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 launches aid mission for hurricane-hit Caribbean nations
The UAE has launched an urgent humanitarian mission to assist communities affected by Hurricane Melissa, which devastated parts of Jamaica, Haiti and Cuba.
H.H. Sheikh Khaled holds talks with South Korean President
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, looked at ways to advance cooperation with South Korea in key sectors during talks with President Lee Jae-myung in Gyeongju.
UAE fuel prices to drop in November
Motorists will pay less at the pump in November, the UAE Fuel Price Committee confirmed on Friday.
Abu Dhabi Crown Prince arrives in South Korea for APEC Forum
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has arrived in South Korea on Thursday to attend the Asia-Pacific Economic Cooperation (APEC) Forum.
