How does the Dubai RERA Index account for apartment size and furnishings?

Dear Questioner,

According to UAE law, the Dubai RERA Index is based on the standard number of rooms in an apartment, regardless of its size or whether it is furnished or not.

This means that the number of rooms, such as bedrooms and living rooms, is the main factor in determining the index value.

The size of the apartment and whether it is furnished or not may affect the overall value of the property, but it does not impact the RERA Index.

Dear Questioner,

The RERA Rent Index provides benchmarks based on the number of rooms in an apartment.

It categorizes properties into different segments (e.g., studio, 1-bedroom, 2-bedroom) to determine typical rental values.

The overall size of the apartment (measured in square feet or square meters) can affect its rental value. Larger apartments generally command higher rents.

While the RERA Rent Index provides a base value, larger apartments or those with additional amenities may justify a higher rent.

You should adjust the base figure based on the actual size of the property.

Thank you for your inquiry regarding the Dubai RERA Index!

The RERA Index primarily provides guidelines based on the number of rooms, but it does not directly account for factors like the size of the apartment or whether it is furnished. However, these elements can significantly impact the valuation or rental expectations.

To accurately factor in the size and furnishing of an apartment, a more detailed analysis would be necessary. This often involves comparing similar properties and considering additional market factors.

I recommend scheduling a consultation so we can delve into the specifics of your property and determine the best approach for your situation.

Please feel free to reach out to me directly via WhatsApp or phone at [--------], or email me at [--------] to discuss further.

Best regards,

Suhail Rana