Could a three-year rental freeze be coming to Dubai?

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Sunday, May 5th, 2019 8:01am

123 RF / gajus

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.

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