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The outlook on the UAE real estate market is generally positive. It has been forecast that the real estate market in the UAE will benefit strongly from the increasing economic ties with China and South Korea as well as sub Saharan Africa and Australia. This was stated by the leading Property consultancy Jones Lang LaSalle (JLL) in its recent report.
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DUBAI // Early morning fog blanketed the country for the third consecutive day yesterday causing yet more problems for air passengers
Eight flights coming into Abu Dhabi International Airport were diverted to alternative airports in the UAE and Oman. One flight went to Dubai, one to Muscat, three to Al Ain and a further three to Sharjah.
In 2016 UAE's real estate sector going to remain stable as developers modified to reduced oil prices, less government spending and a significantly slower rate of economic development than in recent years by decreasing levels of new supply.