investments properties in Dubai

The latest press release, I ,mean editorial, I mean advertorial from Emirates Business is pretty clear that Dubai’s property bubble has finished deflating and we are back to boom times. Hold on to your hats!

More on Dubai Downturn Over Says Emirates Business

The credit crisis continues to spread far and wide, and Coface, the international export credit insurer says it is chasing at least €60 million owed to overseas suppliers by companies based in the UAE. Many developments were funded by deposits and part payments up front as the properties were sold off plan – but that market has all but dried up.

More on UAE owes millions of Euros to overseas suppliers

http://internationalpropertyinvestment.com/wp-content/uploads/1burj-dubai.jpgDubai is among the leading choices for people who wish to invest in foreign Real Estate. The most progressive of the 7 parts that make the United Arab Emirates offers excellent investment opportunities. The UAE is only 6 hours flight time away from Germany. A short trip and you are in a land of sun and progress. Dubai is a place with an economic growth rate of 6-8%, a 50% budget surplus, excellent architecture, modern infrastructure, and a booming Real Estate and construction industry. No other place in the world has the sort of Real Estate market similar to Dubai.

More on Real Estate in Dubai – A Dynamic Property Market