RERA Rental Increase Formula:
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The RERA Rental Calculator determines the permissible rent increase for properties in Dubai based on the RERA (Real Estate Regulatory Agency) rental index. It helps landlords and tenants calculate fair rent adjustments according to Dubai's regulations.
The calculator uses the RERA rental increase formula:
Where:
Explanation: The formula calculates the new maximum rent by applying the RERA-approved percentage increase to the current rent.
Details: Accurate rent increase calculation is crucial for compliance with Dubai's rental laws, preventing disputes between landlords and tenants, and ensuring fair market practices.
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 RERA guidelines.
Q1: Where can I find the RERA index rate for my property?
A: The RERA index rate can be found on the Dubai Land Department website or through the RERA rental index calculator.
Q2: How often can landlords increase rent in Dubai?
A: Rent can only be increased after 12 months from the last increase or lease start date, and only if the increase is justified by the RERA index.
Q3: Are there limits to rent increases?
A: Yes, RERA sets maximum increase percentages based on how much the current rent compares to average market rents for similar properties.
Q4: What if my property isn't listed in the RERA index?
A: For unlisted properties, the rent increase is capped at 20% of the current rent, regardless of market conditions.
Q5: Can tenants dispute unfair rent increases?
A: Yes, tenants can file a complaint with RERA's Rental Dispute Center if they believe a rent increase exceeds permitted limits.