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 and Syria's Al-Sharaa discuss expanding cooperation
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and his Syrian counterpart Ahmad Al-Sharaa have discussed expanding economic and development cooperation in a phone call on Thursday.
UAE condemns Houthi attacks on Saudi airports
The UAE has strongly condemned Houthi attacks on airports in Abha and Riyadh that killed three people and injured dozens of civilians.
New visual identity for Dubai’s addressing system
Dubai is rolling out a new visual identity and enhanced addressing system, introducing colour-coded area identities, updated street signs and house number plates.
Dubai lists 44 areas permitted to offer shared housing
More than 44 areas across Dubai have been approved for shared housing under new regulations aimed at reducing overcrowding and enhancing public health and safety standards.
