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.
H.H. Sheikh Mohammed unveils Dubai Metro's new Gold Line
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday unveiled Dubai Metro's new 24-km Gold Line that will be built at a cost AED 34 billion.
UAE, Syria meet on state visit to discuss bilateral relations
United Arab Emirates President His Highness Sheikh Mohammed bin Zayed Al Nahyan welcomed Syrian President Ahmed Al-Sharaa who is on a working state visit.
H.H. Sheikh Hamdan praises return to in-person learning in KHDA visit
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense, praised the flexibility of the education system in the United Arab Emirates following the return to in-person learning during a visit to the Knowledge and Human Development Authority (KHDA) on Wednesday.
UAE, Netherlands discuss regional developments and stability
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, met with Minister of Foreign Affairs of the Netherlands Tom Berendsen on Wednesday.
