• UAE world's second hottest property market, beats Singapore, UK

    emirates247.com 21 Sep '15, 2am

    The UAE has been named the second hottest market for global residential property investors ahead of Singapore, the United Kingdom and Hong Kong, according to Savills, a UK-based real estate advisor. “The UAE’s domestic wealth creation and growing population and regional demand make it...

  • Dubai vs Mumbai (or Singapore): Which is cheaper to live and work in?

    Dubai vs Mumbai (or Singapore): Which is cheaper to live and work in?

    emirates247.com 13 Oct '15, 3am

    Dubai is among the cheapest cities to live and work as compared to 12 other major real estate markets, as cost of accommodation has fallen significantly in the past seven years, says a new report. In its '12 Cities: Occupying and investing in world city real estate' report, Savills Wo...

  • Global property tax: Dubai cheaper than London, Mumbai, Singapore https://t.co/8WZgXJ1Ydr

    Global property tax: Dubai cheaper than London, Mumbai, Singapore

    emirates247.com 23 Nov '15, 5am

    Expatriate real estate buyers in Dubai have to pay one of the lowest property taxes in the world, reveals a new report. The emirate, where property yields can go as high as 8 per cent per year, has a tax cost of 3.6 per cent of the property price over a five-year period, a fraction be...

  • Dubai's Cars Taxi to drive into Saudi, Singapore this year: CEO

    Dubai's Cars Taxi to drive into Saudi, Singapore this year: CEO

    emirates247.com 18 Jun '15, 3am

    Dubai-based Cars Taxi Group will drive into two new markets this year by plying 1,000 more vehicles with an investment to the tune of more than Dh200 million, its chief executive said. Abdullah Sultan Al Sabbagh said the company, which has presence in Malaysia, India, Kuwait and Qatar...

  • Rolex sale in hotel turns into blackmail nightmare for Dubai Briton

    emirates247.com 07 Oct '15, 4am

    The Dubai Criminal Court has heard the case involving a British visitor, DB, 29-years-old, accused of theft and trying to blackmail a man out of Dh300,000. The victim, T M, 45, also British, said in the investigation that he wanted to sell his Rolex watch, worth Dh36,000, and told his...

  • F1: Singapore Grand Prix on alert over haze threat

    F1: Singapore Grand Prix on alert over haze threat

    emirates247.com 13 Sep '15, 8am

    Since the inaugural Singapore Grand Prix in 2008, drivers have been routinely quizzed about how they would cope with a tropical downpour during the only Formula One race held entirely under floodlights. After seven years of bone dry races, the answer still remains a mystery, but a dif...

  • US woman at airport with bullet in handbag

    emirates247.com 28 Jul '15, 4am

    Police in Jamaica say a US tourist has been charged with illegal possession of ammunition after customs officials at an island airport allegedly found a bullet in her handbag. A Monday police statement says the American woman was about to board a flight when she was stopped by securit...

  • Dubai invites you to shred a 'designer' handbag for just Dh1

    emirates247.com 01 Jul '14, 6am

    Dubai’s Department of Economic Development (DED), as part of its Ramadan initiatives, has launched a campaign to enable the public join the fight against counterfeiting and at the same time help the needy. The campaign, which draws attention to the hazards of counterfeiting, is being ...

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