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 and Russia discuss expanding strategic cooperation
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received Russian First Deputy Prime Minister Denis Manturov during his working visit to the UAE on Tuesday.
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Dubai’s Islamic Affairs and Charitable Activities Department has completed preparations for Eid Al-Adha prayers at 937 mosques across the emirate.
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