Residential property prices

Residential property prices increased by 89% from September 2021 to September 2022.

According to the consulting group, Knight Frank. TOP areas in price growth of luxury home sales:

• Palm Jumeirah
• Emirates Hills
• Jumeirah Bay Island

From January to September 2022, 152 properties with $10 million plus price tag were sold. This is 64% higher than the same period in 2021.

Sonder Holdings, leading hospitality company, has opened new 35-story, 400-room Sonder Business Bay hotel.

Business Bay Benefits:

• Pool
• Parking
• Fitness centre

When booking on website 15% discount. Until November 15, 2022, the hotel provides an additional 10% discount using promo code DUBAIBAY10. You can book for period until December 15, 2022.

UAE's national railway network, Etihad Rail, has concluded tracklaying works for the main line in Sharjah and Ras Al Khaimah.

Earlier, new railway was reported to be built between the UAE and Oman.