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 launches aid mission for hurricane-hit Caribbean nations
The UAE has launched an urgent humanitarian mission to assist communities affected by Hurricane Melissa, which devastated parts of Jamaica, Haiti and Cuba.
New paid parking zones introduced in Dubai
Dubai’s public parking operator Parkin has announced the introduction of new paid parking zones in two key areas of the city.
H.H. Sheikh Khaled holds talks with South Korean President
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, looked at ways to advance cooperation with South Korea in key sectors during talks with President Lee Jae-myung in Gyeongju.
UAE fuel prices to drop in November
Motorists will pay less at the pump in November, the UAE Fuel Price Committee confirmed on Friday.
