Dubai launches 'Smart Rental Index'

DMO

Dubai Land Department has announced it will launch a 'Smart Rental Index' in January 2025.

The initiative is designed to drive the development of the real estate sector while fostering trust, transparency, and confidence among landlords, tenants, and investors.

The new index aims to enhance transparency in the real estate market by providing accurate and up-to-date data.

This initiative embodies Dubai Land Department’s vision to position the emirate as a global model for leveraging technology to serve the real estate sector and aligns with the Dubai Digital Strategy, the Dubai Real Estate Sector Strategy 2033, and the emirate’s future vision for achieving sustainability and excellence.

More from Business News

  • India reviewing allegations of antitrust breaches by IndiGo

    India's competition regulator said on Thursday it was reviewing allegations of antitrust violations by budget airline IndiGo following recent flight disruptions that hit air travel nationwide.

  • DXB and DWC boost winter schedules with new routes

    Dubai Airports has entered the winter travel season with one of its strongest networks in history, as Dubai International (DXB) and Dubai World Central - Al Maktoum International (DWC) welcome new airlines and expanded connectivity to meet rising seasonal travel demand.

  • Amazon in talks to invest in OpenAI

    Amazon.com IncĀ is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence company at over $500 billion, a source familiar with the matter said on Tuesday.

  • DXB to welcome over 4.2 million guests over next two weeks

    Dubai International Airport (DXB) is gearing up to accommodate a surge in travellers over the next two weeks, marking one of the busiest travel periods of the year.

Blogs