Dubai's real estate market is experiencing a significant shift towards short-term rentals, with investors reporting returns up to 20% higher compared to traditional long-term leases. This trend is driven by the growing demand for flexible accommodation options, particularly from tourists and business travelers. The booming tourism industry and Dubai's status as a global hub have contributed to this surge,...
Sheikh Mohammed bin Rashid Al Maktoum announced a Dh30 billion project to enhance Dubai's rainwater drainage system. Named 'Tasreef', this initiative aims to boost the drainage capacity by 700%, covering the entire emirate. Scheduled for completion by 2033, it's designed to handle over 20 million cubic meters of water daily, making it one of the largest systems in the region. The project will use advanced...
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