RERA Rent Increase Formula:
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The RERA Rent Increase Calculator helps landlords and tenants determine the maximum permissible rent increase in Dubai based on the RERA (Real Estate Regulatory Agency) Rental Index.
The calculator uses the RERA rent increase formula:
Where:
Explanation: The equation calculates the new maximum rent by applying the RERA-approved percentage increase to the current rent.
Details: The RERA index ensures fair rent increases in Dubai's real estate market, protecting both tenants from excessive hikes and landlords' rights to reasonable returns.
Tips: Enter current rent in AED and the applicable RERA index rate in percentage. The calculator will show the new maximum permissible rent.
Q1: How often can rent be increased in Dubai?
A: Rent can only be increased after at least 12 months from the last increase or lease start date.
Q2: Where can I find the official RERA index rate?
A: The rate is published annually by Dubai RERA and can be checked on their official website or Dubai Land Department portal.
Q3: What if my current rent is below market average?
A: The RERA index provides different increase percentages based on how your current rent compares to similar properties.
Q4: Can landlords increase rent beyond RERA limits?
A: No, RERA limits are legally binding. Any increase beyond these limits can be challenged at RDC (Rental Dispute Center).
Q5: When should I use this calculator?
A: Use it when your lease is up for renewal to understand the maximum permissible rent increase according to Dubai law.