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Residential market heads for ‘soft landing’

The residential market in Dubai is heading towards a soft landing with “a gradual recovery” in 2017 following a period of restraint in the wake of oil price volatility and negative investor sentiment, Knight Frank said. “While it’s difficult to predict when the next growth cycle will be, the report expects the residential market to…

Dubai rents: Popular areas post increases

Overall housing costs post decline but certain communities still exhibit price jumps of up to 11% Dubai rents: Popular areas post increases Overall housing costs post decline but certain communities still exhibit price jumps of up to 11% Published: 10:20 September 22, 2016 Cleofe Maceda, Senior Web Reporter Dubai: Housing costs in Dubai remained generally…

This Dubai library has been designed using recycled vehicle parts

Dubai Municipality says the concept is creative and innovative The Dubai Municipality (DM) Transportation Department has launched a library using recycled vehicle parts. The municipality has prepared its first library with books specialised in engineering and mechanical maintenance, innovation and management sciences and religious materials in several languages in order to open the door for…