In addition to citizens from the newly included countries, the tourist visa has been extended to seven other categories
Interest is rebounding in The Springs, Dubai's most popular place to rent a villa. At around 6 per cent cheaper to buy or rent a villa, searches in The Springs were up 32 per cent, according to Propertyfinder Group which compiled search behaviour on its portal for Q2 and Q3 of 2017.
Jumeirah Village Circle and Studio City both experienced increased interest. JVC, where rents were down 12 per cent for a villa, experienced a glut of supply with a 55 per cent increase in listings. Demand followed with a 27 per cent increase in residential searches.
On the commercial side, Umm Ramool, one of Dubai's oldest industrial areas, experienced new interest. Searches for commercial space were up 120 per cent, with a 50 per cent spike in leads per listing (i.e., people expressing interest in a property).
It was announced late last year that the airport-adjacent area is getting a 2.1 million square foot free zone dedicated to e-commerce, including office space and fulfillment and logistics centres, to be called Dubai CommerCity, a joint venture between Dubai Airport Freezone Authority and wasl Asset Management Group.
Sharjah's Al Wahda and Muwaileh, despite downward pressure on prices, both saw an uptick in interest. Al Wahda quadrupled its search volume, while Muwaileh was up 72 per cent.
In the capital, Abu Dhabi's Downtown is becoming more popular (+71 per cent search volume). Masdar City's residential searches tripled in 2017.
- deepthi@khaleejtimes.com
In addition to citizens from the newly included countries, the tourist visa has been extended to seven other categories
Al-Najjar, one of the three hospitals in Rafah, is no longer functioning due to the ongoing hostilities in the vicinity and the military operation in Rafah
The tweet also informed people of the different details that a single ID card can provide
Airport expected to increase its capacity to 25 million passengers annually by 2027
Core taxi segment revenue up 15% year-on-year
The precious metal has climbed approximately 12% this year
Since last month, many residents have resorted to expensive alternatives like taxis, while others endure significantly longer travel times
In authorised school buses, drivers and nannies are trained to conduct thorough checks of the bus before locking and leaving it