The new Old Rent Law establishes a structured legal framework to regulate rental values for residential units subject to the old rent system, based on classifying areas into premium, middle, and economic categories.
Under the law, rental values are recalculated according to area classification, with differentiated adjustment mechanisms that ensure fairness while considering social and economic factors. Interim rental values are applied until classification committees finalize their assessments, after which any differences are settled through flexible payment arrangements.
This regulatory update aims to restore balance to the old rent market by introducing clear standards governing landlord–tenant relationships, contributing to greater market stability and legal clarity.
CONCEPT IMD Perspective
From CONCEPT IMD’s perspective, the new Old Rent Law represents a critical regulatory milestone in correcting long-standing distortions within Egypt’s rental market.
The company believes that linking rental values to area classification enhances transparency, supports investment confidence, and establishes a more sustainable framework that balances property rights with social considerations—ultimately strengthening the real estate sector’s long-term stability.