24 Hrs
Source:
المصري اليوم
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Source: المصري اليوم
24 Hrsالمصري اليوم
Source: المصري اليوم
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Starting tomorrow, the first annual increase will be applied to old rental values at a rate of 15%, in accordance with Law No. 164 of 2025. This marks a change in the relationship between landlords and tenants after years of debate. Landlords believe the percentage is insufficient and are demanding a 25% increase, while tenants oppose the increases, arguing that they are calculated based on the new values rather than the original contracts. Some categories of tenants are unable to bear the costs due to economic conditions and the disparity in rental values across different areas. The implementation of the law is currently facing legal challenges, but it is expected that this increase will raise the average rent prices from 250 to 287.5 Egyptian pounds in economic zones, from 400 to 460 pounds in middle zones, and from 1000 to 1150 pounds in upscale districts.
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