Dubai: New Rent Revaluation Rules

UAE News developments

Dubai: New Rent Revaluation Rules

Gulf News (United Arab Emirates), 3 April 2024: Dubai’s Real Estate Regulatory Authority or RERA has announced new rent revaluation rules came into force on 1 April 2024.

While landlords can still apply to RERA for a rent revaluation if they believe they are entitled to a higher rent than the one suggested by the updated Rental Index, they must attach a legal order or judgment.

The Index was updated on 1 March 2024 and became the single source for calculating rental increases.

Landlords will have to go through the Rental Dispute Centre or RDC and apply for a case to obtain the legal order.

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Tanya Jain