The Abu Dhabi Real Estate Centre (ADREC), the regulator of Abu Dhabi’s real estate sector, has introduced the first ‘Rental Index’ to attract international investors.
The initiative aims to boost market transparency, provide indicative rental values, and support the stability of the capital’s growing real estate market by serving both tenants and landlords. This will strengthen the sector and attract investors from around the world.
The platform provides easily accessible and reliable data on residential, commercial and industrial properties. In addition to this, Indicative quarterly rental pricing is available on the platform for properties located in Abu Dhabi and Al Ain.
Rashed Al Omaira, Acting Director General of ADREC, commented that, “The Rental Index will energize the rental market in Abu Dhabi and further contribute to the emirate’s competitive edge to attract international investors. We are committed to building a thriving real estate sector, positioning the emirate as a leading investment and real estate destination regionally and globally.”
The Abu Dhabi Rental Index highlights ADREC’s unwavering commitment to catering to the needs of customer in the real estate market, and delivering value to all stakeholders including investors, property owners and tenants.
“Our mission is to ensure transparency in our practices, and we will continue to work alongside all stakeholders to build and maintain trust in the system,” added Rashed Al Omaira.
The Abu Dhabi Real Estate Centre (ADREC), established in in November 2023 by the Department of Municipalities and Transport, has been contributing to the region’s real estate sector to elevate Abu Dhabi’s position as a global real estate hub.
