After completing his dream move to Madrid, the Belgian forward, known for his exploits with Chelsea, is struggling to hit the ground running with the White Angels.
And failing to impress on Wednesday night as they lost 3-0 to Paris Saint-Germain in their Champions League opener in Paris, Ferdinand is with fears that the former Lille winger might not live up to expectations at his new club.
Ferdinand also believes the timing with which Hazard joined Real Madrid may have been a wrong one as that will make him find it difficult to replicate his best form when he was with Chelsea in the Premier League.
"When you go to a new club, especially the size of Real Madrid, you've got to earn the right to be the man who gets all the ball - the talisman who you look to first.
"He's got to do something in the training games, in the actual games he plays, so that people go 'we need to give him the ball'. But I'm fearful for him that he's gone there at the wrong time.
"This is a team that's ageing, this is a team that's not on their way up, they've not got much spark about them at the moment, and that's going to affect him, and it's going to reflect badly on him maybe in the long term."
On the back of impressive spell in England, scoring 21 goals in all competitions to help Chelsea win the Europa League last season, Hazard put an end to a long-running saga as he joined Real Madrid for a reported £88 million on a five-year contract.
