Dubai: Rera Rental Index or Rental Valuation Certificate

Dubai: Rera Rental Index or Rental Valuation Certificate

Dubai: How much can a landlord increase the rent by? This is perhaps a question most often asked by tenants in Dubai. But it may also be a concern for property owners, if they believe that a property’s rent should be higher than what is being charged. This is why Dubai Land Department (DLD) and its Real Estate Regulatory Agency (RERA) have developed tools like the Dubai Rental Index and the Rental Valuation Certificate, to help both parties – the tenant and landlord – determine what a property’s rent should be. However, which of these services would take precedence in determining the final rent of a property? First let’s take look at what exactly these services are. To make renting easier for tenants in Dubai, the Dubai Land Department has an online Rental Index, which has a rent increase calculator. This service gives tenants a clear idea on the rent increase they can expect if their contract is up for renewal. You can access the Rental Index on DLD’s website – dld.gov.ae, to receive information on the current rent increase guidelines in Dubai, the current rents in your locality for your type of unit (one bedroom, studio, villa etc.); and