Dubai’s real estate prices will continue to soften into 2016, before recovering in the buildup to Expo 2020. That’s according to new research from the property services firm JLL MENA, which says the increased focus on affordable housing in Dubai is a sign of maturity in the market. The report also shows residential prices have dropped by 11% over the year, while rental prices have also decreased. Craig Plumb, Head of Research for JLL explained the changes to ARN.
Listen
Dubai unveils region's first integrated recreational vehicle route
Dubai Municipality has announced the launch of the region’s first integrated recreational vehicle route, called the ‘Dubai RV Route’, creating a new model for nature-based tourism in the emirate.
RTA deploys drones to inspect Dubai Metro tunnels
Dubai’s Roads and Transport Authority (RTA) has begun using drone technology to inspect Dubai Metro tunnels, in partnership with metro operator Keolis MHI.
Emergency calls surge amid weather fluctuations in Dubai
Dubai Police say public enquiries surged during recent weather changes, with a total of 39,299 calls handled over Thursday and Friday.
UAE President discusses strategic partnership with Elon Musk
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has discussed the importance of strategic international partnerships with American tech entrepreneur Elon Musk during his visit to the UAE on Sunday.
