Renting · Palm Jumeirah

RERA Rent Index & Increases in Palm Jumeirah

How the RERA rental index caps increases in Palm Jumeirah, with the current bands.

Price per sqft

AED 3,800 per sqft

1-bed rent

AED 190,000/yr

Gross yield

5–6%

Short-let occupancy

86%

How the cap works

If your current Palm Jumeirah 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 Palm Jumeirah around AED 190,000, that is the number your increase is measured against.

Palm Jumeirah at a glance

Palm Jumeirah is Dubai's ultra-prime beachfront address of branded residences and signature villas. Buying sits at AED 3,800 per sqft — roughly AED 2,964,000 for a standard one-bedroom — while long-term tenants pay about AED 190,000 a year. Hosted as a licensed holiday home, the same unit averages AED 1,093 a night at 86% occupancy, around AED 343,093 gross. Owners on our managed programme average AED 473,468 — 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.