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This pattern is repeated in most sectors of the Dubai market. Buying off-plan re-sales is rather different; there are still many greedy speculators sat on partial payments whose price expectations are very ambitious. But of …Read full article » United Arab Emirates: Wednesday, May 04 - 2005 @ 14:18
Dubai property investors are a pretty smug and self-satisfied bunch. Those who bought early have made spectacular profits, and almost everyone has been a winner so far.
But inflation could prove the icing on the …Read full article » United Arab Emirates: Saturday, April 30 - 2005 @ 10:20
Estate agents in Dubai report that the re-sale market has sparked back to life after several dormant months. Possibly the sharp increases in local rental costs are forcing potential buyers to reconsider, and this is …Read full article » United Arab Emirates: Sunday, April 24 - 2005 @ 16:38
Later this month the City of Arabia will be rolled-out, the latest Dubai mega project, and a key element of the multi-billion dollar Dubailand theme park, Dubai’s upcoming answer to Disneyland for the Middle East.
Ilyas …Read full article » United Arab Emirates: Saturday, April 16 - 2005 @ 09:22
It is hard to gauge exactly why sales in the Dubai secondary market have slowed down over the past couple of months. But higher US interest rates, slower global economic growth rates, and competition from …Read full article » United Arab Emirates: Monday, April 11 - 2005 @ 16:57
Spotting an investment bubble is never really that difficult. All you have to do is look at a graph of price movements, and when the line turns almost vertical you know that this must be …Read full article » United Arab Emirates: Sunday, April 03 - 2005 @ 15:34
After accommodation owning a car is probably the biggest expense for many people. One hidden advantage of living in Dubai is that car ownership is quite incredibly inexpensive.
First, vehicles cost the lowest global price, tax …Read full article » United Arab Emirates: Saturday, March 26 - 2005 @ 12:07
But Dubai real estate has definitely benefited from the hunt for alternative investments. Just how much capital has come back to the Middle East from Western markets since 9/11 is a source of some debate. …Read full article » United Arab Emirates: Sunday, March 20 - 2005 @ 12:08
Until a few years ago both Dubai and Shanghai were closed to foreign buyers. Dubai, the UAE and most of the GCC limited ownership to nationals, while in the People’s Republic of China all property …Read full article » United Arab Emirates: Thursday, March 10 - 2005 @ 08:52
The Dubai Government seems to have been pulling out all the stops to keep the local property boom from getting out of hand.
A slew of major project announcements – from the Dubai Waterfront mini-city …Read full article » United Arab Emirates: Saturday, March 05 - 2005 @ 10:12