Russian, UK and Brazilian investors are leading rush to buy apartments

Rates slip over booking cancellations ahead of key week for Dubai’s short-term lets

Multiple sources confirm that the ban by the master-developer cannot be enforced

UAE, Indian nationals top investor list, DLD says

But in terms of adding new projects and supply, emirate is moving with extreme caution

Operators have complained to DTCM, saying developers cannot change rules

Property owners are cashing in on Airbnb-style rentals - but landlords must ensure they have a permit from the authorities

Properties worth a total of $3.9 billion purchased through June, July and August - 33% increase on 2018

More than a third of Dubai’s population is aged between 22 and 36, and the vast majority are expats looking for high-quality accommodation close to work and leisure facilities.

Private developers’ share of new releases this year has dropped significantly

The new programme will provide houses for Dhs120 per day without any additional terms or fees.

All operators and individual owners must have a valid permit for practising the activity before marketing on online booking platforms.