1 Day
Source:
المصري اليوم
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Rent increase in September 2026 and options
As the deadline for paying the September 2026 rent approaches, an annual increase of 15% will be applied to units governed by the old lease law, based on the current rental value. This measure aims to regulate the relationship between landlords and tenants and achieve a balance in rental prices. The old lease law has established a transitional period of between 5 to 7 years, allowing tenants time to adjust their arrangements and benefit from government housing programs. The Ministry also continues to receive applications for alternative housing units, offering various payment systems including rent, mortgage financing, and installment ownership, with the goal of providing suitable options for eligible beneficiaries.
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