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.
Dubai launches transport data lab to improve traffic management
Dubai’s Roads and Transport Authority (RTA) has launched a Transport Data Analysis Laboratory to improve traffic management, predict congestion and enhance road safety across the emirate.
H.H. Sheikh Hamdan commends Dubai Health's role in advancing global standards
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, has visited Dubai Health’s headquarters, reviewing key projects aimed at advancing healthcare services.
Dubai Police urge caution after fatigue-related accident
Dubai Police are warning motorists about the dangers of driving while extremely tired or suffering from health issues such as blood sugar imbalances, high blood pressure or psychological conditions.
CBUAE revokes exchange house licence, issues hefty fine
The Central Bank of the UAE (CBUAE) has revoked the licence of 'Omda Exchange' and removed its name from the official register.
