Are investors oblivious to risk in the Dubai real estate market?

  • Thread starter Nicholas Wallwork
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Nicholas Wallwork

Nicholas Wallwork

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As we headed towards an unexpected worldwide financial meltdown in 2007/8 it seemed that the Dubai real estate market was defying gravity. Traditional valuation methods were thrown out of the window, the government lost control of the market and the banking community was lending on crazy multiples. Despite the doom and gloom of the financial [...]

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