Interesting Videos on Dubai Property Crash

[Mark2011]

First video is bogus and should be removed.

[easygoing]

Jus come back from Dubai and believe me there are no rules or regulations that the goverment can apply to change the situaiton. I visited some constructions sites myself and found 1 person woking on a 20 storey building.
In some areas the buildings are occupied by about 6 families with the balance of the 15 floors empty.
things will not change very quickly I would say being optimistic it will take about 5years before any movement. That is if Dubai goverment can stay afloat.
Get your money out if you can ASAP

[susanauae]

Informative videos and these have added into my information about Dubai property crash, its reasons and current situation. But I think that there is a bit exaggeration in the representation of Dubai Property crisis.

[georgihh]

Originally Posted by easygoing

Jus come back from Dubai and believe me there are no rules or regulations that the goverment can apply to change the situaiton. I visited some constructions sites myself and found 1 person woking on a 20 storey building.
In some areas the buildings are occupied by about 6 families with the balance of the 15 floors empty.
things will not change very quickly I would say being optimistic it will take about 5years before any movement. That is if Dubai goverment can stay afloat.
Get your money out if you can ASAP

First of all very few people can get their money back as the prices are bellow OP.
Second the situation can change very quickly, with all the unrests in the Arab world,
Thousands of People with descent cash can arrive in Dubai. Why not from Japan?
Also Dubai should go ahead with the dream projects soon or later and more relaxed property law is expected in the near future.
And finally the whole world is picking up again and Dubai will follow.
Sometime next year prices will start going up again

[pattayadevelopers]

Originally Posted by susanauae

Informative videos and these have added into my information about Dubai property crash, its reasons and current situation. But I think that there is a bit exaggeration in the representation of Dubai Property crisis.

People saw things different then they really are !

[James Greg]

Its all how people spread the word around. The exaggeration is all a creation of media which portrays situation in a far worse manner than really is. The news that floated of Dubai economy crashing should have sent the residents in starvation and misery but none of it happened. Although many small businesses had to shut down, but they were the ones that were already drowned in debt due to their own policies. Situations do not change overnight but it is not as worse as hyped.

[James Greg]

All the information and videos shared by you are good and useful for investors and buyers as well. I have visited Dubai Marina, Business Bay and Jumeirah Lake towers to find better results in this regards. These are also good places to invest and finding better results.Jumeirah Lake Towers - Bayut.com Presentation - YouTube