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Rera Rental Index Rent 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 for tenants. It provides guidelines to ensure fair rental increases based on property type and current market rates.

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 a landlord can charge based on the current rent and the RERA-approved increase percentage.

3. Importance of RERA Rent Calculation

Details: Accurate rent calculation is crucial for both landlords and tenants to ensure compliance with Dubai's rental laws and avoid disputes.

4. Using the Calculator

Tips: Enter current rent in AED and the RERA index rate as a percentage (e.g., 5 for 5%). The calculator will show the new maximum allowable rent.

5. Frequently Asked Questions (FAQ)

Q1: How often can landlords increase rent in Dubai?
A: Rent can only be increased after 12 months of tenancy and must follow RERA guidelines.

Q2: Where can I find the current RERA index rate?
A: The official RERA rental index is available on the Dubai Land Department website.

Q3: Are there exceptions to the RERA rent increase?
A: Yes, newly constructed properties or those with significantly lower rents than market rates may have different rules.

Q4: What if my landlord increases rent beyond RERA limits?
A: Tenants can dispute unlawful increases through the Rental Dispute Center (RDC).

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

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