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 calls for stronger global cooperation at G7 Summit
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has participated in the 52nd G7 Leaders’ Summit in Évian-les-Bains, France.
UAE foils drug distribution plot, dismantles criminal network
The National Anti-Narcotics Authority, in coordination with Ras Al Khaimah Police and other security agencies, has foiled a plan to promote and distribute narcotic substances inside the UAE.
Sharjah Ruler unveils AED 750 million projects to link direct roads to Dubai
His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has announced a series of projects worth AED750 million that will link internal and main roads between Sharjah and Dubai.
UAE President meets US President on sidelines of G7 Summit
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with US President Donald Trump on the sidelines of the G7 Summit in Évian-les-Bains, France.
UAE President, Greek PM discuss strategic cooperation
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has discussed strengthening strategic partnerships in key sectors with Greek Prime Minister Kyriakos Mitsotakis in a phone call on Tuesday.
Emirati Media Forum to address misinformation, AI and industry transformation
The 11th Emirati Media Forum will take place on June 22 in Dubai, bringing together industry leaders, editors, writers, content creators and social media influencers.
ജി7 ഉച്ചകോടി; ഷെയ്ഖ് മുഹമ്മദ് -ഡൊണാൾഡ് ട്രംപ് കൂടിക്കാഴ്ച
യുഎഇയും യു എസും തമ്മിലുള്ള തന്ത്രപരമായ സഹകരണം ശക്തിപ്പെടുത്തുന്നതിനെ കുറിച്ച് ഇരുവരും ചർച്ച ചെയ്തു
UAE introduces new Emiratisation rules for healthcare sector
The UAE's Ministry of Human Resources and Emiratisation has announced new Emiratisation requirements for the private healthcare sector, in coordination with the Ministry of Health and Prevention.
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