The UAE’s affordable luxury real estate sector is experiencing significant growth, with a 34% surge in transaction values in 2024 and forecasts indicating a 5-10% increase in property launches targeting this segment in 2025. Dubai’s luxury market saw a 26% year-on-year increase in transaction prices for apartments in sought-after areas, reflecting a maturing market with balanced supply and demand. Projections suggest the market will maintain a 2.28% annual growth rate from 2025 to 2029, reaching an estimated value of AED 2.79 trillion by the end of the decade, driven by strong economic policies and urban development strategies.
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Syria announces arrests over Damascus church attack
Syrian authorities have arrested several suspects linked to a suicide bombing at the Saint Elias church in Damascus that killed 25 people and injured 63, with President Ahmed al-Sharaa promising justice for the attack attributed to the Islamic State group. This incident, the first church bombing since the civil war began in 2011, highlights ongoing security challenges and has drawn international condemnation, urging protection for minority communities. Explain It To Me Like I'm 5: Some...
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