draft Rent Law
Under the proposed legislation, residential leases under the old rent system will expire after a seven-year transitional period. During this time, rents will increase gradually, with set minimums depending on the property's location: EGP 250 per unit in economic areas, EGP 400 in middle-income areas, and EGP 1,000 in upscale districts, with an annual increase rate of 15%.
