Dubai launches Smart Rental Index in January to enhance transparency in a booming rental market.

The Dubai Land Department will launch the Smart Rental Index in January 2025 to enhance transparency and trust in Dubai's real estate sector. The index will provide real-time data on rental prices and availability using advanced technologies. This move comes amid significant growth in Dubai's rental market, with prices rising by 18% year-on-year, marking 15 consecutive quarters of growth. The initiative aims to support sustainable development and improve services in the real estate sector.

3 months ago
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