Tenants and property owners in Abu Dhabi now have a clearer picture of their costs heading into the next round of lease agreements. The Abu Dhabi Real Estate Centre (ADREC) has placed a hold on all rent increases throughout the emirate, with rental figures locked at their current levels for the time being.
The freeze covers every category of lease contract, according to ADREC, and reaches both fresh agreements and those being renewed. For any given property, the figure listed on the most recent contract becomes the benchmark that landlords must honour, leaving no room to charge above that last agreed rate while the hold remains active.
ADREC framed the step as part of a wider push to keep the property market on steady footing, lift transparency and safeguard everyone with a stake in the sector. The authority described the arrangement as a temporary one, set to stay in place until a fresh directive replaces it.
Officials linked the policy to the goal of keeping Abu Dhabi’s real estate market stable and sustainable, with the added benefit of reassuring investors weighing their position in the emirate.
