Dubai Rental Index Formula:
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The Dubai Rental Index is an official guide used to determine the permissible rent increase for residential properties in Dubai. It helps maintain fair rental prices in the real estate market.
The calculator uses the Dubai Rental Index formula:
Where:
Explanation: The equation calculates the new maximum rent that can be charged based on the current rent and the allowed percentage increase according to Dubai's rental index.
Details: Accurate rent calculation is crucial for both landlords and tenants to ensure compliance with Dubai's rental laws and maintain fair rental prices in the market.
Tips: Enter current rent in AED and the Dubai rental index rate as a percentage. Both values must be positive numbers.
Q1: How often can rent be increased in Dubai?
A: Rent can typically be increased only after the completion of the rental contract term, usually annually, and only if the current rent is below market average.
Q2: Where can I find the official Dubai Rental Index rate?
A: The official rental index can be checked on the Dubai Land Department (DLD) website or through the RERA (Real Estate Regulatory Agency) smart app.
Q3: Are there exceptions to the rental increase cap?
A: Yes, newly constructed properties or properties that have undergone major renovations may be exempt for a certain period.
Q4: What if my landlord increases rent beyond the allowed percentage?
A: Tenants can file a complaint with the Rental Dispute Settlement Center (RDSC) in Dubai.
Q5: Does the rental index apply to all types of properties?
A: The index primarily applies to residential properties. Commercial properties may have different regulations.