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Pre-September Rent Reassessment Method
Lawyer Tarek Jabr's statements clarify that the calculation of the old rent involves two stages. The first stage is classifying the area based on multiple criteria such as location and amenities, dividing it into distinguished, medium, and economic zones. Then, a 15% increase is added to the calculated value. In distinguished areas, the rent is calculated as 20 times the legal rent, with a minimum of 1,000 EGP. In medium areas, it's 10 times the legal rent, with a minimum of 400 EGP. In economic areas, it's also 10 times the legal rent, with a minimum of 250 EGP. The classification is determined based on a point system, which depends on criteria including infrastructure and services; an area is considered distinguished if it scores more than 80 points. He added that tenants must pay the new amount on time, keeping the payment receipts, even if there is a judicial objection, and they can claim any differences after a court ruling in their favor.
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