Using Dubai’s Smart Rental Index to Negotiate a Fair Rent In Dubai, rent increases are determined based on the average rent hike of similar properties in a designated area. According to Article 1 of Decree No. (43) of 2013, rent increases upon contract renewal must follow these guidelines: No increase if the current rent is up to 10% below the area’s average rental value. A 5% increase if rent...
Dubai’s Real Estate Market: Strong Momentum Continues into 2025 Dubai’s real estate market had a record-breaking year in 2024, achieving new milestones throughout the year. Despite concerns of a slowdown, developers remain optimistic about maintaining the same sales pace in 2025, driven by strong investor demand for projects in prime locations from reputed developers. While analysts note that...
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