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Rera Rental Index Increase Calculator

RERA Rent Increase Formula:

\[ \text{New Rent} = \text{Current Rent} \times (1 + \text{RERA Index Rate}) \]

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1. What is the RERA Rental Index?

The RERA (Real Estate Regulatory Agency) Rental Index in Dubai determines the maximum allowable rent increase that landlords can apply when renewing tenancy contracts. It helps maintain fair rental prices in the market.

2. How Does the Calculator Work?

The calculator uses the RERA rent increase formula:

\[ \text{New Rent} = \text{Current Rent} \times (1 + \text{RERA Index Rate}) \]

Where:

Explanation: The equation calculates the new maximum rent by applying the permitted percentage increase to the current rent.

3. Importance of RERA Rent Calculation

Details: Calculating the correct rent increase helps tenants understand their rights and ensures landlords comply with Dubai's rental laws, preventing disputes.

4. Using the Calculator

Tips: Enter your current annual rent in AED and the applicable RERA index rate percentage. The calculator will show the new maximum allowable rent.

5. Frequently Asked Questions (FAQ)

Q1: Where can I find the current RERA index rate?
A: The RERA index rates are published on the Dubai Land Department website and vary by property type and location.

Q2: How often can landlords increase rent?
A: Rent can only be increased at contract renewal, not during the tenancy period, and only if the current rent is below market average.

Q3: What if my rent is already above market average?
A: If your current rent is above the average for similar properties, the landlord cannot increase it further.

Q4: Can landlords increase rent by more than the RERA index?
A: No, the RERA index sets the maximum allowable increase. Any higher increase can be disputed through RERA.

Q5: Does this apply to all types of rental properties?
A: The RERA rental index applies to residential properties in Dubai. Commercial properties have different regulations.

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