One of Dubai’s most affluent communities has registered a deal worth AED 93 million. A buyer paid nearly AED 2,300 per square foot in Emirates Hills, despite a report showing Dubai’s real estate market is slowing down. Real estate investment and advisory firm JLL MENA say residential prices have dropped by 11% over the last year, and rental prices are also decreasing. The downtrend is expected to continue for the rest of the year.
MOHRE to host New Year’s Eve celebrations for workers across the UAE
The Ministry of Human Resources and Emiratisation (MOHRE) has announced plans to organise a series of New Year’s Eve celebrations for workers across the UAE, under the theme "Happy Workers, Thriving Business".
Dubai Free Zones council highlights 2024 achievements and future plans
The Dubai Free Zones Council (DFZC) has confirmed that the performance of Dubai's free zones in 2024 is a result of their ongoing commitment to economic diversification, aligning with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai.
UAE leaders condole Azerbaijan over victims of air crash
President His Highness Sheikh Mohamed bin Zayed Al Nahyan and other Emirati leaders expressed solidarity with Azerbaijan over the Azerbaijan Airlines plane crash in Kazakhstan, which killed and injured dozens.
Travel time in Dubai's Nad Al Sheba cut by up to 60%
Dubai’s Roads and Transport Authority (RTA) has completed a series of traffic improvements in the Nad Al Sheba area, designed to boost road efficiency and ease congestion.
