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Dubai, Abu Dhabi, Sharjah becoming ‘more affordable’

New report says UAE cities have slipped down global list of most expensive cost of living since January Three UAE emirates – Dubai, Abu Dhabi, and Sharjah – are becoming “more affordable” cities this year, according to Numbeo’s latest report. In its mid-year 2017 cost of living index, the consultancy, which claims to have the…

New Dh5b tower complex project unveiled in Dubai

The Emirates Tower Business Park is expected to be completed in four years Dubai: A Dh5 billion tower complex was launched on Tuesday by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The Emirates Tower Business Park will add a value to the business…

Ride along: Nakheel opens monorail station on The Palm

Station accessible to tenants in Golden Mile, other residences on The Palm Jumeirah Dubai: Residents and visitors at The Palm Jumeirah will now have better public transportation service, with one major station just opening up. The facility provides easy access to residents at the Golden Mile and Shoreline Apartments, some of the popular residential locations…

Dubai house prices, rents bottoming out: analyst

Investors regaining interest as they now see Dubai a better-value option compared to other markets Dubai: After a three-year slump, house rents and prices in Dubai appear to have reached their lowest points, and investors are now increasingly interested in the market, according to a property analyst. Propertyfinder, in its latest report, said it looks…