Landlords and tenants should both get insurance to make sure they're covered in a short-term lease agreement.
That's according to experts, who say more and more UAE landlords are leasing unused spaces in their properties.
Ashwin Narasimhan, Senior Manager of Personal Lines at Noor Takaful, explains.
He says people in the UAE still aren't buying home insurance.
A recent survey revealed that less than 10 per cent of residents in the country have issued a policy.
Narasimhan explains.
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UAE-Vietnam CEPA enters into force
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UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has led messages welcoming guests to the World Governments Summit 2026, running from February 3 - 5 under the theme ‘Shaping Future Governments’.
Dubai’s Roads and Transport Authority (RTA) has unveiled an autonomous electric transit system that officials say could transform urban travel and help ease congestion across the emirate.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, has announced a new Life and Biodiversity Laboratory, as part of efforts to promote conservation science and protect species from extinction.
