In a move to boost transparency and innovation in the real estate sector, the Dubai Land Department (DLD) will launch the new Smart Rental Index in January 2025. This initiative aims to advance the real estate market while promoting transparency, trust, and confidence among landlords, tenants, and investors.
The Smart Rental Index builds on DLD’s ongoing efforts to enhance market efficiency. Following the launch of the Residential Rental Performance Index (RRPI) in 2022 and its update in 2024—allowing rent increases of up to 15% in some areas—the new index will use real-time data and advanced technology to provide integrated solutions for a balanced and transparent market.
This system combines cutting-edge technologies with real estate expertise, ensuring exceptional service tailored to the needs of all market stakeholders. It aligns with Dubai’s visionary leadership to enhance technological integration, improve service quality, and support sustainable development across economic sectors.
Key objectives of the Smart Rental Index
The Smart Rental Index is designed to:
Enhance transparency by providing accurate, up-to-date data for informed decision-making.
Foster trust among landlords, tenants, and investors through accessible and reliable information.
Promote balance and fairness in real estate transactions, supporting a sustainable and robust market.
With this advanced tool, DLD continues to lead in technological innovation, shaping a future-ready real estate sector.
