Sharm El Sheikh Real Estate

What Sharm El Sheikh Real Estate does

Sharm El Sheikh Real Estate is a privately held, founder-operated real estate agency established in 2004 and headquartered in Sharm El Sheikh, Egypt. The firm offers end-to-end property services across the Sharm El Sheikh resort corridor, including property sales (apartments, villas, penthouses, townhouses, duplexes, and land), monthly and daily rentals, recurring property management (inspections, tax payment coordination, housekeeping), a property exchange platform, a quick cash-sale service for distressed sellers, and furniture packages for new owners. Its operational footprint comprises multiple physical offices in Sharm El Sheikh's principal districts (Hadaba HQ, Naama Bay, Nabq), a Cairo office via its 2010-launched sister company Egypt Prime Location, and a planned Marsa Alam branch.

The firm's underlying technology is a multi-language property-listing website (Arabic, German, Russian, Italian, English) with area, type, price, size, room, and currency filters (EGP, USD, EUR, GBP, KWD, AED, SAR), supported by direct WhatsApp sales and an agent-login portal. Its revenue model is a blend of transaction commissions on sales and rentals, recurring property management and tax-payment fees, and professional services revenue from furniture packages. Distribution is sales-led: multilingual agents in physical offices, supplemented by the Property Investor Show in London, social media, and a referral/agent network.

Since founding, the company reports 16,692+ cumulative clients served, 1,165 properties sold, 147 active listings, and representation of 45+ development projects including exclusive mandates on Cometa Resort, Sierra Resort, Sunny Lakes Elite, The View Resort, Oasis Villas, and a June 2024 exclusive agreement for Rose Island and Rose Land Montazah. The firm has won the Arabian and African Property Awards consistently from 2007 through 2022 for best real estate and property management company in Egypt/Arabia/Africa. Notable historical events include a 2010-2011 expansion push (new offices, sister company, Ein El Sokhna land JV) followed by a December 2012 contraction that closed the Nabq office due to property-market headwinds.

Name

Sharm El Sheikh Real Estate

Legal name

Sharm El Sheikh Real Estate

Website

https://sharmelsheikhrealestate.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Sharm El Sheikh Real Estate is a privately held Egyptian real estate agency founded in 2004 in Sharm El Sheikh, offering property sales, rentals, management, exchange, and furniture services to international and domestic buyers in the Sinai resort market.

Ownership category

akta.pro rank

Headquarters

HQ city

Sharm El-sheikh

HQ country

Egypt

HQ region

Africa

Offices8 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Property Sales Commission: Commission-based revenue from facilitating property sales transactions for both buyers and sellers. Properties range from apartments to villas with prices from 4,550,000 LE to 13,500,000 LE.
2. Property Rental Services: Monthly and daily rental services with rental prices ranging from 350 USD per month to 15,000 EGP per month for various property types. Services include property management and rental coordination.
3. Property Management: Ongoing property management services for clients including routine inspections, property tax payment, and housekeeping coordination. Annual property tax service fee of 15 Sterling.
4. Furniture Services: High quality furniture tailored to match each customer according to their interest and demands.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Sharm El Sheikh Real Estate is a full-service real estate agency operating in Sharm El Sheikh, Egypt since 2004, facilitating the buying, selling, and renting of residential and commercial properties including apartments, villas, penthouses, duplexes, townhouses, and land. The company also provides ongoing property management services (routine inspections, property tax payment, housekeeping coordination), property exchange services, expedited quick cash sale services, and tailored furniture packages for purchased properties.

Product overview

Sharm El Sheikh Real Estate operates as a unified real estate platform offering property sales, rentals, and management services across Sharm El Sheikh, Egypt. The company was established in 2004 and manages a portfolio of residential developments including Royal Residence 4, El Shahd Residence, and Sierra Resort, alongside core services for property buying, selling, renting (monthly and daily), property management, quick cash sales, property exchange, and furniture services. The platform covers multiple areas including Nabq Bay, Naama Bay, Montazah, Hadaba, Sharks Bay, and Delta, with multi-language website support in Arabic, German, Russian, and Italian.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Sales Services
• Property Rental Services
• Property Management
• Quick Cash Sale
• Property Exchange
• Furniture Services
• Royal Residence 4
• El Shahd Residence
• Sierra Resort
• Cometa Resort
• Oasis Villas

Quantifiable outcome

• 16,692+ total clients served since 2004
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Rose Island and Rose Land MontazahcoreStrategic or Co-development Partner · 12 June 2024Exclusive sales and marketing agreement signed with Rose Island and Rose Land Montazah. This is a significant exclusive partnership for marketing exclusive units at Rose Land and Rose Island Montazah developments.
• Cometa ResortcoreStrategic or Co-development Partner · 1 June 2017Exclusive brokerage agreement for Cometa Resort located at Nabq Bay. Phase 1 consists of 60 ready-to-move 2-bedroom residential units, operational August 2017. Unique architecture project with innovative design, walking distance from the sea.
• Jasmine ResidenceminorStrategic or Co-development Partner · 25 July 2011Pre-launch marketing for Jasmine Residence located in the heart of Naama Bay. Prices starting from 210,600 EGP with sea views and below market value.
• AIPP (Association of International Property Professionals)coreOthers · 10 May 2011Member of AIPP - vetted and approved member voluntarily committed to industry regulation. Provides credibility and consumer protection for international property buyers.
• Sunny Lakes (Elite)coreStrategic or Co-development Partner · 20 December 2010Exclusive marketing contract for Sunny Lakes Elite with outstanding finishing standards. First 10 units sold with instant equity up to 20,600 EGP.
• Roots For Investment and DevelopmentminorStrategic or Co-development Partner · 5 November 2010Partner in land development at Ein El Sokhna. Company will start developing property in 2011 as part of this joint venture.
• Egypt Prime Location (Sister Company)coreOthers · 1 November 2010Sister company launched within the group to work and market projects and properties. Cairo Head Office at 167 Pyramids Road Giza, Marsa Alam Branch planned.
• Sierra ResortcoreStrategic or Co-development PartnerExclusive sales representation for Sierra Resort Nabq Bay. Gated resort with 10 swimming pools, 1-3 bedroom apartments, beach access 1km away, prices from 1,800,000 EGP.
• The View ResortcoreStrategic or Co-development PartnerExclusive sales units reserved for investors at The View Resort. Multiple phases launched - Phase 2 was 90% sold out. Payment plan: 40% contracting deposit.
• Moona ResortminorStrategic or Co-development PartnerExclusive marketing for Moona Resort. Zone 2 was 90% sold out with Zone 3 launch upcoming at increased prices.
• Oasis VillascoreStrategic or Co-development PartnerExclusive marketing for Oasis Villas at Nabq Bay with stunning sea views and private pool. Starting prices from 1,240,000 EGP with pre-launch instant equity up to 100,000 EGP for first 10 villas.

Scale indicators7 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Engel & Völkers Egypt: German-headquartered international real estate franchise with Egyptian operations focused on premium residential properties. Directly comparable as a premium-segment, multi-language agency serving foreign buyers in resort markets.
• RE/MAX Egypt: Global franchise operating in Egypt with sales, rentals, and property management. Comparable as an international network agency targeting the same cross-border property buyer demographic in Egyptian resort areas.
• Asteco Egypt: UAE-headquartered real estate services firm with Egyptian operations offering sales, leasing, and property management. Comparable as a regional full-service agency serving foreign investors across residential segments in Egypt.
• Coldwell Banker Egypt: Egyptian arm of the global Coldwell Banker franchise, offering residential sales, rentals, and property management in Egypt. Comparable as an international-brand full-service agency competing for the same foreign-buyer segment in resort markets.
• Nile Projects: Egyptian real estate agency marketing residential developments and resale properties along the Red Sea coast including Sharm El Sheikh. Comparable as a direct local competitor handling new-development sales and rentals in the same geographic market.
• Better Homes Egypt: Egyptian real estate brokerage operating across residential sales, rentals, and property management in resort and urban markets. Directly comparable as a full-service agency serving local and international buyers with multi-language support.

Broad incumbents

• JLL Egypt: Global real estate services firm with Egyptian operations spanning investment advisory, property management, and valuation. Comparable as a broad incumbent with a wider service portfolio, capable of competing for premium mandates.
• Cushman & Wakefield Egypt: Global commercial real estate firm with Egyptian operations covering advisory, valuation, and property management. Comparable as a broad incumbent offering overlapping services at the premium end of the Egyptian market.
• Savills Egypt: Global commercial real estate advisory with Egyptian operations handling high-end residential, commercial, and investment advisory. Comparable as a broader incumbent serving the upper end of the Egyptian market with deeper institutional relationships.

Emerging players

• Property Finder Egypt: Leading online property listing platform in Egypt connecting buyers and renters with agencies. Comparable as an alternative channel that competes for foreign buyer attention and could disintermediate traditional agencies over time.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/SharmRealEstate
• Facebookfacebook.com/admin.realestate
• LinkedInlinkedin.com/company/sharm-holidays-dot-com-real-estate

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sharm El Sheikh Real Estate