News dalla rete ITA

3 Gennaio 2025

Emirati Arabi Uniti

DUBAI LAUNCHES 2025 RENTAL INDEX, BUILDING RATINGS TO RENT INCREASE

2025 Smart Rental Index , aiming to enhance transparency and fairness in the city's real estate market. The index uses advanced technology and an AI-driven building classification system to assess rental values ​​based on factors like structural characteristics, location, quality of finishes, and available services such as maintenance and parking. Accurate rental valuations, aligned with Dubai's Digital Strategy and Real Estate Sector Strategy 2033 Determining fair rental increases based on comparisons with market averages, ranging from 0% for rents below 10% of the market average, up to 20% for rents exceeding the market average by more than 40%Continuous updates to reflect market changes, with plans to expand into the commercial and industrial sectors.The launch follows a strong year in the real estate market, with 900,000 rental contracts in 2024, signaling growth and investor confidence. The index aims to create a balanced and sustainable environment , benefiting both tenants and landlords, reinforcing Dubai's position as a global investment hub.            (ICE DUBAI)


Fonte notizia: https://www.arabianbusiness.com/industries/real-estate/dubai-launches-2025-rental-index-building-rat