1. What is the RERA Rental Index?

The RERA (Real Estate Regulatory Agency) Rental Index is an official guide by the Dubai government that determines appropriate rental values for properties in different areas of Dubai. It helps maintain fair rental prices in the real estate market.

2. How Does the Calculator Work?

The calculator uses the RERA rental formula:

Where:

• \( Index\ Rent \) — Base rent amount as per RERA index (AED/month)
• \( Adjustment\ Factor \) — Multiplier based on property features and market conditions (unitless)

Explanation: The equation accounts for the base rental value from RERA's index adjusted by specific property factors.

3. Importance of RERA Index Calculation

Details: Accurate rent calculation is crucial for both landlords and tenants to ensure compliance with Dubai's rental laws and maintain fair market practices.

4. Using the Calculator

Tips: Enter the index rent from RERA's official index in AED/month and the appropriate adjustment factor. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: Where can I find the RERA index rent value?
A: The official RERA index is available on the Dubai Land Department website or through the RERA mobile app.

Q2: What determines the adjustment factor?
A: The adjustment factor considers property features like location, amenities, age of property, and current market conditions.

Q3: How often is the RERA index updated?
A: The RERA rental index is typically updated annually, but may be adjusted more frequently in response to market changes.

Q4: Is this calculator official?
A: This is a simulation tool. For official rent calculations, always refer to the Dubai RERA office or their official channels.

Q5: What if my actual rent differs from the RERA calculation?
A: Significant deviations should be discussed with RERA's rental dispute committee for resolution.