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Dubai Real Estate Rental Calculator

Rental Calculation Formula:

\[ Rent = Index\ Rent \times Adjustment\ Factor \]

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1. What is the Dubai Rental Calculation?

The Dubai rental calculation uses the RERA (Real Estate Regulatory Agency) index rent multiplied by an adjustment factor to determine the appropriate rent for a property. This helps maintain fair rental prices in Dubai's real estate market.

2. How Does the Calculator Work?

The calculator uses the rental formula:

\[ Rent = Index\ Rent \times Adjustment\ Factor \]

Where:

Explanation: The RERA index provides baseline rental values for different areas and property types, while the adjustment factor accounts for property-specific features like views, renovations, or amenities.

3. Importance of Rental Calculation

Details: Accurate rental calculation ensures compliance with Dubai's rental laws, prevents excessive rent increases, and helps maintain a balanced rental market between landlords and tenants.

4. Using the Calculator

Tips: Enter the RERA index rent in AED/month and the appropriate adjustment factor (typically between 0.8 and 1.2). The default adjustment factor is 1.0 for properties matching the standard RERA index specifications.

5. Frequently Asked Questions (FAQ)

Q1: Where can I find the RERA index rent?
A: The RERA index is available on the Dubai Land Department website or through the Dubai REST app.

Q2: What factors affect the adjustment factor?
A: Factors include property condition, views, floor level, renovations, amenities, and current market conditions.

Q3: How often is the RERA index updated?
A: The index is typically updated annually, but may be adjusted more frequently in response to market changes.

Q4: Is this calculation mandatory for all rentals?
A: Yes, all rental agreements in Dubai should be based on the RERA index with appropriate adjustments.

Q5: What if my calculated rent differs from market prices?
A: Significant deviations should be justified with proper documentation of property features that warrant the adjustment.

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