DED official issues assurances on rent rise fears in Abu Dhabi | The National:
"The removal of a cap on rental increases in Abu Dhabi is unlikely to trigger inflation in the housing market as new supply comes online, said a top official.
Rashed Al Zaabi, the acting director planning and statistics at the Abu Dhabi’s Department of Economic Development said that market forces would ensure that there would be no major increase in rents.
“There will be competition in the market between older neighbourhoods and residences in newer developments,” he said. “If prices are increased in one location, there will be opportunities to move elsewhere.”"
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