Hazard left Chelsea in the summer and moved to Madrid in a 100million euro transfer, bringing an end to years of speculation in which the Beglian international was linked with the move to the Spanish club.
The midfielder was injured at the start of the season but made his full debut in the 3-0 defeat to PSG in the Champions League, prompting Ferdinandn to suggest he made that move at the wrong time.
"When you go to a new club, especially the size of Real Madrid, you have to earn the right to be the man who gets all the ball," Ferdinand said on BT Sport.
"This is a team that's ageing, they're not on their way up, they've not got much spark about them at the moment. That is going to affect him and reflect badly on him in the long term."
Hazard has just started for the team and will take time to integrate himself with the rest of his team in match situations, but it is unlikely the player has lost his talent just because he moved from one league to the other.