Dubai Land Department Introduces AI-Powered Smart Rental Index to Enhance Real Estate Transparency
The Dubai Land Department (DLD) has launched the Smart Rental Index, an innovative AI-powered platform designed to improve transparency and accuracy in Dubai’s rental market. This cutting-edge system analyzes factors like building quality, location, and amenities, ensuring rental values are based on real-time market conditions.
For tenants, the platform promises fairer pricing and better living conditions while reducing disputes over unjustified rent hikes. Landlords gain deeper insights into the competitive landscape, motivating property improvements to align with market standards.
The Smart Rental Index offers a shift from traditional zone-level analyses to precise, building-level data and provides updates on a monthly or customized basis. Yahia, Director of the Rental Department at DLD, emphasized the platform’s intuitive features and commitment to fostering trust in the market.
Majid Al Marri, CEO of the Real Estate Registration Sector at DLD, highlighted the platform’s alignment with Dubai’s Real Estate Strategy 2033, which aims to establish Dubai as a global leader in transparency, innovation, and sustainability. The initiative is set to boost financial confidence, attract global investors, and elevate living standards for tenants while supporting Dubai’s thriving rental market.
