Abu Dhabi launched its first official rental index platform serving tenants and landlords

On Tuesday, Abu Dhabi unveiled the capital's first official rental index. Abu Dhabi Real Estate Centre (ADREC), the capital's real estate industry regulator, introduced the index. The platform, which caters to both landlords and tenants, is intended to promote stability in the capital's expanding real estate market, raise market transparency, and offer indicative rental pricing.

For properties situated in various parts of the city, the platform provides an estimate of the quarterly rental cost. Reliable information on residential, commercial, and industrial properties is easily accessible to the public.

The rental index is available on a very user-friendly portal that allows users to choose any location of the city and obtain prices for all kinds of nearby properties. Customers can use the service by visiting the gis.adm.gov.ae/rentalindex website for Abu Dhabi Real Estate. 

Users must choose between Dhafra, Abu Dhabi City, and Al Ain City as their municipality of choice in order to receive comprehensive and lucid information. Next, they can choose the sector and then their preferred zone. 

The index shows clear pricing data for nearby properties when a specific area is selected. These consist of both villas and apartments. Buyers and tenants can also clearly see how many bedrooms are available in these homes and how much they individually cost. In addition, the portal offers an interactive map that lets users explore and select different regions. 

The media office in Abu Dhabi claims that the rental index is an extension of ADREC's continuous endeavor to improve customer satisfaction in the real estate market and provide value to all parties involved, including tenants, investors, and property owners.