- News
- More passengers at Sharjah International Airport, licenses for new taxi services and falling prices of real estate
According to the digital platform, Property Monitor, real estate prices in June fell for the first time in the year
By 0.31% compared to May 2022. The average price per m² was $2,985. The volume of transactions reached 8,865 and became the second largest in June on record. The report for June 2022 from the ValuStrat consulting group was previously published. Price Index (VPI) increased by 1.1%.
Dubai's Roads and Transport Authority announced that 5 new taxi services have received licenses to operate in Dubai
They will operate in addition to Uber and Careem. Areas with the highest taxi demand:
- Deira
- Business Bay
- Al Barsha
Sharjah International Airport (SHJ) sees 143% jump in passengers during H1 2022
The airport received 6 million passengers. Additionally, the airport witnessed a considerable growth in the number of flights: H1 2021 – 21,709 H1 2022 – 41,189
More about real estate
Discover the insider knowledge of Dubai real estate from our agents: expert analysis and in-depth information on the city and its property market.
Listen to podcasts from our real estate agents and stay up to date on the Dubai property market: latest news, expert advice, and more.
all podcasts
Stay up to date on the latest trends and developments in the Dubai real estate market with our informative articles. With insights and advice from industry experts, our blog is a valuable resource for anyone interested in the Dubai property market.
All articles