Dubai RERA Formula:
From: | To: |
The Dubai RERA (Real Estate Regulatory Agency) rent increase calculator determines the maximum allowable rent increase for renewal of tenancy contracts in Dubai. The increase percentage is based on the RERA Rental Index which compares current rent to average market rates.
The calculator uses the RERA formula:
Where:
Explanation: The calculation determines the maximum allowable rent increase according to Dubai rental laws.
Details: Accurate rent increase calculation ensures compliance with Dubai rental laws and helps landlords and tenants understand their rights and obligations during lease renewals.
Tips: Enter current rent in AED and the applicable RERA index percentage. The calculator will show the maximum allowable increase and the new rent amount.
Q1: Where can I find the RERA index percentage?
A: The RERA index percentage can be found on the Dubai Land Department website or through the official RERA rent calculator.
Q2: How often can rent be increased?
A: Rent can only be increased at the time of lease renewal, not during the contract period.
Q3: Are there exceptions to the rent increase cap?
A: Yes, newly constructed properties may have different rules. Always check current regulations.
Q4: What if my rent is already below market average?
A: If your rent is significantly below market average, different increase percentages may apply.
Q5: How is the RERA index determined?
A: The index is based on comprehensive market surveys of similar properties in the same area.