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ramadhan slow down?

Discussion in 'Dubai property' started by monsi, Sep 7, 2008.

  1. monsi

    monsi New Member

    Is there really a ramadhan slow down or is this a myth?
     
  2. georgihh

    georgihh New Member

    This time Ramadan slow down might last until next Ramadan
     
  3. monsi

    monsi New Member

    so you think the market will fall?

    Oh!

    It's just that we received an OK offer for our property and we were wondering if we should accept it and reinvest in a number of smaller properties or hold back and see what the end of Ramadhan and the start of City Scape brings.
     
  4. georgihh

    georgihh New Member

    I don’t think market will fall but stabilize for couple of months.
    Some properties might go up but some might go down.
    10% increase per year is what I expect as average.
    I think will take couple of months for the market to absorb the current developments.
    But you never know one funny decision (like no more ordinary building in Dubai) could spark the property boom again
     
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