Rents remain stable and sales are down, according to a new Dubai property report. CBRE’s Q3 2015 figures show sales rates declining around 2% from Q2 and around 6% year-on-year. When it comes to rents the global real estate advisor reveals that average rentals, within the residential sector, remained stable although affordable locations saw some growth. Another finding from the report details how the growing resident population has driven robust growth in the Dubai retail sector.
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.
H.H. Sheikh Mohammed calls for bold approaches to enhance UAE’s global status
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, stressed the importance of bold, innovative approaches to maintain the UAE’s global leadership in sustainable development.
