Top Ten Worst Places To Invest

According to Knight Frank’s Global House Price Index 2009 these Cities were the worst performers. I am surprised not to have seen any Greek or Spanish Cities but perhaps they will follow in the end of this years results. Country    2009 price growth 1. Latvia -49.8% 2. Dubai     -42.1% 3. Estonia -40.3% 4. […]

Dubai developers take steps to curb selling on the secondary property market

According to Property Wire, developers in Dubai are taking a warning about rampant speculative activity across the Emirates’ property market so seriously that there are moves to discourage and even prevent selling on the secondary market. Several analysts have warned that high speed speculation in the market will ultimately lead to boom and bust as […]

Dubai Prices May Slow by 10%

Property prices in Dubai are likely to fall 10 per cent by 2010 as supply outpaces demand, but they are expected to rise in Abu Dhabi’s undersupplied market, Morgan Stanley said in its latest report on Tuesday. “For 2009, we expect prices to start coming under pressure as oversupply becomes evident [in Dubai]. We forecast […]

Buyers of Property for Sale in Dubai are 'Eligible for Visas'

According to Real Estate TV, people who buy freehold property for sale are automatically eligible for a residence visa, according to a top immigration official. Omar Mattar Bin Mizaina, head of employment permits at the DubaiNaturalisation and Residency Department, spoke out in order to end confusion among buyers about the issue, reports the Gulf Times. […]

Dubai: Investment prospects for 2008

Dubai has had its detractors for some time now and there are people who seem to be keen to see the property boom of the last few years come crashing to a halt. Commentators are split as to whether this growth can be sustained but investment in the real estate sector is predicted to provide […]