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Rent Increase Calculator Dubai

RERA Rent Increase Formula:

\[ \text{New Rent} = \text{Current Rent} \times (1 + \text{RERA Index Rate}) \]

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1. What is the RERA Rent Increase Calculator?

The RERA (Real Estate Regulatory Agency) Rent Increase Calculator determines the maximum allowable rent increase in Dubai based on the RERA Rental Index. This ensures landlords don't increase rents beyond legally permitted limits.

2. How Does the Calculator Work?

The calculator uses the RERA rent increase formula:

\[ \text{New Rent} = \text{Current Rent} \times (1 + \text{RERA Index Rate}) \]

Where:

Explanation: The RERA index categorizes properties and determines the maximum percentage by which rent can be increased when renewing a contract.

3. Importance of RERA Rent Cap

Details: The RERA rent cap protects tenants from excessive rent increases and ensures fair pricing in Dubai's rental market. Landlords must adhere to these limits when renewing tenancy contracts.

4. Using the Calculator

Tips: Enter your current annual rent in AED and the applicable RERA index rate (percentage). The calculator will show the maximum new rent your landlord can charge.

5. Frequently Asked Questions (FAQ)

Q1: How is the RERA index rate determined?
A: The rate depends on how your current rent compares to average rents for similar properties in the same area.

Q2: What if my landlord tries to increase beyond RERA limits?
A: You can file a complaint with RERA. Landlords cannot legally exceed the capped increase.

Q3: When does the rent increase apply?
A: Only at contract renewal, not during the tenancy period.

Q4: Are there exceptions to RERA rent cap?
A: Newly constructed properties may be exempt for the first year. Always check with RERA for specific cases.

Q5: Where can I find the official RERA index rate?
A: Visit the official Dubai REST (Real Estate Self Transaction) website or the RERA office.

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