Egypt’s Uptown 6 October for Real Estate Development has entered a strategic partnership with Dubai-based brokerage firm Sky Capstone Property to market and sell its residential, commercial, and administrative projects across the UAE, Invest-Gate reports.

Under the agreement, Sky Capstone becomes Uptown’s exclusive agent for promoting its portfolio of apartments, villas, and mixed-use developments throughout the Emirates. This collaboration marks a milestone in Egyptian–Emirati real estate cooperation, reflecting growing demand among GCC investors—particularly Egyptian expatriates—for property opportunities in Egypt.

The deal comes at a pivotal moment in bilateral economic relations. In the first half of 2025, Egyptian purchases of Dubai real estate surged by 150% over the same period in 2024. Simultaneously, major UAE investments like the USD 35bn Ras El Hekma project have reinforced Egypt’s position as a leading investment destination. According to Knight Frank, GCC investment in Egyptian real estate has reached approximately USD 115bn, underscoring strong regional confidence.

The collaboration reflects wider trends in the regional property market, including rising cross-border investment and stronger engagement from high-net-worth GCC investors. Uptown will benefit from Sky Capstone’s expertise in sales and marketing within the UAE, while ensuring regulatory compliance to safeguard client rights and guarantee smooth transactions. The agreement also opens opportunities for expansion into other Emirates and GCC countries.

The partnership will launch marketing campaigns across digital and traditional platforms and organize exclusive investor-focused events. Sky Capstone will handle client engagement from initial inquiries through negotiations, while Uptown will remain responsible for final contract execution, with both companies committed to transparency, professionalism, and service excellence.