Renting · Business Bay

RERA Rent Index & Increases in Business Bay

How the RERA rental index caps increases in Business Bay, with the current bands.

Price per sqft

AED 2,100 per sqft

1-bed rent

AED 95,000/yr

Gross yield

7–8%

Short-let occupancy

78%

How the cap works

If your current Business Bay rent is 11–20% below market, the landlord may raise it 5%; 21–30% below allows 10%; 31–40% allows 15%; more than 40% below allows 20%. Within 10% of market, no increase is permitted.

Checking your position

The Dubai REST app's rental index gives the official market figure for your building. With one-beds in Business Bay around AED 95,000, that is the number your increase is measured against.

Business Bay at a glance

Business Bay is the canal-side business district minutes from Downtown and DIFC. Buying sits at AED 2,100 per sqft — roughly AED 1,638,000 for a standard one-bedroom — while long-term tenants pay about AED 95,000 a year. Hosted as a licensed holiday home, the same unit averages AED 547 a night at 78% occupancy, around AED 155,731 gross. Owners on our managed programme average AED 214,909 — a 38% uplift.

Frequently asked questions

Can my landlord evict me to raise rent?

Only on specific legal grounds — sale, personal use or major renovation — with 12 months' notarised notice.

What notice is required for an increase?

90 days before the renewal date, in writing.