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How Is the Percentage of a Rental Price Increase Determined?

The percentage of a rent increase is determined by comparing the current rent with the new proposed rent and calculating the difference as a percentage of the current amount. In Dubai, rent increases are regulated by the Dubai Land Department and RERA’s Rent Increase Calculator, which ensures that any rent adjustment follows specific guidelines.

The calculator takes into account the average rental rates in a specific area and compares the current rent to the market value. Based on the difference, a landlord may or may not be allowed to increase the rent by a certain percentage. The regulations protect tenants from unjustified increases and ensure that rent changes align with market conditions.

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Office 1403, Arenco Tower, Media City, Dubai, UAE

+971 58 517 9361

mail@insiderealty.ae

Inside Realty

Dubai real estate agency,
ready to help 24/7

Office 1403, Arenco Tower, Dubai

+971 58 517 9361

mail@insiderealty.ae

Inside Realty © 2024