Is it okay to ask for a rent decrease? My RERA calculator suggests no increase is allowed, and I'm looking for real stories.

My lease ends in June. I’ve been renting a 2-bedroom villa in Al Thanayah Fourth for 150k a year, and I feel the market has changed since I signed the contract.

I did some research:

I checked the RERA Smart Rental Index, which confirmed that no increase is allowed. The market range for similar properties is between 135k and 165k. I’m paying within that range, but it’s definitely on the higher side since some comparable villas start at around 135k.

Listings on Bayut and Property Finder still show high asking prices, but from what I hear from people around me, actual closing prices have dropped, and landlords are more open to negotiation.

Now, my main concern is whether it’s legal under RERA to ask my landlord for a rent decrease. I know the RERA index regulates increases, but I’m unsure if the law covers tenants asking for a reduction. I want to avoid any legal issues or jeopardize my position before renewal.

From what I see, the market has clearly shifted with all the new supply, especially around JVC. I’d love to hear from others:

Is asking for a decrease something you’re allowed to do, or is it just up to the landlord’s kindness?

Have you successfully negotiated a lower rent recently? How much did you save?

I’m eager to hear real experiences from people going through renewals right now.