Tagged : Dubai Marina

Those who say oversupply was the major reason behind Dubai real estate crash, are wrong. The global crises slashed the profit margins of various companies which led them to shrink their employees. The laid off expatriates working in Dubai left the rental properties vacant while those among them who owned the properties, sold them as distressed properties. This distressed selling accompanied with the higher vacancy rates brought down Dubai property prices by more than 60%. The recovery is expe... Read Full Post

If you are in anyway associated with Dubai real estate, you must be familiar of the fact that oversupply was the major reason that collapsed the once spectacular Dubai real estate back in 2008. Since then, the prices of the properties in Dubai have slashed by more than 60%. The question here arises, why despite the passage of 3 years the problem of oversupply still persists in Dubai real estate sector. Is it because that Dubai government is unable to generate enough demand to bring down the p... Read Full Post

Despite the fact that currently Dubai real estate is behind in its performance compared to its peak times, still there are a few developments, which make the hotspots for the Dubai real estate investors and tenants like. Known as the Venice of the Middle Ease, Dubai Marina has a successful track record of being the premium choice for the real estate investors and tenants alike. Dubai Marina – The most searched location on the web In July 2010, it was reported by a leading real estate websit... Read Full Post