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  1. W

    The worst is almost over

    Now that we are almost into september 2010,and it has been some time since the global financial crisis hit Dubai,I believe the worst may be over. After Ramadam I think there will be a small improvement in the situation in Dubai and that property prices will stabilise. I also believe there will...
  2. W

    Dubai is becoming the most attractive place to live.

    I totally agree with you. There is a positive to every negative and with the low rental/buying prices for both residential and business premises this is going to attract many new residents and businesses. In a few years when most of the units are filled there will be an undersupply and prices...
  3. W

    Rents fall in Dubai as more property units are released, new report shows

    I'm pretty confident before 2019.
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    Homes From Hell In Dubai - Thursday 01 July 9:00pm - 10:00pm ITV1 London

    Almost all of the investors who have had problems had them with off-plan purchases.What are your reasons for advising against buying COMPLETED ?
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    Homes From Hell In Dubai - Thursday 01 July 9:00pm - 10:00pm ITV1 London

    But u didnt buy in the uk u brought in dubai so get over it !!! Besides,who ever said dubai was part of the civilised world !!!
  6. W

    35% Sharjah residents plan to move to Dubai

    35% Sharjah residents plan to move to Dubai Migration is geared towards Dubai, more so from Sharjah than Abu Dhabi, according to a survey. By Parag DeulgaonkarPublished Tuesday, July 13, 2010 About 35 per cent of Sharjah residents plan to move to Dubai in the next 12 months while 47 per cent...
  7. W

    Property investment in Dubai

    A new law has been passed which allows owners to get together and decide which company they wish to carry out maintenance etc. This will mean lower charges.
  8. W

    Property investment in Dubai

    Positives: Apart from what I wrote in my earlier post. Tax Free Extremely low crime rate.Very very significant. Extremely cheap services such as maids,cleaners etc. Sleazy behaviour common in UK not tolerated in Dubai. Possibility of idylic lifestyle. Negatives: Foreigners...
  9. W

    Property investment in Dubai

    How long before oversupply turns into undersupply? 3/4/6/7 years?And. Are you one of those investors who expect to make a million overnight? As for the risk in buying a completed unit next to the others in that building being empty,errrr,how about buying a unit in a building you know to have a...
  10. W

    Property investment in Dubai

    The Dubai goverment is broke so maybe limited in what it can do or is prepared to do.Also it seems now AD calls some of the shots. As for not trusting developers,yes if you are talking about off-plan but then again only an idiot would buy off-plan. However please tell me what the risk is with...
  11. W

    Property investment in Dubai

    There's no point being negative about the prospects for Dubai without explaining why you hold that view. Personally I am positive about the future for the following reasons.The worlds economies will recover and so will Dubais.Once businesses start growing again and new staff are employed then...
  12. W

    Silicon Oasis is now ALL freehold !

    Freehold means you own the property and the land it sits on. Leasehold means you have the right to live in the property for the term of the lease,ie,99 years but you don't own the land. I am not aware of problems with electricity etc there.DSO is goverment owned and has a very good...
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    Homes From Hell In Dubai - Thursday 01 July 9:00pm - 10:00pm ITV1 London

    Exactly.For those investors who are unable to accept any responsibility then they will be pleased to know the Dubai goverment will not get off lightly. Investors will be very wary of putting their money into Dubai and any more guarantees by the goverment that no-one will lose money will fall on...
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    Homes From Hell In Dubai - Thursday 01 July 9:00pm - 10:00pm ITV1 London

    If you don't think any of the responsibility lies with you then you 're are living in fantasy land.The facts:You brought an UNBUILT unit in a country I assume you HAVE NEVER BEEN TO from a developer you KNEW ZILCH ABOUT ! You get caught out and now you're blaming everyone but yourself. As...
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    Silicon Oasis is now ALL freehold !

    'New Property Regulation published in Dubai's Government Official Gazette Regulation No. 1 of 2010 amending Regulation No. 3 of 2006 Designating Areas for Expatriates to Enjoy Freehold Ownership in the Emirate of Dubai This Regulation relates to the Dubai Silicon Oasis community in Dubai...
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    Homes From Hell In Dubai - Thursday 01 July 9:00pm - 10:00pm ITV1 London

    Hi. Yes the goverment and developers take a huge part of the blame but so do the investors.Like I said no-one forced us to put our money into a country thats thousands of miles away and which we knew little about.Accept some of the blame. If I was in your situation I would park my ass in the...
  17. W

    Property investment in Dubai

    Maybe in 5 years things will be alot better.Thats my guess. In the UK prices have already been rising for 1 year.
  18. W

    Property investment in Dubai

    Yes.Like I said wait a few months till its obvious prices have reached the bottom,then buy,then wait a few years. For me its a good bet.
  19. W

    Homes From Hell In Dubai - Thursday 01 July 9:00pm - 10:00pm ITV1 London

    Hi. Are you the guy who invested in International City? It is def possible to speak to people behind the scenes and get a broader idea of what is going on rather than wasting time highlighting a few situations. That could haven been done with anonymous contributors quite easily. As was...
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    Homes From Hell In Dubai - Thursday 01 July 9:00pm - 10:00pm ITV1 London

    The fact there was no regulation etc was in fact mentioned by one of the couples plus Richard Dean the british reporter. Overall I thought the programme did more good to Dubai than harm with many great shots of the various developments.The programme makers should have been more general about...
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