Dubai launches an all-new smart rental index next January

In a qualitative step that confirms Dubai’s commitment to leadership in the fields of technology and innovation, the Dubai Land Department intends to launch a completely new smart rental index next January, with the aim of developing the real estate sector and enhancing trust and transparency among landlords, tenants and investors.

The new index represents an exceptional shift in the organization and development of the real estate sector in the emirate and how to evaluate rents, as it relies on accurate and updated data and advanced techniques to provide integrated solutions that contribute to achieving balance and transparency in the real estate market.

This project comes as an integrated system that combines the latest technologies and accumulated real estate expertise, ensuring the provision of a distinguished service that meets the needs of all parties in the real estate market in line with the vision of the wise leadership, which seeks to enhance the role of technology in improving services and quality of life and achieving sustainable development in various economic sectors.

Strategic objectives for the new index

The Smart Rent Index seeks to achieve a set of strategic objectives, the most important of which is enhancing transparency in the real estate market by providing accurate and updated data that supports real estate decisions for investors, owners and tenants with an innovative tool, to enable all parties to access clear information that enhances confidence and achieves balance in real estate transactions.

This initiative reflects the vision of the Dubai Land Department to transform the emirate into a global model for using technology to serve the real estate sector, in line with the Dubai Digital Strategy, the Dubai Real Estate Sector Strategy 2033, and the emirate’s future vision for achieving sustainability and excellence.

Dubai Land Department invites all interested investors, owners and tenants to follow the developments about this ambitious project, all the details and benefits it offers will be revealed during the official launch soon.