Dubai’s newly introduced smart rental index is set to bring significant changes to the city’s rental market, ensuring fairness and transparency for both landlords and tenants.

Key Changes:

• Older buildings with outdated facilities may see rent reductions, as landlords must renovate before increasing rates.

• New buildings with top-tier amenities could experience rent hikes of up to 15%, aligning with market trends.

• The index considers multiple factors, including building classification, rental history, and location, to determine fair rental values.

Industry experts highlight that this system will prevent unfair rent hikes, encourage property upgrades, and provide more accurate rental valuations. While tenants benefit from a fair pricing structure, landlords with premium properties stand to gain from justified rent increases.