Dubai property rent calculator: How to challenge ‘unfair’ price hikes – News
The increase and decrease in rents related to real estate is decided by the Dubai Real Estate Regulatory Agency based on a calculator it has developed and operates
Question: Can you explain how the Dubai Rental Index works? I received a notice of a rent increase which I consider unfair. What should I do next? How can I challenge it and how does it work after that?
Answer: In accordance with your questions, given that you reside in a rented apartment in Dubai, the provisions of Law No. 26 of 2007 regulating relations between landlords and tenants in the Emirate of Dubai (the “Dubai Tenancy Law”) ) and those of Law No. 26 33 of 2008 amending Law No. 26 of 2007 regulating relations between landlords and tenants in the Emirate of Dubai (the “Amended Dubai Tenancy Law”) are applicable.
The increase and decrease in rents related to real estate are decided by the Dubai Real Estate Regulatory Agency (Rera) based on a rent calculator that it has developed and operates.
Section 10 of the Dubai Rental Law states: “Rera shall have the power to establish criteria relating to the percentage of rent increase in the emirate in accordance with the requirements of the prevailing economic situation in the emirate. “
Based on the aforementioned legal provision, you can check the rental value of your apartment through the Rera rent calculator on the Dubai Land Department website.
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If you find that the rent for a similar apartment in your residential area does not match what was offered to you, you can contact your landlord or the real estate agent and let them know.
If the landlord or real estate agent disagrees, you can go to the Rental Dispute Center (RDC) Dubai and file a complaint. Based on your complaint, the RDC may summon your landlord and/or the real estate company to set the rent for your apartment, which will be payable when the lease is renewed. This is in accordance with Section 13 of the Amended Dubai Tenancy Act, which states: “For the purpose of renewing a tenancy agreement, the landlord and the tenant may, before the expiry of the tenancy agreement, amend one of its conditions and reconsider the increase or reduce the rent. Failing agreement between the Lessor and the Tenant in this regard, the Court may determine the fair Rent taking into account the criteria provided for in Article 9 of this law.”