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.

UAE President accepts US invitation to join Board of Peace
UAE condemns terrorist attack in Kabul
Sheikha Latifa holds bilateral talks with Bahraini delegation at World Economic Forum
Sharjah Ruler approves 1,000 jobs, new scholarships
UAE named among top 10 global super powers for fourth year in a row
