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, European Commission Presidents explore closer ties
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held a phone call with the President of the European Commission, Ursula von der Leyen, to discuss ways to strengthen ties in support of shared interests.
UAE, Cyprus Presidents discuss enhancing strategic partnership
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has discussed enhancing cooperation with Niko Christodoulides, President of Cyprus, as part of the Comprehensive Strategic Partnership between the two nations.
Emirates, Dubai Humanitarian launch airbridge for Sri Lanka cyclone victims
Emirates Airline has set up an airbridge with Dubai Humanitarian to transport urgent relief aid to support those affected by the devastating Cyclone Ditwah in Sri Lanka.
RTA chalks out route map for Dubai Metro Blue Line
Road and Transport Authority (RTA) has outlined the route map for Dubai Metro's Blue Line that will connect 14 stations, of which five will be elevated, four underground, two "future elevated" and one underground interchange.
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