Basic information about increasing rental amount
The landlord must give a 90-day notice before ending the rental agreement, breaking the contract, or increasing the rental amount being charge, according to Dubai’s Real Estate Regulatory laws. It is critical for the tenant to keep track of the date when a landlord has asked to alter the rental amount. If a 90-day notice was not sent by the landlord, tenants have the legal right to refuse a rent increase. Furthermore, after reaching an agreement with the landlord on a rental cost increase, go through the entire contract for any modifications made by the landlord. If the tenant refuses to accept the new terms of the contract, they may submit a complaint with the Rent Disputes Settlement Centre at the Dubai Land Department (DLD).
Also, as per the Decree 43 released by the Dubai government, the rental amount can only be increased by 5% if the current value is 11-20% less than what is being charged on other similar units within the area. An increase of up to 10% is allowed is the rental amount is 21-30% less, and a 15% increase is permissible in cases where the value is 31-40% less than the rent being charged for other similar units within the neighborhood.