Does the DLD’s rent valuation supersede Rera’s index?
Questions: My landlord is demanding a 54 per cent increase in rent for his property in Dubai during our tenancy renewal, while the Real Estate Regulatory Agency (Rera) index shows that no rent hikes are allowed.I forwarded the Rera index findings to the landlord and asked him to adjust his rent proposal in line with it.He declined and instead said the rental valuation certificate from the Dubai Land Department (DLD) was the standard.I visited the DLD…