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rent freeze

rent freeze latest

Dubai
June 22nd, 2021 - 02:00 GMT

How Will the New Rent Law in Dubai Affect the Real Estate Market?

Last April, the Dubai Land Department announced considering a rent law proposal that is meant to help the Emirate's real estate market achieve the major post-pandemic recovery hoped for. According to the new proposal, tenants can enjoy a rent price freeze once they sign a rental contract for at least three years. The proposal that has been perceived as pro-residents one will prevent landlords from increasing rental prices for the ...
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