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.
Gargash hails flydubai pilot as hero after security incident
Dr. Anwar Gargash, Diplomatic Adviser to the UAE President, has praised flydubai pilot Smit Machchhar for his actions during the recent security incident involving flight FZ1073.
14 arrested, drugs worth AED 115 million seized in Dubai Police operation
Dubai Police have arrested 14 members of an international criminal network and foiled an attempt to smuggle drugs, weighing 2.3 tonnes and estimated to be worth over AED 115.1 million, hidden inside 113 cartons.
UAE condemns Houthi drone attack on Madinah power station
The UAE has strongly condemned a Houthi drone attack on the Taiba power distribution station in Madinah, Saudi Arabia.
Emirates flight to London diverted following medical emergency
An Emirates flight from Dubai to London Heathrow was diverted to Frankfurt due to a medical emergency involving a passenger onboard.
Dubai private school enrolment up 4.6% for new academic year
Dubai's private schools saw 406,563 students enrolled for the 2026-27 academic year, marking an annual increase of 4.6 per cent, the Knowledge and Human Development Authority (KHDA) announced on Thursday.
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