The Dubai Land Department has launched the brand new smart rent index, with the aim of developing the real estate sector and enhancing confidence and transparency between owners, 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 the quality of life and achieving sustainable development in various economic sectors.
Strategic Objectives
The Smart Rental 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 up-to-date 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 role model in the use of 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 to achieve sustainability and excellence.
Dubai Land invites all interested investors, owners and tenants to follow the updates on this ambitious project, which will reveal all the details and advantages it offers during the official launch soon.