International Property Investment » dubai property investment

Dubai Property – Time to Buy?

Mark Knowles — Tue, 29 Dec 2009 10:35:11 +0000

Dubai property values have fallen (depending who you ask) between 50-70% from peak and at any other time, in any other market, this would almost certainly be signal to jump in with both feet. But – and this is a huge but – Dubai has probably got a long way to fall before bottom is reached, and our opinion is that we are nowhere near there yet.

Deyaar Development in Dubai Suffering 60 Percent Default Rate

Mark Knowles — Wed, 18 Mar 2009 15:04:16 +0000

Deyaar developments in Dubai has admitted to a default rate of 60% on works-in-progress, and has agreed to reduce prices in an effort to bring defaults down to a manageable level. “Around 60 per cent of our customers came back to us saying they were unable to pay up on their property.” said Markus Giebel, CEO Deyaar.

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Dubai is Still an Attractive Investment Market and News of Another Super-Tower in Dubai

Mark Knowles — Mon, 07 Jul 2008 14:36:54 +0000

The Gulf property market still has attractive opportunities for investors seeking to escape a global fall in property investment transactions according to a leading real estate consultancy

Robin Williamson, managing director of DTZ’s Middle East operations, said although the worst of the first phase of the sub-prime crisis appears to have passed, the credit crunch has further to go and will continue well into 2009, particularly across the European and US property markets.

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