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 says companies under US sanctions not operating in country
The Ministry of Justice said seven companies reportedly based in the UAE and sanctioned by the United States for ties to Sudan do not operate in the country.
Dubai Police arrests 222 beggars during Ramadan, Eid
Dubai Police announced on Friday it arrested 222 beggars during Ramadan and Eid, after a campaign was launched under the slogan “An Aware Society, Free of Begging,” in partnership with other government entities.
Dubai rolls out variable parking rates
Drivers will have to pay more for parking in some parts of Dubai starting Friday, with premium rates starting at AED 6 an hour.
Watch: UAE search, rescue team continues relief efforts in Myanmar
The UAE's search and rescue team is continuing its relief efforts in Myanmar following the recent earthquake.
H.H. Sheikh Hamdan unveils 'MyDubai Communities' platform
A new digital platform has been unveiled, designed to connect citizens, residents and visitors with a wide range of activities across Dubai.
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