Abu Dhabi rent cap removal worries residents

recent Abu Dhabi government decision to remove the rent cap limiting yearly increases to five per cent has residents greatly concerned, with many of them saying they might soon have to look for alternative accommodation in less ideal locations.

The resolution by the Abu Dhabi Executive Council was announced on Thursday and it annuls the yearly rent increase and rent contract extensions from November 10.

Rents will now be determined by market forces, including the location and condition of the apartments — but residents say that the decision will not benefit them and has them very worried.

“The high rents in the capital greatly restrict people’s choice of accommodation,” said Sajiv Kumar Sasikumar, a senior project engineer from India who lives on Najda Street.