No Dubai Recovery Yet – Any Blinking Idiot Can See That!

How time flies!
With 2009 on the wane, we may all be wondering if it is safe yet to try our luck in Dubai.
Let me just say though that actually, I am not wondering at all! Personally I still wouldn’t touch it with a bargepole, for numerous reasons including, above all, that I cannot trust [...]

Piers Morgan on Dubai

Shown on ITV1 Thursday, 29 January 2009, 9:00PM
Having just watched the Piers Morgan documentary about Dubai on ITV1, I can report that overall it was a worthwhile one hour of viewing and a welcome break from all the doom and gloom to be found on the box lately.
There was nothing particularly new that we haven’t [...]

Shuaa Capital : “Dubai prices will drop 60%”

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 [...]