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 President arrives in Slovakia on working visit
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has arrived in Slovakia on a working visit.
Emirati mountaineer becomes youngest Arab to climb over 7,000 metres
Emirati mountaineer Fatima Abdulrahman Al Awadhi, 19, has become the youngest Arab to reach an elevation of over 7,000 metres and summit Lenin Peak.
UAE stands in solidarity with Japan after deadly earthquake
The UAE has expressed solidarity with Japan after a 7.1-magnitude earthquake shook its southern region on Tuesday, killing at least 13 people, knocking out power to thousands of homes and rupturing roads across the region.
UAE Floating Hospital fits 51 prosthetic limbs for Palestinian amputees
The United Arab Emirates Floating Hospital in Al Arish, Egypt has successfully fitted prosthetic limbs for 51 Palestinian amputees as part of 'Operation Chivalrous Knight 3'.
