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 issues rain alert on Wednesday
The National Centre of Meteorology (NCM) has issued a rain alert on Wednesday, warning the public of a drop in visibility due to strong winds.
Storms forecast to intensify across UAE by Thursday
The heavy rain and storms affecting the country since Sunday are forecast to continue on Wednesday, before reaching a peak on Thursday and overnight into Friday.
UAE air defences intercept 5 missiles, 17 drones on Tuesday
The United Arab Emirates air defences intercepted five ballistic missiles and 17 drones on Tuesday, according to a statement from the Ministry of Defence (MoD).
UAE hosts Eid Al Fitr carnival for children in Gaza
An Eid Al Fitr carnival for children has been held in the Gaza Strip under the UAE's Operation Chivalrous Knight 3, as part of continuing efforts to bring joy to children in difficult circumstances.
UAE carries out over 8,000 inspections across markets to protect consumers
The Ministry of Economy and Tourism, in cooperation with the economic development departments across the UAE, carried out around 8,168 inspection visits to markets from February 28 to March 17.
UAE condemns Iranian attacks on Bahrain
The United Arab Emirates strongly condemned the Iranian attacks that targeted Bahrain that resulted in the death of a Moroccan civilian contractor in the UAE Armed Forces during a routine mission as part of the Emirati crew.
UAE President and NATO Secretary General discuss regional developments
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a phone call on Monday with Mark Rutte, Secretary General of the North Atlantic Treaty Organisation (NATO), to discuss the implications of ongoing military escalation in the region.
UAE, Slovenia condemn Iran attacks and regional developments
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan spoke to President of Slovenia Dr. Natasha Berk-Musar where she condemned the ongoing Iranian attacks against the UAE and countries of the region, which target civilians, civilian facilities and infrastructure.
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Pinoy Expat Corner
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Pinoy Expat Corner
What does someone working on a yacht usually do? Are they often out at sea, and how long do they usually stay there?
