The Dubai Land Department (DLD) has announced the launch of its Smart Rental Index, set to debut in January 2025.
This innovative initiative marks a step in enhancing transparency, trust, and confidence within Dubai’s real estate market while leveraging advanced technology to support landlords, tenants, and investors.
The Smart Rental Index introduces a system for regulating and developing the emirate’s real estate sector, particularly in rental valuations.
Built on accurate and up-to-date data, the index integrates advanced technologies with real estate expertise to provide solutions that promote balance and transparency across the market.
The initiative aligns with the city’s visionary leadership’s efforts to integrate technology into improving services, enhancing quality of life, and driving sustainable economic development.
The new index is designed to achieve several strategic goals, with transparency being a key focus. By offering precise and current, the index allows stakeholders, including investors, landlords, and tenants, to make informed decisions.
Access to clear and reliable information will foster trust and ensure balance in real estate transactions.
The Smart Rental Index also reinforces DLD’s vision of establishing the city as a global model for technology-driven real estate solutions.
It is aligned with the Dubai Digital Strategy, the Dubai Real Estate Sector Strategy 2033, and the emirate’s broader vision for sustainability and excellence in the sector.