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UAE Property Market Resorts To Desperate Measures As Negative Publicity Mounts

UAE Property Market Resorts To Desperate Measures As Negative Publicity Mounts NEWS LINKS
Is The UAE Losing Its Charm?

A Stepfeed report

It seems tourists aren't really amused by Dubai anymore

The article speaks about Jumeirah Group, cutting 500 jobs, about hotels struggling with its occupancy levels during the second quarter of 2019, being at their lowest levels since 2009.

Several projects being on hold or canceled most prominently being one of those projects is Six Flags.
Which resulted in a settlement of $7.5 million to Texas-based Six Flags Entertainment Corp. for the fallout.

DXB Entertainments agreed to pay up to "retain exclusive right of first refusal for use of Six Flags' Intellectual property rights in the UAE for five years," according to Reuters.

The government has introduced different measures in a bid to challenge the slow economic growth rate.
Including lower business fees, Visa fees, issuing long-term visas for individuals, new residency visas, changes in laws that allow dependents to work, tourists to buy & drink alcohol, lower travel, stay & hotel fees

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Dubai Developer to pay School Fees.
ArabianBusiness.com: Dubai developer to pay buyer's school fees for a year.


Dubai developer Seven Tides has launched an exclusive promotion in collaboration with Dubai Heights Academy for its Seven Residences The Palm project to pay buyer's school fees for a year

The school offers Foundation Stage 1 through to Year 6,

Dubai Heights Academy teaches British Curriculum and teaches from stage 1 to stage 6

However, you would have to purchase an apartment pricing starts at AED 751,000 and the funny bit was that the apartments are not yet ready. It is estimated completion date of the third quarter of 2020.

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No Air-Conditioner in the UAE Tower?


Dubai tenants left sweating over air conditioning summer switch-off
Residents told their cooling service will be reduced for a number of weeks in order for 'emergency' maintenance work to be completed


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Minor Driving Offense in Dubai to be Pardoned

Dubai Police Chief says Drivers who commit minor offenses to be let off in Dubai. Those on their way to a fine discount will be given the benefit of the doubt

They have a special promotional offer if a driver doesn’t commit any offense
- for over three months they can get a 25 per cent discount,
- six months makes them eligible for a 50 per cent discount,
- nine months equates to a 75 per cent discount
- and 12 months qualifies them for a 100 per cent discount.

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36) UAE News: Driver Gets Free Car


Driver gets new car for following traffic laws in Dubai. He earned the reward as part of the police's 'white points system'.

In a surprise visit, the Dubai Police have delivered a brand new car to the house of UAE national Saif Al Sweedi, who won the prize for always following the traffic laws of the emirate.

On Monday, Al Sweedi's family received the car on his behalf at their residence in Al Khawaneej area, as the motorist was traveling outside the country.

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