Dubai Land Department's rent assessment services help resolve disputes between landlords and renters

Dubai Land Department's rent assessment services help resolve disputes between landlords and renters

The Dubai Land Department's rent assessment service is quickly becoming recognized as necessary to resolve any disputes during lease negotiations between landlords and tenants. Market sources claim that the assessment has been completed within a few days and is now being taken as a final decision by all parties involved in lease negotiations.

 

The price range is very high, starting from 2,000 dirhams and reaching 10,000 dirhams. The price includes all types of rental properties, including shops and office buildings. However, this service is most often used in residential premises.

 

Valuation services are used by landlords who believe that the existing rent for their apartments or villas is significantly lower. The same applies to tenants who believe that their landlords' rate increases are excessive for the area or building in question.

 

For landlords who believe that the Dubai Rent Index does not accurately reflect the changes that have occurred in the market over the past two years, the Land Department's valuation service has also proved useful. They claim that the index's indicators are still fluctuating around the 2018-19 indicators.

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