#Rents

Dubai Land department

Rent in Dubai can now be paid online rather than post-dated cheques

Tenants will soon be able to pay their rent automatically through online banking rather than post-dated cheques

Tenants renovating properties in Dubai’s Al Quoz Creative Zone exempt from rents for up to 2 years

The decision is part of the framework of the 100-day plan for the Al Quoz Creative Zone development project

Aldar offers to buy stake in Egypt’s Sodic; shares climb

The offer values the Egyptian property developer at about $420m