www.dubaipropertycrash.com

Today I read the following headlines:
“Encouraging signs for Dubai’s property sector” – Bradley Hope (The National)
“Cash boost for property firms” – Angela Giuffrida (The National)
“Dubai’s real estate industry ‘at low point’ “ – AME Info quoting interview with Ryan Mahoney
Exactly what planet are these people on?
Perhaps they need to build themselves one [...]

Well the latest Dubai property price analyses and forecasts are in.
In the worst case scenario for the coming year, UAE Investment bank Shuaa Capital reckons that real estate is heading for up to 60% falls by the end of 2009, after which they should begin to stabilise at the new lower level. The bank [...]