Did you know that 2 percent of Dubai's households are holiday homes?
That's according to a new report by Knight Frank, which also showed this is the highest amount compared to other key global hub cities.
The survey also noted 20,000 properties were listed on the rental platform Airbnb, 10,000 of which were active in 2018.
It is five years since vacation homes have been regulated in the Emirate.
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 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.
UAE carriers extend flight cancellations to Saudi Arabia amid regional disruption
Etihad Airways and flydubai have cancelled more flights between the UAE and several cities in Saudi Arabia following the airport attack on King Khalid International Airport in Riyadh on Saturday.
