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 says companies under US sanctions not operating in country
The Ministry of Justice said seven companies reportedly based in the UAE and sanctioned by the United States for ties to Sudan do not operate in the country.
Dubai Police arrests 222 beggars during Ramadan, Eid
Dubai Police announced on Friday it arrested 222 beggars during Ramadan and Eid, after a campaign was launched under the slogan “An Aware Society, Free of Begging,” in partnership with other government entities.
Dubai rolls out variable parking rates
Drivers will have to pay more for parking in some parts of Dubai starting Friday, with premium rates starting at AED 6 an hour.
Watch: UAE search, rescue team continues relief efforts in Myanmar
The UAE's search and rescue team is continuing its relief efforts in Myanmar following the recent earthquake.
H.H. Sheikh Hamdan unveils 'MyDubai Communities' platform
A new digital platform has been unveiled, designed to connect citizens, residents and visitors with a wide range of activities across Dubai.
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