With top speeds of 320 km/hr, air taxis in the UAE could cut travel time between Dubai Airport and Palm Jumeirah from 30-45 minutes to 10 minutes. That is according to Ahmed Bahrozyan, CEO of the Public Transport Agency at Dubai’s Roads and Transport Authority. “With the speed, range and limited charging time, these vehicles can take passengers from Dubai Airport to the vertiport in Palm Jumeirah...
Dubai’s regulatory authority imposed fine of Dh50,000 each to 30 real estate companies for failing to comply with the terms and conditions specified in real estate advertisements. The Real Estate Regulatory Agency (Rera), the regulatory arm of the Dubai Land Department (DLD), established terms and conditions to govern advertisements and curb negative practices within the industry. The authority asked...
Dubai: For many expats, owning a home is a long-term goal, and a mark of financial stability, to which many assume huge amounts need to be saved/invested for years. However for UAE residents, it might actually be better – and cheaper – to buy instead of renting. Paying Dh6,000 for 20 years in rent sums up to around Dh1.4 million – this is without accounting for inevitable rental increases. In the...
Dubai has secured third place among Top 10 prominent global cities – besting NewYork, London, Tokyo, Sydney, Johannesburg, Paris and San Francisco – based on therecent rankings by UK-based The Economist. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai andChairman of The Executive Council of Dubai, tweeted about this achievement onFriday, saying: “Dubai secured the third...
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