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Assessing the health of Dubai market |
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Friday, 06 June 2008 14:03 |
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It seems almost impossible to open a newspaper or magazine in Dubai these days without reading about the latest real estate market report and its findings, which often seem to predict a downward turn or, even worse, market crash here in the near future.
For four or five years now there have been a number of reports questioning the status and longevity of Dubai's real estate boom, with findings suggesting that it has just about peaked, that oversupply is around the corner, that prices are too high and that the number of properties under construction is unnecessarily high and therefore saturation is pending.
Gulfnews: Assessing the health of Dubai market.
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