Farouk Rawashdeh, Managing Director of Remax Real Estate, affirmed that Abu Dhabi’s decision to stabilise rental rates will enhance residential stability for families and residents, while also providing the real estate market with greater confidence and long-term clarity, which will positively reflect on the emirate’s attractiveness to both residents and investors.
Al Rawashdeh indicated that he does not expect the decision to have a negative impact on property owners’ investment returns, explaining that sustained occupancy and tenant retention contribute to maintaining a stable and sustainable income stream for landlords.
He added that rental stability will naturally support increased demand for residential units, particularly among families and individuals seeking long-term stability, thereby further enhancing the attractiveness of the emirate’s real estate market.
He further explained that he does not anticipate any significant increase in vacancy rates, noting that demand for housing in Abu Dhabi is not solely linked to rental prices, but is also influenced by the levels of safety, stability, and quality of life offered by the emirate, in addition to the strength of its economy and the continuous development of services. These factors make Abu Dhabi a preferred destination for living and long-term settlement while maintaining strong and stable occupancy levels.
Regarding pricing strategies adopted by developers and property owners, he stated that he does not expect any fundamental changes. However, the market may witness a restructuring of certain payment plans and installment schedules in line with current market requirements.
He emphasized that he does not foresee an actual decline in investment returns, explaining that higher occupancy rates and tenant stability can offset any potential impact on revenues.
He also noted that every economic phase brings new variables that require appropriate solutions, pointing out that Abu Dhabi has consistently demonstrated its ability to anticipate changes and manage them efficiently, achieving positive outcomes for the real estate market and reinforcing balance among all stakeholders.
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