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Old 29-06-2008, 11:51 AM
New_Investor New_Investor is offline
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Join Date: Apr 2008
Posts: 148
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mainly the wise man will buy when prices are low and resell when it goes up again, but currently i don't see a bubble happening now due to the following

1. Demand still more than supply due to delay in handover and completion
2. Demand for rental is increasing as emirates receive 600 new residents daily as i red in Arabian business.com
3. Inflation keeps on fueling price increase
4. low interest rates in Dubai keep fueling the demand for buying properties in the marker by end user as mortgage cost will be low.
5. increasing rent will shift tenants to buy properties which will lead to increase demand, hence higher prices
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