How Nawy Is Transforming Real Estate in Egypt and Across MENA
Searching for how to invest in Egypt’s booming real estate market with more transparency and less hassle? Wondering which African proptech just raised $52 million to expand across MENA? Nawy, the leading property technology platform in Africa, is redefining property buying, selling, and investing with a new customer-first approach. By combining real estate listings, brokerage services, and innovative financial products, Nawy is making property investment more accessible than ever — particularly in Egypt’s $30 billion new-build sector.
The Cairo-based startup recently secured $52 million in Series A funding, positioning itself as the go-to platform for real estate buyers, investors, and brokers across the region. If you're looking for smarter ways to navigate Egypt’s complex real estate market, Nawy’s growth signals a major shift.
Nawy’s $52 Million Series A: A Game-Changer for African Proptech
Founded in 2019 by former Vodafone executive Mostafa El Beltagy and co-founders Abdel-Azim Osman, Ahmed Rafea, Mohamed Abou Ghanima, and Aly Rafea, Nawy emerged from a deeply personal frustration with Egypt’s opaque property sector. Traditionally, buying property involved combing through developer brochures, relying on commission-driven brokers, and lacking trustworthy information — a process both inefficient and risky for investors.
Nawy's solution? Build an integrated ecosystem where customers can buy, sell, finance, and manage real estate through one transparent platform. Their approach has quickly earned traction, culminating in a $52 million funding round led by Partech Africa and a $23 million debt facility backed by Egypt’s top banks. This massive investment not only validates Nawy’s model but also sets a new benchmark for African startups seeking to transform traditional industries.
A New Era of Accessible Property Investment in Egypt
One of Nawy's standout innovations is Nawy Shares, a fractional ownership product allowing users to invest in real estate with as little as $500. This democratizes access to Egypt’s property market, enabling middle-income buyers to enter a historically exclusive arena. At a time when inflation and currency devaluation concerns are driving interest in real estate, Nawy offers a tangible hedge for investors.
To further support buyers, the platform has introduced "Move Now, Pay Later," a groundbreaking mortgage alternative offering installment plans. Given Egypt’s banking sector offers limited real estate financing, this new solution fills a critical market gap and enhances affordability — a key factor influencing today’s real estate market trends.
Building Trust with Brokers and Developers
Initially, Nawy faced skepticism from developers and brokers. Many questioned whether the startup could generate sufficient traffic and feared competition. But Nawy cleverly turned this around by introducing instant commission payouts for brokers making their first sale on the platform — funded upfront.
This strategy fueled rapid adoption. Today, over 3,000 brokerages actively use Nawy Partners, gaining real-time access to live inventory and flexible payouts. Developers, too, now compete to be listed, with Nawy hosting hundreds of projects in a market generating about 100,000 transactions annually.
With more than one million monthly visitors, Nawy has established itself as a leading real estate marketplace, offering property listings from Egypt’s top developers and giving users a centralized, user-friendly experience.
Nawy’s Vision: Disrupting MENA’s $30B Real Estate Market
CEO Mostafa El Beltagy envisions Nawy as more than just a property portal. By combining brokerage services, fractional ownership, embedded finance products, and investment options, Nawy is creating a full-stack real estate ecosystem.
This holistic approach not only simplifies the property purchasing journey but also introduces innovative financing options previously unavailable to most Egyptians. As the MENA region’s demand for reliable property investment platforms continues to grow, Nawy’s blueprint could reshape real estate across multiple markets.
With its recent $75 million funding milestone, Nawy is now poised to expand its impact beyond Egypt, tapping into lucrative opportunities across North Africa and the Middle East.
Why Nawy Matters for Property Investors
Whether you're a first-time homebuyer, a real estate investor seeking inflation-proof assets, or a broker looking for new tools to grow your business, Nawy offers an unmatched platform designed for today's real estate realities. By solving longstanding market inefficiencies and introducing tech-driven solutions, Nawy is setting new standards for proptech innovation in MENA and Africa.
As digital real estate platforms continue gaining momentum, expect Nawy to play a central role in transforming property investment in the region — with user trust, transparency, and accessibility at its core.
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