April 7, 2024

Updated Rera index in Dubai: When will tenants face higher rents?

Landlords in Dubai have begun raising rents upon renewal of their tenancy contracts following an update by the Real Estate Regulatory Authority (RERA) to its rental index, enabling property owners to align rents with market value. According to industry executives, numerous tenants in the emirate may not experience rent hikes until later this year or early next year, coinciding with the conclusion of...

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