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is this a joke? I can't stop laughing!

oversupply is still in the cards. US/Iran tensions with the strait of Ormuz a big big issue. RERA a big joke. The market will not bounce in 2012.

Dubai Can’t Kick Its Building Habit as Glut Forces Prices Lower 2011-02-22 20:00:01.0 GMT By Zainab Fattah Feb. 23 (Bloomberg) -- Dubai just can’t kick its building habit. Construction sites are buzzing with work across the Persian Gulf sheikdom more than two years after the...

Heard from a friend on the ground that police intervened to quell what could have turned into a food riot near the Burjman Center in Dubai. Any news? Also, how is the situation on the ground, have food prices increased that much?

ah ah ah, Dubai think enough time has passed, that people have forgotten. Time to lure in new suckers. Will it be you?

as expected, the oyster is closing, Nemo is trapped

hot money has moved to Asia, mainly HK and Singapore. Don't think you'll make a quick buck out of Dubai real estate. Make sure you do your homework and analyse the risk/reward. Economic growth, political stability, corruption,... take all these into account and compare on a...

start a movement "Boycott Dubai" with a website and media interventions, voice your concern, educate people on what Dubai really is, hit where it hurts: appearance. Dubai has invested so much in trying to look attractive that a negative PR campaign would be a major blow to the con they're...

your quote carries the seeds of defeat for Dubai. Dubai's future was based on ever increasing values, it was based on attracting wealth. Now it's only attracting the desperate.

I guess we knew it. RERA was established in order to manage the speed at which new properties are put on the market. That's why it is dragging its feet with all these projects either called off or indefinitely postponed. According to Ahmed Badr, a Dubai based analyst for Credit Suisse...

you have to follow the money. The money is not going to Dubai, it is actually fleeing it. With international investors screwed by the con orchestrated by the authorities and the developpers (some of them owned by the rulers),don't expect investors to be fooled twice. The recession is not...

there is nobody in Dubai, it's 50 degrees

To me, the attractiveness of Dubai going forward still needs to be demonstrated, now that the argument "build it and they will come" has been debunked and that the main industry in Dubai has crumbled, i.e. real estate. The negatives I see: - Dubai is only "enjoyable" 6 months a year...

you're absolutely right, location location location. Dubai's hopes for growth have been redimensioned to a lower scale. It means less population growth, less income growth, less wealth creation. The prospect of ghost towns in certain parts of Dubai is absolutely not a remote possibility. Other...

the program on ITV the other day mentioned that 100,000 Brits had invested in Dubai. That's a lot. It explains why Dubai has stopped marketing itself in the UK, both directly and indirectly. When you screw so many people it's hard to serve them a second helping. Also people tend to forget...

Homes from Hell New series Thursday 01 July 9:00pm - 10:00pm ITV1 London 1/4 First in a new documentary series. Today's episode looks at the British victims of Dubai's property crash. While the property boom was in full swing, they paid out thousands for brand new, state-of-the-art...

these service charges are ridiculously high, not only people have been amputated an arm and a leg but now they may end up bleeding to death. Another brick added to the sad rip-off story Dubai is turning out to be

the same property in Vegas costs....USD 200,000......

Dubai 5 year CDS traded at 660 today, back to November highs.... The 2014 Dubai bond yields more than 10% now.... Not out of the woods yet.... Abu Dhabi must do more.... How can developpers keep on asking down payments from investors when projects are frozen? If Dubai government...

UPDATE 1-Dubai CDS jump, bonds selloff on debt uncertainty | Reuters By Sujata Rao and Natsuko Waki LONDON, Feb 12 (Reuters) - Dubai debt insurance costs surged to 2-1/2 month highs on Friday and bond yields rose as growing uncertainty over the fate of the debt-laden conglomerate Dubai...