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 steps up relief aid for Lebanon
Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE is sending humanitarian aid to people affected by the ongoing crisis in Lebanon through the UAE Aid Agency.
UAE, Lebanese Presidents discuss bilateral ties and regional developments
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held a phone call with Lebanese President Joseph Aoun to discuss ways to strengthen ties between the two countries.
UAE welcomes US-brokered Lebanon-Israel framework agreement
The UAE has welcomed the announcement of a framework agreement between Lebanon and Israel, praising the diplomatic efforts of US President Donald Trump and Secretary of State Marco Rubio in helping secure the deal.
UAE strongly condemns Iranian drone attacks on Bahrain
The UAE has strongly condemned the hostile drone attacks by Iran that targeted Bahrain early Saturday.
