It is worth noting that all rental increases will be conducted under the rules of the Dubai Real Estate Regulatory Authority, Department of Land Resources (RERA) and the landlord will not be able to increase the rental price without notifying its tenants in writing no later than 90 days in advance.
In addition, the UAE ranked first in a new global real estate index launched on February 8, where the country's reputation as a safe and secure environment for living and doing business was a key factor. The Emirates were followed by destinations such as Spain, Montenegro, Turkey and Portugal. According to
the Best Real Estate Investment Migration Index by Henley & Partners in partnership with Deep Knowledge Analytics, the Emirates deservedly received a high score of 82 for potential rental income, where the price per square meter is much lower than other major international centers on the planet. Real estate investment in this case is linked to the state's reputation, safe living environment, attractive employment conditions, its strong economy and progressive prospects in industries such as renewable energy. Additionally, various government initiatives to improve living conditions and support residency programmes through investments
, including expanding incentives to purchase real estate also contributed to the positive outcome.