United Arab Emirates

Abu Dhabi reveals rental index with pricing data across 3 cities

Synopsis

Abu Dhabi has introduced its first official rental index, launched by the Abu Dhabi Real Estate Centre (ADREC). The platform aims to enhance market transparency and stability by providing indicative quarterly rental values for residential, commercial, and industrial properties across the city. Users can easily access detailed pricing information by selecting specific areas within Abu Dhabi, including Dhafra, Abu Dhabi City, and Al Ain City. The initiative is part of ADREC's ongoing efforts to improve customer satisfaction and add value to the real estate market, benefiting investors, property owners, and tenants alike.

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Abu Dhabi has launched its first official rental index, a significant step by the Abu Dhabi Real Estate Centre (ADREC) to improve transparency and stability in the capital's housing market. This innovative tool benefits both tenants and landlords by providing quarterly rental estimates for a diverse range of properties throughout the city, including residential, commercial, and industrial spaces. The user-friendly interface allows users to get precise property price information by selecting specific regions within the city, such as Dhafra, Abu Dhabi City, or Al Ain City.

The index provides transparent data, allowing users to make informed decisions when renting or buying property. The information is available for various property types, including apartments and villas, with data on the number of bedrooms and pricing options. An interactive map feature further enhances the user experience, enabling residents and investors to view and compare localities within the city easily.

This rental index is part of ADREC's ongoing efforts to increase customer satisfaction and value in the real estate industry. ADREC strives to support the expansion of Abu Dhabi's real estate sector by providing accurate and easily available data to all stakeholders, including investors, property owners, and tenants. The initiative reflects ADREC's commitment to fostering a transparent and stable real estate environment. By making rental data readily available, the platform helps ensure that tenants and landlords have a clear understanding of the market, contributing to a more predictable and fair real estate sector in the capital.

With this launch, ADREC demonstrates its leadership in improving Abu Dhabi's real estate market, keeping it competitive and appealing to both local and foreign investors. The rental index is a forward-thinking tool that supports the larger goals of improving urban living and supporting sustainable development in the capital. As the platform evolves, it is expected to play a larger role in influencing Abu Dhabi's real estate future.

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