Rent Calculation Formula:
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The Dubai Land Department Rent Index provides benchmark rental values for different areas and property types in Dubai. It serves as a reference for determining appropriate rental increases and fair market values.
The calculator uses the simple formula:
Where:
Explanation: The adjustment factor accounts for property-specific characteristics that may justify rents above or below the index value.
Details: Accurate rent calculation helps landlords set competitive prices and ensures tenants pay fair market rates according to Dubai's rental regulations.
Tips: Enter the index rent value from the official Dubai Land Department index and an appropriate adjustment factor (typically between 0.8 and 1.2 for standard properties).
Q1: Where can I find the official index rent values?
A: The Dubai Land Department publishes updated rent index values annually on their official website and through their mobile app.
Q2: What factors affect the adjustment factor?
A: Property age, condition, view, amenities, proximity to landmarks, and market demand can all influence the adjustment factor.
Q3: How often is the rent index updated?
A: The index is typically updated annually, but interim adjustments may occur in response to significant market changes.
Q4: Is this calculator official?
A: This is a reference tool only. For official rent calculations, consult the Dubai Land Department directly.
Q5: What's the maximum rent increase allowed?
A: Dubai's Rental Increase Calculator determines maximum increases based on how far current rent is below the index value.