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.
UAE air defences intercept 15 missiles, 11 drones on Thursday
The UAE air defences have intercepted 15 ballistic missiles and 11 drones on Thursday, according to a statement from the Ministry of Defence.
Gargash welcomes UN council's condemnation of Iran's 'brazen aggression'
Dr Anwar Gargash, diplomatic advisor to the UAE President, on Thursday has welcomed the UN Human Rights Council’s unanimous adoption of a resolution condemning Iran's "aggression against the Arab Gulf states and Jordan".
UAE minister says 'no country should hold straits as hostage'
Reem Al Hashimy, UAE's Minister of State for International Cooperation, has asserted that "no country should be allowed to hold straits as hostage", while advocating for international governance on global passageways.
Indian, Pakistani killed in falling debris incident in Abu Dhabi
Two people have died and three more injured after debris from a missile interception fell on Abu Dhabi's Sweihan street on Thursday.
