India, June 6 -- Abu Dhabi has announced a temporary freeze on rent increases across residential and commercial properties, offering immediate relief to tenants amid the ongoing US-Iran war. The measure is expected to moderate rental growth in the affordable housing segment, strengthen tenant retention and support long-term market stability, say real estate experts.

The decision, announced by the Abu Dhabi Real Estate Centre (ADREC) on June 2, reduces the emirate's annual rental increase cap from 5 per cent to 0 per cent with immediate effect and until further notice, according to a report by Khaleej Times.

Property experts believe the move could ease financial pressure on tenants and businesses by putting downward pressure on rents. Ho...