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.
Five more UAE aid convoys enter Gaza carrying 980 tonnes of relief aid
Five UAE humanitarian aid convoys have entered the Gaza Strip this week through 62 trucks carrying 980 tonnes of relief supplies under Operation Chivalrous Knight 3.
RTA approves five-year plan to expand soft mobility network
Dubai's Roads and Transport Authority (RTA) has approved a five-year plan to expand the emirate's soft mobility network, such as pedestrian crossings and cycle lanes, through to 2030.
UAE calls for immediate de-escalation following recent regional developments
The UAE has expressed its deep concern over the developments that the region witnessed over the past few days, calling for an immediate halt to the escalation to avoid worsening tensions and instability in the region.
UAE Public Prosecution expands investigation into false Dubai explosion report
The UAE Public Prosecution has expanded its investigation into the publication of the false report claiming explosions were heard in central Dubai.
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