Egypt 2026 rent increase schedule and contract expiry
Egypt has begun implementing an annual increase in the rent values of old leases, starting from September 2026, in accordance with the new Old Rental Law. This step is part of a plan to restructure the rental values that have been frozen for decades. The increase will be 15% annually over a transitional period of seven years, ending in 2032. A minimum rent will be set, varying according to the area classification: 1,000 Egyptian pounds for prime locations, 400 pounds for medium areas, and 250 pounds for economic zones. Additionally, landlords will have the right to request the termination of leases before their scheduled end in certain cases, such as prolonged closure of the unit or if the tenant owns another suitable property.
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