How do tenancy renewals work on Prosper?

Your relationship manager at Prosper starts your renewal early so you have time to review it.

• About 110 days before expiry: Your RM prepares the renewal contract and sends it to the landlord. If a rent increase is possible, it includes the RERA rental index document.
• Landlord review: the landlord reviews the renewal and sends it to you.
• Your decision: accept or reject at least one month before your contract expires.
• Signing: once accepted, a new tenancy contract is generated and signed by both parties.
• Ejari: register the new Ejari after the current contract ends.

If you reject: your Relationship Manager can help you with next steps, including talking to the landlord or finding a new home.

Tip: check the RERA rental index before accepting a rent increase, so you know what is allowed.

For more, read How To Create And Automate Dubai Tenancy Contracts.