Can the landlord refuse to renew the tenancy contract if I do not accept rent increase?

I have rented an apartment in Dubai (business bay). My rent is up for renewal in May. A few weeks ago the landlord asked if I wanted to renew and I said yes.

Checking the RERA calculator, he is permitted to increase my rent by 10%. I agreed to that. He is asking for more and I declined his offer and mentioned that I would only pay the 10% increase.

He then said he is not willing to bargain and simply will not renew my contract. I told him I did not accept that.

He then made reference to a clause in the contract that says “A ninety days' notice in writing should be given by the landlord to the tenant if the landlord wishes to review the rent in accordance with the applicable RERA law at the relevant time for renewal OR if the landlord wishes to terminate the contract”.

He is relying on the second part of this statement for his argument. Can he decide not to renew my contract?

Please note he has not submitted any valuation certificate.

Thank you!