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Residency Cancellations, Spudbros In AD & Toyota Building Demolition
It’s a whirlwind of news today, so if you wanna hear more about the community, politics, inspo, food, and more… just scroll buddyyyy
NEWS
Egypt Denies Claims Of Mass-Cancelled Egyptian Residencies In The UAE
Egypt’s Foreign Ministry has denied reports of widespread dismissals of Egyptian workers in the UAE, saying the videos circulating on social media relate to separate individual cases.
Speaking to AhramOnline, Assistant Foreign Minister Haddad El-Gohary said the ministry verified several cases shared on social media with UAE authorities.
He said the UAE is reviewing residency permits and entry visas, but stressed there is no broader issue affecting Egyptian workers.
Emirati politician Anwar Gargash has also dismissed online rumours that the UAE is cancelling residency visas for people from certain countries, calling the claims false.
He added that under UAE rules, residents generally cannot stay outside the country for more than six months, and this applies to all nationalities. Some cases also involved people who entered on tourist visas but were unable to secure jobs or switch to work visas.
SHARABLES
🍿Sharable bits and tips!
The Real Madrid star @fedevalverde shared a dump from his Dubai getaway, and naturally, a beachside camel moment had to make the cut 🐪
You know you’ve had the full Dubai experience when the crows come for you 😂
Dubai’s iconic Toyota building will be demolished in 2027 🥲
It's coming HOMEEEE 🥔 @therealspudbros confirmed it's opening in Abu Dhabi 🥳🥳🥳
A windshield clean-up turned into a court case and a AED50,000 fine!
Big brother duties = officially ON 🥹🫶 He made sure his little sister was safely by his side as they crossed the road, and honestly… sibling love just hits different 😭
Dubai’s Property Market Is Picking Up Again
Dubai’s residential property market is showing signs of a comeback, with buyers returning and the ready market leading the latest growth. According to Property Finder and Mortgage Finder, 9,217 residential transactions worth AED 34.9 billion were recorded in July, up 3.8% in volume and 5.2% in value from June.
The biggest jump came from the secondary, or ready, market, where transactions rose by around 18%, suggesting stronger demand for properties buyers can move into or invest in immediately.
Apartments vs. villas
The data also reveals a clear divide between Dubai’s apartment and villa buyers. Around 68% of villa sales were mortgaged, compared to just 20% of apartment sales. This points to stronger owner-occupier demand for villas, while apartments continue to attract more cash-heavy investors.
Buyer confidence is also returning. 68% of home seekers now plan to buy within six months, while the share expecting prices to fall further has dropped to 52%, down from a post-conflict peak of 73%.
Sellers are holding their ground too, with asking prices remaining relatively stable for a second consecutive month. Overall, July points to a market finding its balance again, with buyers returning, sellers becoming more confident and Dubai’s residential sector moving back into growth.
A RUN FOR SNEAKERS
Nike’s latest footwear innovation, Nike Mind, is officially landing in the UAE at Sun & Sand Sports from August 20, and sneaker fans will want to move quickly 🏃♀️
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