Abu Dhabi announces rent freeze for all properties

File Photo

Abu Dhabi Real Estate Centre has announced a rent freeze for all residential, commercial and industrial tenants until further notice.

In a post on social media platform X, the authority said any tenants with new contracts for previously rented unit will receive the same fee as the preceding contract.

It said renewals "will be processed at a 0 per cent increase for the duration of the measure".

 

More from UAE

On Virgin Radio today

  • The Kris Fade Show

    6:00am - 10:00am

    Kris, Priti and Rossi host the UAE's biggest radio show. It's full of fun, laughs and it's Where The Stars Live.

  • Adam Eddine

    10:00am - 2:00pm

    While Maz is having a baby, Adam is working every day!

Hit Music