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Dubai implements new Smart Rental Index, mandating 90-day notice for rent increases.
Dubai has launched a new Smart Rental Index, requiring landlords to give tenants 90 days' notice before raising rents upon contract renewal.
The index, effective since January 2025, uses factors like building classification and market trends to set fair rents, aimed at controlling inflation and providing transparency.
The system applies to contracts renewed this year, with over 900,000 residential leases registered in 2024, an 8% increase from the previous year.
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Dubai implementa un nuevo Smart Rental Index, con un aviso de 90 días para los aumentos de alquiler.