RERA Rent Increase Formula:
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The RERA (Real Estate Regulatory Agency) Rent Calculator determines the maximum allowable rent increase in Dubai based on the RERA rental index. It helps landlords and tenants calculate fair rent adjustments according to Dubai's rental laws.
The calculator uses the RERA rent increase formula:
Where:
Explanation: The calculation applies the RERA-approved percentage increase to the current rent to determine the new maximum allowable rent.
Details: The RERA rent calculator ensures compliance with Dubai's rental laws, prevents arbitrary rent increases, and maintains fair rental market practices.
Tips: Enter current rent in AED and the RERA index rate as a percentage (e.g., 5 for 5%). Both values must be positive numbers.
Q1: Where can I find the RERA index rate?
A: The rate is published annually by Dubai's Real Estate Regulatory Agency and varies by property type and location.
Q2: How often can rent be increased?
A: In Dubai, rent can typically be increased only after 12 months of tenancy and according to RERA guidelines.
Q3: What if my rent is below market average?
A: Special rules may apply for properties where current rent is significantly below market rates. Check RERA's rent increase calculator for specific cases.
Q4: Can landlords increase rent more than RERA allows?
A: No, RERA's rental increase cap is legally binding. Any increase beyond this requires mutual agreement between landlord and tenant.
Q5: What should I do if I disagree with a rent increase?
A: You can file a complaint with RERA's Rental Dispute Center for mediation and resolution.