One of Dubai’s most affluent communities has registered a deal worth AED 93 million. A buyer paid nearly AED 2,300 per square foot in Emirates Hills, despite a report showing Dubai’s real estate market is slowing down. Real estate investment and advisory firm JLL MENA say residential prices have dropped by 11% over the last year, and rental prices are also decreasing. The downtrend is expected to continue for the rest of the year.

Sharjah Police recovers AED 500,000 in stolen goods in under 3 hours
UAE launches annual award to honour changemakers
UAE welcomes Gaza agreement for Hamas disarmament
Sheikh Abdullah meets UK Foreign Secretary in London
H.H. Sheikh Hamdan attends GCC joint military drill in Bahrain
UAE President discusses regional developments with Syrian counterpart
UAE strongly condemns renewed Iranian hostile attack on Kuwait
UAE condemns Damietta Port incident, Egypt investigation continues
