Dubai to launch new smart rental index in January 2025
It aims to ‘foster trust and transparency’ in Dubai’s rental sector…
A new Smart Rental Index is set to launch in Dubai in January 2025, as announced by the Dubai Land Department (DLD). This innovative index will provide real-time insights into the rental market, offering a data-driven approach to track rental trends and help both tenants and landlords make informed decisions. The initiative aims to bring more transparency, stability, and fairness to the city’s rental market, enhancing the overall rental experience for all parties involved.
Created to “give stakeholders easy access to clear, straightforward info, building trust and fair real estate deals,” according to Gulf News, it’s aimed at boosting transparency for investors, landlords, and tenants alike.
With the Smart Rental Index, users will get real-time, accurate data on rental prices and availability throughout the city. By tapping into cutting-edge tech, it’s designed to boost confidence for both tenants and landlords in rental deals.
Leveraging cutting-edge technology to complement the DLD’s deep real estate expertise, the Smart Rental Index is an innovative service designed to cater to the needs of all stakeholders.
Real estate trends in 2025
The launch of the Smart Rental Index comes just ahead of a predicted year of ongoing growth in Dubai’s real estate market. Experts forecast a rise of up to 13% in the long-term rental sector, according to Arabian Business.
