Property industry positive about real estate recovery despite Dubai World debts

[Nicholas Wallwork]

The outlook for the real estate market in Dubai is becoming more positive despite the debt problems facing Dubai World and its developer subsidiary Nakheel, it is claimed.

Other developers are pointing out that they do not have the same debt problems and they are looking ahead expect the economy to recover from the downturn by 2012 which will see property improving again.

Click Here to Read The Full Story and Add your Own Comments to Property industry positive about real estate recovery despite Dubai World debts

 

[Roshan]

Good God,

never trust a developer for anything in this world. Dubai will be another Spain. Unless supply meets demand don't expect anything to happen.

At the moment the supply is in excess and it's field time for tenants.

Roshan

 

[omanproperty]

you can right developer are not good some time but we can believe on good delopers

 

[kully sanghera]

Europe shares rise as Dubai concerns ease- Global Markets-Markets-The Economic Times :flute:

 

[Brendan R]

ah ah, not sure you know much about stock markets and how they work. Dubai is down 30% from september and down today.