1. What is the RERA Rental Index?

The RERA (Real Estate Regulatory Authority) Rental Index provides standardized rental values for properties in different areas. It helps landlords and tenants determine fair market rents and settle rental disputes.

2. How Does the Calculator Work?

The calculator uses the RERA rental equation:

Where:

• \( Index\ Rent \) — Base rent amount from RERA index (AED/month)
• \( Adjustment\ Factor \) — Multiplier accounting for property features, location premium, etc. (unitless)

Explanation: The equation calculates the actual rent by adjusting the base index rent according to property-specific factors.

3. Importance of Rental Index Calculation

Details: Using the RERA index ensures fair and transparent rental pricing, prevents arbitrary rent increases, and provides a reference point for rental negotiations and disputes.

4. Using the Calculator

Tips: Enter the base rent from RERA 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 rental index values?
A: The official RERA rental index is available on the Dubai RERA website or through their mobile app.

Q2: What determines the adjustment factor?
A: Factors include property condition, amenities, view, floor level, proximity to landmarks, and market conditions.

Q3: How often is the RERA index updated?
A: Typically annually, but may be updated more frequently in volatile market conditions.

Q4: Is this calculation legally binding?
A: The RERA index serves as an official reference, but final rent may be negotiated between parties within legal limits.

Q5: What if my actual rent differs significantly?
A: Large discrepancies may warrant property reassessment or could indicate an incorrectly applied adjustment factor.