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 air defences intercept 15 missiles, 11 drones on Thursday
The UAE air defences have intercepted 15 ballistic missiles and 11 drones on Thursday, according to a statement from the Ministry of Defence.
Gargash welcomes UN council's condemnation of Iran's 'brazen aggression'
Dr Anwar Gargash, diplomatic advisor to the UAE President, on Thursday has welcomed the UN Human Rights Council’s unanimous adoption of a resolution condemning Iran's "aggression against the Arab Gulf states and Jordan".
UAE minister says 'no country should hold straits as hostage'
Reem Al Hashimy, UAE's Minister of State for International Cooperation, has asserted that "no country should be allowed to hold straits as hostage", while advocating for international governance on global passageways.
Indian, Pakistani killed in falling debris incident in Abu Dhabi
Two people have died and three more injured after debris from a missile interception fell on Abu Dhabi's Sweihan street on Thursday.
UAE issues alert for unstable weather conditions on Thursday
The UAE weather authorities have issued a yellow and orange alert with potential rainfall across several areas in the country on Thursday.
UAE joins 5 nations to condemn pro-Iranian attacks coming from Iraq
The UAE, alongside Kuwait, Bahrain, Saudi Arabia, Qatar, and Jordan, has released a joint statement condemning attacks "carried out by armed factions loyal to Iran from Iraq" to several countries in the region.
UAE responds to incoming missiles, drones on Thursday
The UAE has announced on Thursday that its defence systems are responding to missile and drone threats from Iran.
UAE aid convoy ships 270 tonnes of children's clothing to Gaza Strip
The UAE has shipped 270 tonnes of clothes under the "Clothing of Hope for Our Children in Gaza” initiative in its 328th humanitarian aid convoy to the Gaza Strip.
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Gwyneth Paltrow & Huey Lewis
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Pinoy Expat Corner
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Pinoy Expat Corner
What does someone working on a yacht usually do? Are they often out at sea, and how long do they usually stay there?
