In a move to boost transparency and innovation in its real estate sector, Dubai Land Department (DLD) will launch the new Smart Rental Index in January 2025.
This initiative aims to advance the real estate sector while promoting transparency, trust, and confidence among landlords, tenants, and investors.
The new index marks a significant shift in the regulation and development of Dubai’s real estate market, particularly in rental valuations.
By using real-time data and advanced technology, the Smart Rental Index provides integrated solutions for a balanced and transparent market.
By combining cutting-edge technologies with real estate expertise, this system ensures exceptional service tailored to the needs of all market stakeholders.
The initiative aligns with Dubai’s visionary leadership to enhance technological integration, improve service quality, and support sustainable development across economic sectors.
Key objectives
The Smart Rental Index is designed to enhance transparency in the real estate market by offering accurate, up-to-date data that aids decision-making for investors,landlords, and tenants.
The index serves as an innovative tool that provides clear information to all parties involved, fostering trust and promoting balance in real estate transactions.
Source: gulfnews