January 2024

Dubai to host world’s first jet suit race

Scheduled for February 28, the unique aerial competition will take place concurrently with the Dubai Boat Show, allowing exhibition visitors to witness the event. The inaugural Dubai Jet Suit Race, declared by the Dubai Sports Council, will mark the world's first competitive event where participants take to the air without the assistance of an aircraft. Instead, contenders will navigate a predefined...

Dubai’s property boom shows signs of fizzling out

Privately, developers, investors, and brokers are inquiring about the potential speed at which the market might undergo a turnaround. Dubai's property market, once soaring with cranes dotting the skyline and luxury homes changing hands at record prices, is displaying signs of a potential slowdown. Developers and investors are cautiously assessing the risk of a correction...

42,000 residential units will be delivered across Dubai, Abu Dhabi in 2024 – JLL

The increasing demand has been a key factor in the continued rise of average villa sale prices in Dubai. In 2024, the property market in the UAE is poised for significant growth, with the delivery of 42,000 residential units anticipated across Dubai and Abu Dhabi. According to a report by JLL, Dubai is expected to witness the completion of approximately 34,000 units, while Abu Dhabi is slated to add...

Dubai offers free parking, taxi fare discounts for tourists with special needs

Individuals with determination have the option to request complimentary parking through the RTA's website or app, or they can visit a customer happiness center in person to make the application. Photographs captured by Angel Tesorero showcase participants at the 4th Accessible Travel and Tourism International Conference. On Thursday, officials from both the Roads and...

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