Saturday, May 31, 2025

Dubai records

Dubai records an increase in real estate prices by 20.7% and rents by 21.2%

A recent report issued by CBRE Real Estate Consulting revealed that average residential property prices in Dubai increased by 20.7%, and rents by 21.2% in March 2024. Residential properties in Dubai recorded double-digit growth in both sales prices and rents...

Dubai records a rise in inflation to 3.91%, led by housing

Residential prices in Dubai, which represent the largest weight in the inflation index, rose by 6.5% in April compared to a rise of 6.3% last March. Has risen Inflation The annual rate in Dubai reached 3.91% last April compared to...

Latest News

UAE-Pakistan travel: PIA relaunches direct flights from Dubai to Skardu

Pakistan International Airlines (PIA) announced on May 30 the re-launch of its direct service between Dubai International (DXB) airport...

Schengen visa scam in UAE: Fake travel agents charging Dh4,000, experts warn

With the summer travel season in full swing, UAE residents are being warned about fraudulent travel agents charging thousands of dirhams per person for...

Dubai: No private parking? Residents may need to pay Dh500 for a spot this summer

With the Eid Al Adha break starting next Thursday, many UAE residents preparing for summer travel are facing an unexpected hurdle - soaring private...

UAE introduces new service to verify academic degrees of private sector employees

A new digital project launched in the UAE will help verify the academic qualifications of private sector workers, authorities announced on Monday. The service...

UAE: Minimum bank balance requirement of Dh5,000 suspended

The Central Bank of the UAE on Tuesday asked banks not to increase the minimum balance requirement from Dh3,000 to Dh5,000 for retail customers. The...