Abu Dhabi –Abu Dhabi has launched its first official rental index. This new platform, created by the Abu Dhabi Real Estate Centre (ADREC), aims to increase transparency in the real estate market by providing comprehensive data on rental prices across the capital.
Benefits for tenants and landlords
This user-friendly platform caters to both tenants and landlords. Tenants can gain valuable insights into rental trends across different areas, allowing them to make informed decisions when searching for new accommodation. Landlords, on the other hand, can utilize the index to understand the current market value of their properties.
Accessing rental data
The rental index offers indicative quarterly rental pricing for various property types, including apartments and villas. Users can access the service through the Abu Dhabi Real Estate Centre website (gis.adm.gov.ae/rentalindex).
Detailed information at your fingertips
For a more comprehensive view of the rental market, users can delve deeper by selecting their preferred municipality (Dhafra, Abu Dhabi City, or Al Ain City). This is followed by choosing the specific zone and sector within the chosen municipality. Finally, upon selecting a specific area, the index displays transparent information on rental prices for various property types in that location.
Interactive features
The platform boasts an interactive map that allows users to visualize different localities and compare rental prices across various areas. This feature provides a convenient way for residents to explore different neighborhoods and find properties that suit their budget and preferences.
Commitment to customer satisfaction
According to Abu Dhabi's media office, the launch of the rental index aligns with ADREC's ongoing efforts to enhance customer satisfaction and deliver value to all stakeholders in the real estate market, including investors, property owners, and tenants.