Rent Calculation Formula:
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The Dubai Land Department's RERA Rent Index is an official reference that provides guidance on appropriate rental values for properties in different areas of Dubai. It helps maintain fair rental prices in the market.
The calculator uses the simple formula:
Where:
Explanation: The adjustment factor accounts for property-specific features like location, amenities, views, and current market conditions.
Details: Accurate rent calculation using the RERA index ensures compliance with Dubai rental laws, prevents disputes between landlords and tenants, and maintains market stability.
Tips: Enter the index rent from the official RERA index for your property type and area, then apply the appropriate adjustment factor based on your property's features.
Q1: Where can I find the RERA Rent Index?
A: The official index is available on the Dubai Land Department website or at RERA offices.
Q2: How is the adjustment factor determined?
A: The factor considers property features like location, view, amenities, and current market conditions.
Q3: Is this calculation legally binding?
A: The RERA index serves as a reference, but final rental agreements may consider additional factors.
Q4: How often is the RERA index updated?
A: The index is typically updated annually, but may be adjusted more frequently in volatile market conditions.
Q5: What if my actual rent differs significantly from the index?
A: Significant deviations should be justified by property-specific features or may be subject to review by RERA.