Using a licensed car wash facility or washing your car on private property is advisable to avoid penalties
life and living1 week ago
Rent fluctuations are common in Dubai. They rise and drop depending on market conditions and factors like supply and demand. So, how do you make sure you're not paying more than you should?
Come renewal time, tenants are likely to receive a notice of increase — after all, landlords have the right to hike rents every year. However, they cannot go beyond the rates indicated in the Dubai rental index.
This is where the online tool from the Dubai Land Department's (DLD) Real Estate Regulatory Agency (Rera) comes in.
Stay up to date with the latest news. Follow KT on WhatsApp Channels.
Called the Rera calculator, it tells you the justified rental increase and average rates in the real estate market — all in just a few clicks.
Here's a step-by-step guide:
You will need to enter some details from your tenancy contract so keep it ready.
Click on the 'Services' tab and then select 'Popular Services' or 'Informative'. Look for the 'Inquiry about the rental index' option that will take you to the calculator.
Once you click 'proceed' and 'access the service', you'll find a form to fill out. Enter details about your residence: Contract End Date, Property Type, Area, Number of Bedrooms, and Current Annual Rent.
Click on the 'calculate' button and the result will pop up. It will tell you average rent for a property in your area and the maximum percentage of rent hike. You may export this result as a PDF.
According to information available on the DLD website, here’s how the calculation works:
ALSO READ:
Using a licensed car wash facility or washing your car on private property is advisable to avoid penalties
life and living1 week ago
There are four major cinemas in the UAE — Reel Cinemas, VOX, Roxy and Novo — which show movies across the country
life and living2 weeks ago
A Tamm service will also help you find a venue, with details such as rentable space, venue facilities, capacity, location and other factors
life and living2 weeks ago
The authorities recognise community members' role in detecting and reducing crime as a vital part of security efforts
life and living2 weeks ago
It is prohibited to use facilities for commercial purposes or community events prior to obtaining approval
life and living2 weeks ago
As the weather gets better, many food and winter markets open up across the UAE where budding entrepreneurs can set up their stalls
life and living3 weeks ago
The uniquely shaped architectural wonder takes visitors through a spell-binding journey into the future and what it will be like in 2071
life and living3 weeks ago
Whether an NOC from the biological father is required in the case of a single woman sponsoring her child depends on certain circumstances
life and living3 weeks ago