Dubai

Dubai (/dˈb/ doo-BY; Arabic: دبي Dubayy, Gulf pronunciation: [dʊˈbɑj]) is the most populous city in the United Arab Emirates (UAE). It is located on the southeast coast of the Persian Gulf and is one of the seven emirates that make up the country. Abu Dhabi and Dubai are the only two emirates to have veto power over critical matters of national importance in the country's legislature. The city of Dubai is located on the emirate's northern coastline and heads up the Dubai-Sharjah-Ajman metropolitan area. Dubai is to host World Expo 2020.

Dubai has emerged as a global city and business hub of the Middle East. It is also a major transport hub for passengers and cargo. By the 1960s Dubai's economy was based on revenues from trade and, to a smaller extent, oil exploration concessions, but oil was not discovered until 1966. Oil revenue first started to flow in 1969. Dubai's oil revenue helped accelerate the early development of the city, but its reserves are limited and production levels are low: today, less than 5% of the emirate's revenue comes from oil. The emirate's Western-style model of business drives its economy with the main revenues now coming from tourism, aviation, real estate, and financial services. Dubai has recently attracted world attention through many innovative large construction projects and sports events. The city has become iconic for its skyscrapers and high-rise buildings, in particular the world's tallest building, the Burj Khalifa. Dubai has been criticised for human rights violations concerning the city's largely South Asian workforce. Dubai's property market experienced a major deterioration in 2008–09 following the financial crisis of 2007–08, but the emirate's economy has made a return to growth, with a projected 2015 budget surplus.

Latest News for: Rent apartment dubai

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My Own Home: Why Dubai couple love Dh800,000 three-bed apartment in Town Square

The National 14 Feb 2024
Rent for a three-bedroom apartment here in Town Square now is Dh120,000 a year ($25,896).Why choose this area to live in? ... Considering the good price we paid, this apartment is putting us in good stead to benefit even further as we are already thinking of buying a town house along the D54 road and renting out this apartment....
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UAE: RAK Properties hit Dh201.82 million net profit in 2023, shatter previous records

Khaleejtimes 13 Feb 2024
The company said the launch and sale of all 266 apartments in Julphar Residence on Reem Island, Abu Dhabi, were met with an overwhelmingly positive market response, successfully selling out ... Dubai ... Are tenants responsible for maintaining rented apartments? Emaar Development property sales jump 22% to Dh37.4 billion in 2023 ....
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Dubai: Are tenants responsible for maintaining rented apartments?

Khaleejtimes 11 Feb 2024
As you are residing in a rented apartment in Dubai, the provisions of Law No ... In Dubai, a landlord is liable to maintain the fixtures and fittings of a rented apartment unless it has been agreed in a tenancy contract that the tenant is responsible for maintenance works of such fixtures and fittings....
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My Dubai Rent: Resident's City Walk home reminds her of New York

The National 04 Feb 2024
My Dubai Rent takes you inside a reader's home to have a look at what they get for their money, how much they pay in rent and asks them what they like and don't like. Salwa Attiga pays Dh170,000 for a one-bedroom apartment in Dubai's City Walk ... My Dubai Rent....
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Dubai records widening gap between renewal and new lease rents

The National 03 Feb 2024
Although residential rents continue to rise in Dubai, the pace is slowing down, the research found ...Villa rents have risen 16 per cent year-on-year and are ... Apartment rents in Dubai increased between 20 per cent and 30 per cent in 2023, according to data compiled by Better Homes....
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Changes to eviction notices put Dubai tenants on alert

The National 02 Feb 2024
Eviction notices in Dubai may now be transferable between owners, with recent cases tested in rental disputes favouring landlords trying to offload properties with sitting tenants ... In the current booming housing market with soaring rents, Dubai tenants and landlords have been at loggerheads ... How to rent an apartment in the UAE....
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Dubai: Residents of Gardens community 'heartbroken' after receiving eviction notices

Khaleejtimes 01 Feb 2024
For 24 years, Sushma transformed her rented apartment in Gardens into a cherished family home — her almost 'forever home' — until an eviction letter was stuck on her door 15 days ago ... New tenants pay higher rents than existing occupants as rental gap widens Dubai ... Dubai, Sharjah....
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