Dubai unveils smart rental index in January

Dubai Land Department (DLD) has launched its Smart Rental Index in January.

The new initiative aims to advance the real estate sector while fostering transparency, trust, and confidence among landlords, tenants and investors.

The Smart Rental Index will use cutting-edge technology and up-to-date data to regulate rental valuations and ensure balance in the market.

By offering integrated solutions, the index is designed to enhance transparency, providing clear, accurate information to all stakeholders and supporting informed decision-making.

Rental index aligns with Dubai’s Real Estate Sector Strategy 2033

The project aligns with Dubai’s broader digital strategy and the Dubai Real Estate Sector Strategy 2033.

It also reflects the government’s efforts to improve services, enhance quality of life, and achieve sustainable development in key economic sectors.

The initiative aims to streamline real estate transactions by offering up-to-date data and facilitating a fair, transparent rental market.

Through the Smart Rental Index, the Dubai Land Department seeks to position the city as a global model for technology-driven real estate solutions, contributing to the emirate’s ongoing push for innovation and excellence.

Read: Dubai reigns as the ultimate destination for luxury living