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Rental Increase Calculator Rera

RERA Rent Increase Formula:

\[ \text{Rent Increase} = \min(\text{CPI} \times \text{Current Rent}, \text{RERA Cap} \times \text{Current Rent}) \]

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1. What is the RERA Rent Increase Calculation?

The RERA (Real Estate Regulatory Agency) rent increase calculation determines the maximum allowable rent increase in Dubai, based on the Consumer Price Index (CPI) and subject to a maximum cap set by RERA.

2. How Does the Calculator Work?

The calculator uses the RERA rent increase formula:

\[ \text{Rent Increase} = \min(\text{CPI} \times \text{Current Rent}, \text{RERA Cap} \times \text{Current Rent}) \]

Where:

Explanation: The rent increase is the lower of either the CPI-adjusted increase or the RERA cap percentage of the current rent.

3. Importance of Rent Increase Calculation

Details: Accurate rent increase calculation ensures compliance with Dubai rental laws, prevents disputes between landlords and tenants, and maintains fair market practices.

4. Using the Calculator

Tips: Enter the current CPI percentage, your current monthly rent in AED, and the applicable RERA cap percentage (default is 20%). All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What is the typical RERA cap percentage?
A: The standard RERA cap is 20%, but this may vary in special cases or for certain property types.

Q2: How often can rent be increased?
A: In Dubai, rent can typically be increased only once per year, at the time of lease renewal.

Q3: Where can I find the current CPI for Dubai?
A: The Dubai Statistics Center publishes official CPI figures regularly on their website.

Q4: Are there exceptions to the RERA rent cap?
A: Yes, newly constructed properties or properties with rents significantly below market rate may have different rules.

Q5: What if my landlord demands more than the calculated increase?
A: You can file a complaint with the Rental Dispute Settlement Center (RDSC) in Dubai.

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