1. What is the Rent Index?

The Rent Index is a calculation based on the area average rent and the Dubai Land Department (DLD) rent value. It provides a balanced view of rental prices in a specific area.

2. How Does the Calculator Work?

The calculator uses the following formula:

Where:

• Area Average Rent — Current market rent for similar properties in the area (AED)
• DLD Rent — Official rent value from Dubai Land Department (AED)

Explanation: The equation calculates the average between the market rent and the DLD rent to determine a balanced rent index value.

3. Importance of Rent Index Calculation

Details: The Rent Index helps tenants and landlords understand fair rental prices, assists in rent dispute resolution, and provides a benchmark for rental agreements.

4. Using the Calculator

Tips: Enter both the area average rent and DLD rent values in AED. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: Where can I find the DLD rent value?
A: The DLD rent value can be obtained from the Dubai Land Department's official website or their mobile app.

Q2: How often should the Rent Index be calculated?
A: It's recommended to calculate the Rent Index whenever reviewing rental agreements or during rent renewal periods.

Q3: What is considered a good Rent Index value?
A: A good value depends on the specific area and property type. Compare with similar properties in the same community.

Q4: Can the Rent Index be used for rent increase justification?
A: Yes, the Rent Index can serve as one of the factors when determining reasonable rent increases.

Q5: Does the Rent Index apply to all types of properties?
A: The Rent Index is typically used for residential properties, but similar principles can be applied to commercial properties.