RERA Rent Equation:
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The RERA (Real Estate Regulatory Agency) Rent Index in Dubai provides standardized rental values for properties based on location, type, and size. It helps determine fair rental increases and prevents arbitrary rent hikes by landlords.
The calculator uses the RERA rent equation:
Where:
Explanation: The equation calculates the actual rent by adjusting the base RERA index rent with property-specific factors like amenities, views, or condition.
Details: Accurate rent calculation ensures compliance with Dubai rental laws, prevents disputes between landlords and tenants, and maintains fair market values.
Tips: Enter the RERA index rent in AED/month and the appropriate adjustment factor (typically between 0.8 and 1.2). All values must be positive numbers.
Q1: Where can I find the RERA index rent for my property?
A: The official RERA rental index is available on the Dubai Land Department website or through the Dubai REST app.
Q2: What determines the adjustment factor?
A: Factors include property condition, views, amenities, floor level, and special features. RERA provides guidelines for appropriate adjustments.
Q3: How often is the RERA index updated?
A: The index is typically updated annually, but may be revised more frequently in volatile market conditions.
Q4: Can landlords increase rent beyond RERA guidelines?
A: Rent increases are capped based on how much the current rent differs from the RERA index value, with maximum increases ranging from 5% to 20%.
Q5: What if my actual rent differs significantly from the calculated rent?
A: You can file a dispute with RERA's Rental Dispute Center for official mediation and resolution.