light dark
close

4 criteria determine the rental value of real estate in Dubai

The rental index is advisory and non-binding when leasing new properties, and becomes binding in case of disputes between the contracting parties, in determining the percentage increase in rental value upon contract renewal. According to Law No. (33) of 2008 and its amendments, issued by the Real Estate Regulatory Agency ‘RERA’ in Dubai, the rental value is determined between the landlord and tenant based on 4 specific criteria, including: location, technical classification, provided services, and real estate market conditions. What are the rental increase criteria?

Strong demand for UAE seven-year sukuk

Discover the UAE’s groundbreaking issuance of its first seven-year Islamic Treasury Sukuk worth Dh550 million, attracting bids nearly six times its size. This move highlights strong investor confidence in the UAE’s Islamic finance sector and aims to deepen the dirham-denominated yield curve.