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The Abu Dhabi Real Estate Centre (ADREC), the regulator of Abu Dhabi’s real estate sector, has officially launched the emirate’s first residential rental index.
This new platform aims to improve market transparency, provide rental benchmarks to both tenants and landlords, and support the stability of Abu Dhabi’s growing real estate market.
The rental index, accessible through the ADREC website, provides reliable and up-to-date data on residential, commercial and industrial properties. It provides quarterly price information for various areas across the emirate, enabling users to make informed decisions based on accurate rental data.
Rashed Al Omaira, Acting Director General of ADREC, said: “The rental index will revitalize Abu Dhabi’s rental market and strengthen the emirate’s competitive position to attract international investors. We are committed to building a thriving real estate sector and positioning the emirate as a leading global investment and real estate destination.”
Al Omaira stressed that ADREC’s focus remains on ensuring transparency, building trust and creating value for all stakeholders, including investors, property owners and tenants.
The new rental index is part of ADREC’s ongoing efforts to improve customer satisfaction and build confidence in Abu Dhabi’s real estate sector.
The launch of the platform coincides with rising rental prices in the emirate.
According to a recent report by Asteco, apartment rents in the capital rose by 2 percent in the second quarter of the year, while villa rents recorded a 5 percent increase. Purchase prices also followed an upward trend, with apartment prices increasing by 5 percent year-on-year and villa prices by 3 percent.
ADREC’s new rental index is expected to play a key role in stimulating the rental market and further increasing the emirate’s attractiveness to local and international investors.
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