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 sends more relief aid to flood-hit Nepal
A second UAE relief aircraft has arrived in Nepal, carrying 45 tonnes of aid for people affected by floods and landslides.
UAE denies reports Al Minhad Air Base was targeted
The UAE Ministry of Defence has denied reports that Al Minhad Air Base was targeted by missiles.
UAE and South Korea hold joint military exercise
UAE Land Forces have taken part in a military exercise in South Korea, alongside units of the Korean Army.
UAE forces intercept drone over territorial waters
The UAE Armed Forces have dealt with a drone over the country's territorial waters that came from Iran, according to the Ministry of Defence.
