CNN Arabic
CNN Arabic
Ready to play
Ready to play
Egypt has begun implementing an annual increase of 15% on the rental value of residential and commercial units subject to the old rent law, starting from September 1, 2026. This comes one year after the issuance of Law No. 164 of 2025, which reorganized the landlord-tenant relationship and permitted periodic determination of rental values during a transitional period of seven years for residential units and five years for commercial properties. The law includes the classification of areas into three categories (luxurious, medium, economic) and sets minimum limits for rental values, with gradual increases applied according to the area's classification. This aims to reduce disputes and balance the rights of landlords and tenants. The cost of the increase begins in September 2026, and is calculated based on the new rental value. Landlords may legally collect the increases in case of non-payment, improving the regulation of the relationship and reducing conflicts between the two parties.
Notice: This Is an AI-Generated Summary
Comments (0)