Three Egyptian digital real estate platforms have officially started procedures with the Financial Regulatory Authority (FRA) to establish real estate investment funds and acquire licenses for investment promotion and offering coverage, Invest-Gate reports.

The platforms include Nawy, SAFE (affiliated with Madinat Masr), and SaKr, the owner of FARIDA platform. These companies aim to legitimize their business models, which focus on offering fractional property ownership through digital platforms.

This move follows a series of regulatory meetings held by the FRA with real estate developers and digital platform operators. These meetings aimed to clarify the legal and supervisory requirements needed to ensure market integrity, user protection, and support for emerging business models within Egypt’s non-banking financial sector.

According to the FRA, the initiative is part of a broader strategy to enhance market stability while enabling startups and entrepreneurs to offer innovative financial services under formal regulatory frameworks. The authority highlighted that the completion of an integrated fintech regulatory system has paved the way for such digital models to enter the market transparently.

The platforms have submitted feasibility studies and are transitioning their operations to align with the investment fund model—deemed the most appropriate legal structure to serve both the real estate sector’s funding needs and investor protection.

The FRA emphasized that these developments reflect a growing awareness among tech-based real estate firms of the importance of legal compliance and transparent operations. The Authority reaffirmed its ongoing commitment to supporting serious market players and urged any company operating informally to seek regulatory guidance and licensing.