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In a short to medium term I expect the prices to drop by 20%. The expensive $ and the cheap petrol will drag the market down. I hope it is not going to be another disaster as was 4 years ago.

I bought a studio in IC for 235k in 2006, made 200k from rent over the years and could sell it for 250k if I want. Also I have bought one bedroom for 250k last year and could sell it now for 350k.

Prices up 50% Prices of existing units are gone up by 50% in Dubai, for the last 3 months. Is this another buble or we are realy recovering?

I have been hearing similar voices for the last two years. Dubai will never recover unless they attract more people.Only tourism is not enough. Even if the good properties are picking up , the desert is endless. Inflation is growing up, the properties are loosing value every day. There is not...

It is not going to move from 165k for a long time. Dubai has it time I don't think will go down ,as is very cheap ,but will not go up unless the inflation picks up.

Please don't confuse the people ,there is not a single property generating this income currently in Dubai. We are living in a different time where the old tricks are not valid anymore

You are living in a different world

The UAE government has extended visas for foreign property buyers to three years from the existing six months. Currently, foreign owners of property worth more than 1 million dirhams ($272,300) in the UAE have to renew their visa every six months at a cost of about Dhs2,000. The unavailability...

You have to try. Have you got title dead?

Eventually you will get your money back , but when nobody knows.One year can become 2 or 3 years and after 3 years your money will have halve the value they are having now. From next year will be enourmous inflation all over the world.

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...

99% of the people in this forum have lost money in Dubai real estate. Your chance to convince the other 1% to buy in Dubai is less than 0 %. You are wasting your time. As I said before Dubai has capacity to keep 1 million people happy, anything above is not sustainable. Yesterday I had an offer...

Oh yes, people are buying as never before. The business is better than 3 years ago. Prices are going up. I have just bought a can of coke and the price was 50% up. With the internet and information hitting the people on daily basis, who is going to invest in Dubai? Dubai needs changes big time...

around 180k

Where are the champions???????? I think they are going to Qatar 2012 :wavey:

Yes , people are making money in Dubai. There is business, but not enough for the buildings they built. Dubai is growing slowly I say 5% a year. The inflation all over the world is building up. Conclusion – in few years time your friends should invest the savings to protect against...

Guys Dubai is over. Constriction is finished Export to Iran is going to be shat anytime. Money laundering doesn’t exist anymore. What has left for Dubai – nothing – absolutely nothing

Prices are falling in general, but some of the properties already hit the bottom. Some properties are still overvalued and they will fall further more. Lost or won in Dubai property market you need to reconsider the current situation and start from scratch. If you buy to rent is not a bad idea...

The world is changing my friend, computers are taking over the reality, believe it or not you can get married over the internet in 10 years time and you don’t need to see or live with your wife. Who is going to look at the desert construction ??? Dubai – I don’t think many. Dubai is plastic...

Not for sale , but you can get a new 2 bedroom flat with free AC in the heart of Dubai Next to buisiness bay for one year for 10000$. Dubai is over ,face the reality and enjoy your life. The government is bankrupt and left the city in a freefall.