Rents remain stable and sales are down, according to a new Dubai property report. CBRE’s Q3 2015 figures show sales rates declining around 2% from Q2 and around 6% year-on-year. When it comes to rents the global real estate advisor reveals that average rentals, within the residential sector, remained stable although affordable locations saw some growth. Another finding from the report details how the growing resident population has driven robust growth in the Dubai retail sector.
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.
