Makanak Real Estate

What Makanak Real Estate does

Makanak Real Estate is a privately held Egyptian real estate marketplace headquartered in New Cairo, operating the consumer-facing portal makanak.com.eg. Founded in 2005 and employing approximately 35 people, the company serves two customer segments: individual property buyers searching for apartments, compounds, and units from developers across Egypt, and individual property owners seeking to sell their units through a structured process. The platform is built on the third-party iCloudReady technology stack and does not disclose any proprietary technology, data assets, or AI capabilities.

The company's product surface consists of three core offerings. The Property Search Platform enables buyers to filter listings by location, developer, compound, property type, rooms, finishing, and delivery date. AQAR Reference is the seller-side service, which markets units to qualified buyers, manages property viewings, and negotiates deals on behalf of owners through a three-step process from listing to closing, supported by a senior advisor on every transaction. An Appointment Scheduling system connects prospective buyers with real estate agents via an online booking flow. No mobile app is offered, and no enterprise or developer-side integrations are documented.

Makanak's business model is direct-to-consumer and transaction-fee based: the firm appears to earn commissions on completed property sales facilitated through AQAR Reference. Specific commission rates, pricing tiers, and any subscription or listing fees are not publicly disclosed, though the AQAR Reference service explicitly markets "clear commission, clear process." The company operates exclusively within Egypt, with no disclosed international footprint, partnerships, funding history, M&A activity, or named customers. The website's public-facing data surfaces (Areas, Developers, Compounds, Recommendations, Top Searches) and the agent scheduling page currently return empty states, and key legal pages display no content, which limits visibility into active inventory and transaction volume.

Name

Makanak Real Estate

Legal name

Makanak Real Estate

Website

https://makanak.com.eg

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Makanak Real Estate is an Egyptian property marketplace serving individual buyers and sellers in Egypt through a search portal and a transaction-facilitation service called AQAR Reference that manages listings, viewings, and deal negotiation for property owners.

Ownership category

akta.pro rank

Product category

Real Estate Listings Platform

NAICS

Offices of Real Estate Agents and Brokers (531210)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Real Estate Brokerage (Buy/Sell) (FSAEAJAA)

akta.pro secondary industry

Buyer Representation Services (BPAJAAAJ)

Keywords

• Property listing platform
• Real estate brokerage
• Apartment search
• Property sales service
• Egypt real estate

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Technology or R&D, Operations

Revenue model

1. Property transaction facilitation: The platform facilitates property sales between buyers and sellers, likely earning commissions or fees on completed transactions. The AQAR Reference service markets units to qualified buyers, manages viewings, and negotiates deals on behalf of property owners.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Makanak Real Estate operates an online property marketplace that aggregates residential listings of apartments, compounds, and developer projects across Egypt for individual property buyers. The company additionally offers the AQAR Reference service, a brokerage model in which its team markets an owner's unit to qualified buyers, manages viewings, negotiates the deal, and provides a senior advisor through closing in exchange for a disclosed commission.

Product overview

Makanak Real Estate operates a real estate marketplace platform consisting of a property search platform for finding apartments and compounds, a property selling service called AQAR Reference that helps owners list and sell their units to qualified buyers, and an appointment scheduling system to connect buyers with agents. The platform is built on iCloudReady technology and appears to focus on the Egyptian real estate market.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Search Platform Online property marketplace at makanak.com.eg where individual buyers can browse residential listings including apartments, compounds, and developer projects across Egypt, and book appointments with agents to view properties.
• AQAR Reference Brokerage service for individual property owners in which Makanak markets the owner's unit to qualified buyers, manages viewings and negotiations, and assigns a senior advisor through closing in exchange for a disclosed commission.
• Appointment Scheduling Online booking functionality that allows prospective buyers to schedule property viewings with Makanak agents directly through the makanak.com.eg platform.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Expansion highlights1 record

Emerging players

• Wasalt: Wasalt is an Egyptian real estate marketplace focused on connecting buyers, sellers, and brokers across primary and secondary residential property, partially overlapping with Makanak's brokerage-plus-platform model.
• Dubizzle Egypt: Dubizzle Egypt is a classifieds platform with a real estate vertical for apartments, compounds, and houses, addressing the same Egyptian buyer segments as Makanak, though with a broader classifieds model.

Direct peers

• RE/MAX Egypt: RE/MAX Egypt is a branded residential brokerage franchise offering agent-led buying and selling services across Egyptian compounds, directly comparable to Makanak's AQAR Reference service.
• Nawy: Nawy is an Egyptian proptech platform that combines listings, mortgage, and advisory services for residential buyers in compounds and new developments, serving the same buyer persona as Makanak.
• Property Finder Egypt: Property Finder is the leading property portal in Egypt offering apartment, compound, and developer search, directly overlapping Makanak's buyer-side search platform across the same Egyptian market.
• Coldwell Banker Egypt: Coldwell Banker Egypt is an international residential real estate franchise operating in the same Egyptian market as Makanak, providing buyer and seller representation for apartments and compounds.
• Aqarmap: Aqarmap is an Egyptian real estate listing platform that aggregates properties from brokers and owners, directly competing with Makanak's marketplace for Egyptian buyers and sellers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/makanak-real-estate

Revenue estimate

Valuation estimate

Number of profiles

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 Makanak Real Estate