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Rera Dubai Rent Index

Rent Increase Formula:

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

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1. What is the RERA Dubai Rent Index?

The RERA (Real Estate Regulatory Agency) Rent Index in Dubai determines the maximum allowable rent increase for existing tenants. It helps maintain fair rental practices in Dubai's real estate market.

2. How Does the Calculator Work?

The calculator uses the rent increase formula:

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

Where:

Explanation: The calculation determines the new maximum rent that can be charged based on RERA's approved increase percentage.

3. Importance of Rent Increase Calculation

Details: Accurate rent increase calculation ensures compliance with Dubai rental laws and prevents landlords from imposing excessive rent hikes.

4. Using the Calculator

Tips: Enter current rent in AED and the applicable RERA index rate percentage. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: How often can rent be increased in Dubai?
A: Rent can typically be increased only once per year, subject to RERA guidelines.

Q2: Where can I find the official RERA index rate?
A: The official rate can be checked on the Dubai RERA website or through the Dubai REST app.

Q3: Are there exceptions to the rent increase cap?
A: Yes, newly constructed properties or properties with significantly lower rents than market value may have different rules.

Q4: What if my rent is already below the RERA index?
A: Landlords cannot decrease your rent based on the index, only increase it up to the allowed percentage.

Q5: How is the RERA index rate determined?
A: The rate is based on the average rental value of similar properties in the same area.

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