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Old 15-08-2008, 09:21 PM
DoBuy DoBuy is offline
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Join Date: Dec 2007
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Although the pound and euro are weakening against the dollar,I don't think its too late to buy in Dubai and make some money over the next 18 months.
Anyone who forward books their dirhams can make money both on the rising property prices plus the strengthening of the pound.If its true that the dollar gets to $1.55 against the pound as I;ve read is possible than this makes a huge difference.
It will be interesting to see what the effect will be on the amount of investors from Europe.
A decline would I imagine see a drop in prices in Dubai.
However,its the wrong time to invest in property in the UK especially so even with a weak pound there should still be those looking to buy in Dubai.
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