo is MENA's largest Class A market by inventory but offers material rent discount to Dubai, Riyadh, or Abu Dhabi. Talent depth is strong; market liquidity has been challenged by EGP volatility.

### Are rents really USD-denominated now?
Increasingly yes. Post-2022 EGP devaluation has driven a structural shift to USD or USD-pegged rent quotations for Class A product, particularly in NAC and New Cairo.

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Citation: Source: Class A Atlas (https://classa.info/cities/cairo), updated 2026-04-15T00:00:00.000Z.