One of Dubai’s most affluent communities has registered a deal worth AED 93 million. A buyer paid nearly AED 2,300 per square foot in Emirates Hills, despite a report showing Dubai’s real estate market is slowing down. Real estate investment and advisory firm JLL MENA say residential prices have dropped by 11% over the last year, and rental prices are also decreasing. The downtrend is expected to continue for the rest of the year.

UAE President and Rulers offer condolences to H.H. Sheikh Mohammed
Sheikh Ahmed bin Rashid Al Maktoum laid to rest
UAE, partners renew push for Gaza peace plan
Sharjah Ruler approves major leisure project in Kalba
