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.
Dubai's RTA opens first phase of Hessa Street upgrade
Dubai’s Roads and Transport Authority (RTA) opened phase one of the Hessa Street Development Project, extending from Al Khail Road to Sheikh Zayed Road over a length of 4.5 km.
Emirates Red Crescent finalises housing support to flood victims in Malaysia
The Emirates Red Crescent (ERC) has launched its final phase of an AED 11.2 million housing project for families affected by floods in the Malaysian state of Pahang.
1 Billion Followers Summit positions UAE as 'global leader in content economy'
The fourth edition of the 1 Billion Followers summit has concluded on Sunday, positioning the UAE as a "global leader in content economy," according to Mohammad Al Gergawi, Minister of UAE Cabinet Affairs.
UAE cyber authority warns of rise in AI-driven online scams
The UAE Cybersecurity Council has warned artificial intelligence is making online fraud harder to detect, as criminals increasingly use advanced tools to create highly convincing scams.
Dubai’s Roads and Transport Authority (RTA) opened phase one of the Hessa Street Development Project, extending from Al Khail Road to Sheikh Zayed Road over a length of 4.5 km.
The Emirates Red Crescent (ERC) has launched its final phase of an AED 11.2 million housing project for families affected by floods in the Malaysian state of Pahang.
The fourth edition of the 1 Billion Followers summit has concluded on Sunday, positioning the UAE as a "global leader in content economy," according to Mohammad Al Gergawi, Minister of UAE Cabinet Affairs.
