Abu Dhabi introduced its inaugural official rental index for the capital on Tuesday, launched by the city's real estate regulator, Abu Dhabi Real Estate Centre (ADREC). This platform, catering to both tenants and landlords, aims to enhance market transparency, offer indicative rental values, and bolster the stability of the capital's expanding real estate market. It provides quarterly rental pricing indications for properties across various city areas, allowing residents easy access to dependable data on residential, commercial, and industrial properties.
The rental index operates on a highly user-friendly platform where users can select any city area and view prices for different property types. Accessible via the Abu Dhabi Real Estate website, users must first choose their municipality (Dhafra, Abu Dhabi city, or Al Ain city), then select their preferred zone and sector. Upon specifying the area, the index displays transparent pricing information for properties ranging from apartments to villas. Additionally, it details the number of bedrooms and varied pricing for each property.
The portal features an interactive map for viewing localities and making selections. According to Abu Dhabi's media office, the rental index is part of ADREC's continuous efforts to improve customer satisfaction in the real estate market and deliver value to all stakeholders, including investors, property owners, and tenants.
