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Abu Dhabi rent rules could help tenants stay longer as landlords face hike limits
Khaleej Times✓
Original Reporting
AI EXECUTIVE SUMMARY
Tenants in Abu Dhabi could have more reason to stay in their homes for longer as rent restrictions reduce landlords’ ability to raise prices between tenancies, according to Colliers.The consultancy said limiting rent increases between tenants reduces the incentive for landlords to replace existing residents with new tenants willing to pay higher rents.That could support higher tenant retention, lower mobility and greater certainty over housing costs, particularly after a period of strong rental...
Tenants in Abu Dhabi could have more reason to stay in their homes for longer as rent restrictions reduce landlords’ ability to raise prices between tenancies, according to Colliers.The consultancy said limiting rent increases between tenants reduces the incentive for landlords to replace existing residents with new tenants willing to pay higher rents.That could support higher tenant retention, lower mobility and greater certainty over housing costs, particularly after a period of strong rental...
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