Even as the rental cap stays at 5% for 2011, Dubai's property-owners have been offered few leeways to increase the rents if their estates are leased at charges very less compared to rent in the neighborhoods.

Although the difference in the rental range with neighboring properties supposed to be much more than 25 % of the average indexed value. The fresh decree also authorizes the Real Estate Regulatory Agency's rent index as the major transfer point for any modification to the rental formation.

Ryan Mahoney, managing director of Better Homes expressed that with some of the exceptions, Dubai stays in a spongy rental marketplace, and per se the expansion of the cap shall not have an instant effect on the present market dynamics.

Mahoney told Gulf News that whatsoever rental rises there have been in the current past and there exist some those were unique circumstances and not descriptive of the real market forces.

Although the rental cap expansion is a declaration by Dubai that it is attaching to the strategies that have acted good in the past times.