It is the Emir issued a law about rent freeze of 2 years from February 15, 2008 to February 15, 2010.
An excerpt of the Gulf Times news : as follows:
The majority of the population heaved a collective sign of relief when the government came out with a new rent law in February, stipulating that landlords cannot increase the rent until February 14, 2010. All the contracts have to be registered with a committee at the Ministry of Municipal Affairs and Agriculture. The law came as a great relief at a time when the rents were skyrocketing virtually every month.- GT Dec. 30, 2008
Hi there.
It is the Emir issued a law about rent freeze of 2 years from February 15, 2008 to February 15, 2010.
An excerpt of the Gulf Times news : as follows:
The majority of the population heaved a collective sign of relief when the government came out with a new rent law in February, stipulating that landlords cannot increase the rent until February 14, 2010. All the contracts have to be registered with a committee at the Ministry of Municipal Affairs and Agriculture. The law came as a great relief at a time when the rents were skyrocketing virtually every month.- GT Dec. 30, 2008