Tsunami to destroy the Dubai Palms?

Yes that’s certainly a catchy headline, and I do apologise if its a bit alarmist – but note it is stated as a question, not a fact!
It relates to an issue that has concerned us in the past when considering investing in Dubai beachfront property, in particular the reclaimed islands such the the Palms and [...]

The Dubai Flipping Game

We count ourselves amongst those that rather like the idea of owning a holiday pad in Dubai, perhaps something we could use for a few weeks each year and have it rented out for the rest of the time. Something that would appreciate in value over time too – well thats a plan that has [...]

Moody’s turns the Screw with possible Ratings drop

We hear that Moody’s Investor Service, a credit ratings agency that assesses credit risks in relation to corporate debt issuers and sovereign nations is considering dropping its debt credibility ratings for six of Dubai’s major companies that enjoy strong state backing. The companies mentioned are: