The Dubai Land Department has officially rolled out its Rent Now, Pay Later initiative exclusively with Emirates NBD. The service enables eligible tenants to convert annual rent payments into six or 12 monthly instalments, while property owners receive the full agreed amount upfront. Security deposits are excluded from the financing plan.
The Dubai Rental Disputes Centre (RDC) has established a judicial principle permitting landlords or tenants to annul a lease agreement before tenancy begins if deception is proven. The ruling relies on Articles 170 through 173 of the UAE Civil Transactions Law regarding truthful mutual consent. A legal expert noted that the decision restores contracting parties to their pre-signing status once deliberate misrepresentation is established.
Dubai authorities have resumed allowing legally married couples to combine property values to meet residency visa thresholds as of October 2026. Under the reinstated rules, a combined property value of AED 2 million qualifies a couple for a 10-year Golden Visa, while AED 1 million qualifies applicants aged 55 and older for a 5-year Retirement Visa. This reverses a July 2026 policy change that required each individual co-owner to meet investment minimums independently.
Chinese supply chain finance platform Linklogis has announced a partnership with XRP Ledger to deploy blockchain-based trade finance applications. The initiative aims to facilitate faster cross-border settlements using stablecoins and tokenized real-world assets. Linklogis handled over $2.8 billion in cross-border assets through its programs last year.
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