Can your landlord hike rent of your Dubai apartment? Check how to compute the rise

The Dubai Land Department (DLD) said on Sunday it is updating its rental index and initiating an awareness campaign for residents that aims to reduce rent disputes in the emirate.

The move is part of its efforts to facilitate the application of Decree No. 43, 2013, which relates to rental increases in Dubai.

“DLD is continuing in its efforts to develop mechanisms for the implementation of Decree No. 43 by updating its Rental Index database, which currently numbers more than 600,000 customers,” Mohammad Khalifa Bin Hammad, Senior Manager Real Estate Relations Management, Real Estate Regulatory Agency (Rera), said in a statement.

“This action and the spreading of awareness of the decree and its implications among tenants will help ensure a consistency with rental increases, which ultimately helps the stability of Dubai,” he added.

DLD Director General Sultan Butti bin Mejren told Emirates 24|7 last week that DLD’s rent index is updated and accurate.

Though no details were given of the new index features, we did report that it would be an extensive one that will take into account the view of a property unit and facilities offered in a tower.

Read: Dubai’s Rera to soon introduce new rental index

DLD states that the initiative is especially important as the emirate stands on the cusp of a new real estate boom following the announcement of its Expo 2020 win and the large numbers of visitors expected to come to the emirate.

The index calculator, available on the DLD website, is updated around every four months, with data collated from several sources, including lease statements recorded at the department, field surveys, follow-ups of billboards, newspapers and websites.

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