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 Cabinet approves AED 292.5 billion for 2027-2029
The UAE Cabinet has approved a budget of AED 292.5 billion for 2027-2029, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai, announced on Monday.
Dubai arrests group over fake Google reviews targeting company
A group of people have been arrested in Dubai for posting false, negative reviews on a company’s Google Maps page in an attempt to damage its reputation and cause financial losses.
UAE to train 50 young content creators on water sustainability
Fifty youngsters will be trained to create meaningful and engaging stories online with the power to influence and raise awareness on water sustainability under a new UAE programme.
UAE condemns continued Houthi attacks on Riyadh airport
The UAE has strongly condemned continued Houthi attacks on King Khalid International Airport in Riyadh, which injured a number of civilians.
