{"id":32699,"date":"2016-11-02T21:49:24","date_gmt":"2016-11-02T14:49:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=32699"},"modified":"2016-11-02T19:02:30","modified_gmt":"2016-11-02T12:02:30","slug":"dubai-to-update-property-rental-index-this-month","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-to-update-property-rental-index-this-month\/","title":{"rendered":"Dubai to update property rental index this month"},"content":{"rendered":"


\nThe Dubai Land Department is planning to update its rental index this month, according to Mohammed Yahya, the deputy executive director of the rental affairs sector at the department.The planned update will reflect the real rental values of all types of rental units in the different areas that are registered at the Real Estate Regulatory Authority (Rera) through the Ejari system, Mr Yahya told The National’s Arabic-language sister newspaper Aletihad.Rent increases in the emirate of Dubai are allowed in the following cases: a 10 per cent increase if the rent is 21 to 30 per cent less than the average rent for similar properties, and a 15 per cent increase if the rent is 31 to 40 per cent less than the average standard rent for similar properties and a 20 per cent increase if the rent is 40 per cent less than the average rent for similar properties.The index is used as a reference in case a dispute arises between tenant and landlord over rental values.business@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Dubai to update property rental index this month<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Dubai Land Department is planning to update its rental index this month, according to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-32699","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-8vp","jetpack-related-posts":[{"id":32687,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-agent-demands-20-per-cent-commission-on-dubai-marina-apartment\/","url_meta":{"origin":32699,"position":0},"title":"Property agent demands 20 per cent commission on Dubai Marina apartment","date":"November 2, 2016","format":false,"excerpt":"\r We have a sea view apartment in Dubai Marina which is being handled by a Dubai rental agent who now wishes to increase their rental commission from 15 per cent to 20 per cent. The apartment is let out on a short-term basis to business professionals at Dh14,000 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32881,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mario-volpi-property-agent-demands-20-per-cent-commission-on-dubai-marina-apartment\/","url_meta":{"origin":32699,"position":1},"title":"Mario Volpi: Property agent demands 20 per cent commission on Dubai Marina apartment","date":"November 2, 2016","format":false,"excerpt":"\r We have a sea view apartment in Dubai Marina which is being handled by a Dubai rental agent who now wishes to increase their rental commission from 15 per cent to 20 per cent. The apartment is let out on a short-term basis to business professionals at Dh14,000 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23097,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emirates-reit-rising-rent-income-defies-slow-commercial-market\/","url_meta":{"origin":32699,"position":2},"title":"Emirates Reit rising rent income defies slow commercial market","date":"August 16, 2016","format":false,"excerpt":"\r Rental income from the \u00adDubai offices, shops and schools owned by Emirates Reit jumped by more than 25 per cent in the second quarter of the year as occupancy levels rose despite a slowing commercial property market.The UAE's only quoted real estate investment trust reported that the income it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43955,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/falling-dubai-housing-rents-to-come-under-further-pressure-this-year\/","url_meta":{"origin":32699,"position":3},"title":"Falling Dubai housing rents to come under further pressure this year","date":"February 13, 2017","format":false,"excerpt":"\r Housing rents in Dubai fell during the final quarter of 2016 and look set to come under further pressure this year.According to property broker Asteco, average apartment rents in Dubai fell by 5 per cent in the final three months and ended the year an average of 6 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7756,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-increases-rent-in-shopping-spaces-including-the-dubai-mall\/","url_meta":{"origin":32699,"position":4},"title":"Emaar increases rent in shopping spaces including The Dubai Mall","date":"March 13, 2016","format":false,"excerpt":"\r \r One of Dubai's biggest landlords of shopping space has increased rents for retailers already tackling a slowdown in economic activity in the emirate. Emaar Malls, 84 per cent owned by parent Emaar, has raised rents at its properties, which include \"trophy asset\" The Dubai Mall, by 14 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7758,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-increases-retail-rent-in-shopping-spaces-including-the-dubai-mall\/","url_meta":{"origin":32699,"position":5},"title":"Emaar increases retail rent in shopping spaces including The Dubai Mall","date":"March 13, 2016","format":false,"excerpt":"\r \r One of Dubai's biggest landlords of shopping space has increased rents for retailers already tackling a slowdown in economic activity in the emirate. Emaar Malls, 84 per cent owned by parent Emaar, has raised rents at its properties, which include \"trophy asset\" The Dubai Mall, by 14 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/32699"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=32699"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/32699\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=32699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=32699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=32699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}