Renew leases in Dubai without increase using AI

The Dubai Land Department has launched the Dubai Smart Rental Index 2025, marking a significant advancement in regulating and developing the emirate's real estate sector. This index leverages artificial intelligence (AI), big data, and blockchain technology to ensure accurate, transparent, and fair rental valuations, aligning with Dubai’s long-term vision for digital transformation.

Key Objectives:

1. Promote Transparency: The index offers real-time, reliable data, reducing ambiguity and promoting fairness in rental transactions.
2. Balance Interests: It aims to meet the needs of landlords, tenants, and investors by providing accurate assessments and helping tenants find affordable rental areas.
3. Decision Support: Provides updated data to assist stakeholders in making informed decisions.
4. Enhance Quality of Life: Contributes to a balanced rental market, improving the urban living experience.
5. Align with Dubai Vision 2040: Supports Dubai’s goal of becoming a leading global destination for real estate innovation.

How it Works:

The index uses AI to process vast amounts of real estate data, providing real-time, precise rental valuations. A sophisticated classification system considers factors like construction quality, location, and available services. Blockchain technology ensures security and trust between parties.

Rent Increase Regulation:

The index determines potential rent increases by analyzing contract data, area price averages, and property classification. Landlords must notify tenants at least 90 days in advance of a rent hike, and if the index shows the property qualifies, the increase will be applied upon renewal.

Accessing the Rent Index Calculator:

Users can access the Dubai Rent Index Calculator through the Ejari app or the Dubai Land Department website. The tool helps tenants and landlords calculate potential rent increases based on factors like property type, location, and current rental value, ensuring transparency in the process.

Future Expansions:

In the future, the index will expand to cover more sectors, including commercial, industrial, and free-zone properties. These additions aim to enhance market transparency and provide comprehensive insights into Dubai's real estate market.

By providing accurate and updated data, the Dubai Smart Rental Index is set to transform the rental market, ensuring fairness and fostering trust between landlords and tenants, ultimately contributing to a more efficient and transparent real estate environment.