The Emirate's real estate authority has announced the launch of a new 'Smart Rental Index' in Dubai in January 2025. The new index will control and enhance Dubai's real estate market, "particularly in rental valuation".
The regulator stated that the new index will provide accurate and up-to-date information to all stakeholders, including investors, landlords, and tenants.
The index serves as a benchmark for tenants, landlords, and property brokerage firms throughout the emirate to analyze and compute new rentals and renewals. These rates also play an important role in tenant-landlord disputes.
