The emirate’s first ever official rental index for Abu Dhabi was published on Tuesday. It has been published by the capital’s real estate sector trade body Abu Dhabi Real Estate Centre (ADREC).
The platform that is aimed to benefit the tenants and landlords, is aimed at enhancing the market competitiveness, to facilitate the indication of rental values, and to prop up the sustainability of the increasing growth of the real estate market in the capital.
On the website, there is an example of third quarter rental prices for some of the properties, situated in districts of the city. People can get hold of timely data on storey buildings for residential, business and manufacturing purposes.
How it works
The rental index is available in a very friendly user interface where users can choose any part of the city and get the cost of various categories of units in the selected area.
Users can avail the service through the Abu Dhabi Real Estate website: The source, is the official web site of the rent index of the UAE and it is on the follow web address: gis.adm.gov.ae/rentalindex.
In order to obtain clear extensive information, users are to choose their preferred municipality between Dhafra, Abu Dhabi City, and Al Ain City.
They can then go further by picking up the zone of their preferred choice then the sector.
When the specific area is chosen, the index offers straightforward information of price levels of properties in that area. These start from apartments, and go up to villas.
Tenants and buyers can also ascertain the number of bedrooms these properties have and the various prices that are related to them.
It also has an explore tab in which a map is displayed and the button below it can be used to view the localities and choose between them.
According to the media office of Abu Dhabi rental index is part of the constant ongoing process of development by ADREC and providing value to customers, investors, property owners, and tenants.