Experts say a three-year rental freeze in Dubai will add confidence and stability to the emirate's property market.
The Dubai Land Department recently said it's considering the idea after the signing of a lease agreement between landlord and tenant.
Lewis Allsopp, CEO of Allsopp & Allsopp, explains.
He says authorities could be mulling a three-year rental freeze because Dubai could soon see an influx of new expats.
UAE President holds talks with US, Saudi Arabia leaders
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held talks with US President Donald Trump and of Saudi Arabia's Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud in separate phone calls on Tuesday.
UAE adds 16 individuals, 5 entities to terror list over Hezbollah links
The UAE has added 21 individuals and entities linked to Hezbollah to its local terrorist list as part of ongoing efforts to combat terrorism financing and extremist activities.
UAE fully prepared to deal with hantavirus, any health threats
The UAE’s National Emergency Crisis and Disaster Management Authority (NCEMA), alongside the Ministry of Health and Prevention, has confirmed the country is fully prepared to respond to any developments related to hantavirus and other health threats.
UAE condemns IRGC's infiltration of Kuwait’s Bubiyan Island
The UAE has strongly condemned the infiltration of Kuwait’s Bubiyan Island by members of Iran’s Islamic Revolutionary Guard Corps (IRGC) to carry out hostile acts.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held talks with US President Donald Trump and of Saudi Arabia's Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud in separate phone calls on Tuesday.
The UAE has added 21 individuals and entities linked to Hezbollah to its local terrorist list as part of ongoing efforts to combat terrorism financing and extremist activities.
The UAE’s National Emergency Crisis and Disaster Management Authority (NCEMA), alongside the Ministry of Health and Prevention, has confirmed the country is fully prepared to respond to any developments related to hantavirus and other health threats.
