RERA Rent Increase Formula:
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The RERA (Real Estate Regulatory Agency) Rent Calculator determines permissible rent increases in Dubai according to the RERA and Dubai Land Department index. It helps landlords and tenants calculate fair rent adjustments based on market conditions.
The calculator uses the RERA rent increase formula:
Where:
Explanation: The calculation applies the approved percentage increase to the current rent amount to determine the new maximum allowable rent.
Details: The RERA rent calculator ensures transparency and fairness in Dubai's rental market by preventing arbitrary rent increases and protecting both landlords and tenants.
Tips: Enter current rent in AED and the RERA index rate as a percentage. The calculator will show the new maximum allowable rent according to Dubai regulations.
Q1: Where can I find the official RERA index rate?
A: The current RERA index rate is published annually by the Dubai Land Department on their official website and through authorized channels.
Q2: How often can landlords increase rent in Dubai?
A: Rent can typically be increased only after the completion of the current lease term (usually annually) and must follow RERA guidelines.
Q3: Are there exceptions to the RERA rent increase cap?
A: Yes, newly constructed properties or properties that have undergone major renovations may be exempt for a certain period.
Q4: What if my rent is below market average?
A: The RERA calculator still applies the same percentage increase, regardless of how your current rent compares to market rates.
Q5: How can I dispute an unlawful rent increase?
A: Tenants can file a complaint with the Rental Dispute Center (RDC) if they believe a rent increase violates RERA regulations.