Developers call for hybrid real estate regulatory model drawing on UAE, Saudi and UK experiences

October 11, 2026 - 22:20

Developers operating in the Egyptian market are calling for a comprehensive real estate regulatory framework that combines the project oversight and escrow account systems of the United Arab Emirates, the pre-licensing approach of Saudi Arabia, and the consumer protection standards of the United Kingdom. The proposal comes as market participants argue that a single-source model has not kept pace with the scale and complexity of current development activity.

According to industry figures, the UAE model offers strong safeguards through mandatory escrow accounts that tie construction payments to verified progress. Saudi Arabia's framework requires developers to obtain pre-licensing before selling off-plan units, a step that filters out undercapitalized firms. The UK system, meanwhile, emphasizes clear disclosure, standardized contracts, and independent dispute resolution for buyers.

Developers say merging these elements could reduce delivery delays, protect buyer funds, and restore confidence in off-plan sales. They also note that local market conditions require flexibility, since project sizes and financing structures vary widely. A hybrid approach, they argue, would allow regulators to tailor rules by project type and risk level rather than applying a uniform code.

The call follows several high-profile delays and disputes in the Egyptian market. Supporters of reform say clearer rules would attract institutional investment and reduce reliance on informal arrangements between buyers and sellers. No timeline has been set for proposing the framework to authorities.