Gulf News is
saying here in a recent article quoting various Industry Players that
Demand for residential units in Dubai is expected to outstrip supply until at least the turn of the decade, making chances of a price correction appear slim.
DEWA in another
recent Gulf News article concede they are struggling to keep up supplying infrastructure. DEWA is behind the ball playing catch up with the supply of power and water considerd one of the biggest challenges facing Dubai's real-estate sector according to Peter Riddoch, chief executive officer of Damac Properties (UAE's largest privately-owned property developer)
Research your investment, fundamentals of location, delivery date and quality of the finished product combine together to determine what capital gain will be realized. You can still get your fingers burnt buying property in Dubai however the recently introduced
property Law no 8 will go along way in enhancing Future Investor Confidence.