The long-awaited updated RERA rental price index has been published, entitling tenants to up to a 50 percent discount on previously issued guidelines, Arabian Business can reveal.
The new index, which appears in the form a 'Rental Increase Calculator' on Dubai property watchdog RERA’s (Real Estate Regulatory Authority) website, allows tenants to negotiate significantly cheaper rents than the ones previously issued by the government body in January. Landlords use the index to set rents in Dubai.
"Dubai’s soon to be official April Rental Index"
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