Did you know that 2 percent of Dubai's households are holiday homes?
That's according to a new report by Knight Frank, which also showed this is the highest amount compared to other key global hub cities.
The survey also noted 20,000 properties were listed on the rental platform Airbnb, 10,000 of which were active in 2018.
It is five years since vacation homes have been regulated in the Emirate.
Sheikh Mohammed approves Dubai Government budget
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has approved the Government of Dubai's general budget cycle for 2026-2028, and the Dubai Government’s general budget for the fiscal year 2026.
UAE launches 'National Space Industries' programme
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of the Supreme Space Council, has chaired the latest meeting of the UAE Space Council and reviewed the new strategic approach for the space sector.
UAE launches $1 billion 'AI for Development' initiative in Africa
The UAE has announced the launch of the "AI for Development" initiative, worth $1 billion, to support and finance artificial intelligence projects in African countries.
UAE President begins working visit to Bahrain
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has arrived in Bahrain on a working visit.
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has approved the Government of Dubai's general budget cycle for 2026-2028, and the Dubai Government’s general budget for the fiscal year 2026.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of the Supreme Space Council, has chaired the latest meeting of the UAE Space Council and reviewed the new strategic approach for the space sector.
The UAE has announced the launch of the "AI for Development" initiative, worth $1 billion, to support and finance artificial intelligence projects in African countries.
