60 Day Notice Of Rent Increase Form Template for United Arab Emirates

The 60 Day Notice Of Rent Increase Form is a crucial document in the UAE's real estate sector, particularly in Dubai, where rent increases are strictly regulated by the Real Estate Regulatory Agency (RERA). This document must be used whenever a landlord intends to increase the rent for an existing tenant, provided the proposed increase aligns with the RERA Rental Index. The notice must be served at least 60 days before the lease renewal date and must clearly state the current rent, proposed increase, and effective date. The form ensures compliance with UAE real estate laws and regulations, protecting both landlord and tenant interests. It's particularly important in Dubai's dynamic property market, where rent increases must follow specific legal procedures and calculations based on current market rates.

1. Property Details: Full address and description of the rental property, including any unit numbers or unique identifiers

2. Parties Information: Complete details of both landlord and tenant, including full names, contact information, and any reference numbers

3. Current Rent Information: Statement of current rent amount, payment frequency, and lease period

4. Proposed Rent Increase: Clear statement of the new proposed rent amount and the percentage increase

5. Effective Date: Specification of when the new rent will take effect, ensuring compliance with the 60-day notice requirement

6. Legal Compliance Statement: Declaration that the increase complies with RERA regulations and the rental index

7. Signature Block: Space for landlord's signature, date, and contact information