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The residential rentals in Dubai declined by 3 percent during the second quarter of the year, says the latest ADIB/MPM Properties Real Estate report.
The sale of apartments in Dubai during second half of the year showed a general shift towards more affordable properties, as per new report by Asteco.
An investment of about Dh120bn may be made for development of UAE airports to meet the growing passenger demand and for cargo shipment.
More than 300 new jobs have opened up in Al Futtaim Group across its various business divisions.
As per the PwC Report, UAE can grow into a world-class leisure and entertainment destination and compete against cities such as Singapore, Orlando and Hong Kong, if it takes a holistic approach to exploit its unique geographical positioning, high quality attractions and investment in infrastructure.
The Business Bay in Dubai is once again the buzz of activities, after a lull of few months, as a three-way alliance involving Arabian Gulf Properties, Fortune 5 and Time Properties have made way into a new 26-storey residential project, namely AG Tower, at the master development.
According to an economist, the cost of living in Dubai is already showing signs of slowing down and consumers can breathe a sigh of relief.
The regions MICE (Meetings, Incentives, Conferences and Exhibitions) venue operator, namely, the Dubai World Trade Centre, has now been converted to a free zone.
The UAE companies looking to save on high cost of recruiting international talent are open to the idea of hiring locally available professionals on part-time basis.
A leading real estate developer, Dubai Properties has revealed plans to unveil its latest townhouses project at Mudon community in Dubai, featuring modern design elements with a light and modern colour scheme.
The worlds largest annual airport show concluded successfully in Dubai this week, with the B2B platform witnessing strong industry engagement, and involving participation of more than 8000 professionals at the event.