Dubai real estate market likely to stabilize by 2010 »
Posted By altnrg 1 year, 5 months ago in Business & FinanceWith vast supply of properties expected to hit UAE property market during the coming years, the realty sector in UAE will witness a demand-supply balance during 2010-2011
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emhaComment removed: Hard Banned11 Replies
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_kam0_1 year, 5 months ago
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Ahem, "stabilize" in this instance is a euphamism for "collapse". Dubai is a desert folly. In trying to diversify away from oil and gas (the UAE was never a big producer relative to its neighbours) it has embarked on the most ridiculous construction spree in history; on the backs of immigrant labourers/slaves. Build it but this time they won't come. Watch the tumbleweed amongst the skyscrapers in a few years time.
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Hobe1 year, 5 months ago
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Dubai real estate market likely to stabilize by 2010
BJ bill and hillary clinton are getting rich off the Dybai BS.
No surprise here, corrupt Pigs are corrupt pigs....
Imagin these Immoral decptive Liars in the Whithouse again?
Thank Goodness for Obama....
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nawazshahzad1 year, 1 month ago
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hi
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Overall it's an informative post and i do agree what has been said over here. But i believe that signs of a market slowdown has been there since the beginning of the summer 2008. Also many fears that it is primarily due to liquidity crunch in the market as well as the Dubai property investors sentiment being low due to global economic slowdown. But you know that i consider it as temporary halt in the real estate investment activity and will recover from it, as the fundamentals of Dubai property market are quite strong then other global property markets.
Cheers
Nawaz
Landmark Property Dubai LLC
http://www.landmark-dubai.com
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