Dubai Real Estate Blog

Real Estate Market in Dubai

December 8th, 2009

What’s the Mood in Dubai Like Now?

When Dubai World requested a debt “standstill” two weeks ago, this made headline news around the world. Actually, I found that a bit surprising, all this media attention. In the world of economics, this is far less unusual than is now being suggested. Well, yes, but here we’re talking about Dubai, aren’t we? And apparently, for the emirate other standards do apply.
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November 28th, 2009

The Time to Invest In Dubai Is RIGHT NOW

And I Am Saying This Today, On November 28, 2009, MARK MY WORDS!!
Oh my God! How amazing events are! So Dubai has declared it will have to slow down in paying back bank loans. And, as it is a completely normal occurrence in today’s economy, the markets react immediately.
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November 20th, 2009

What’s more hip, Doha or Dubai?

Here are the facts:
Both of them are located on the Arabic side of the Persian Gulf, and they both are capitals of emirates…
…though Dubai City, the capital of Dubai, is a member of the United Arab Emirates, while Doha is the capital of the completely independent emirate of Qatar. (Actually, here the question comes up why this Qatar never joined the UAE. Do they think they’re better?? Anyway, I have to concede that a small strip of land, occupied by Saudi Arabia, separates Qatar from the UAE, it would hence have been an exclave.)
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November 15th, 2009

Learn Arabic in Dubai!

Of course, virtually everybody in Dubai speaks English. But if you want to make your stay in the city a bit more authentic and real, then you just have to learn some Arabic! Here’s the good news: It is not that difficult…or at least easier than many people might think. ARABIC ONLY HAS 28 LETTERS!! (Though I have to admit that not all of them always completely look the same, depending on their position in a word. But even if you consider this, then their number is most definitely under one hundred – compare that to Chinese, which has about 4000 characters! So, when you look at an Arabic text for the first time, it looks pretty confusing and chaotic, doesn’t it?, but it is actually pretty easy to figure out.)
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November 12th, 2009

Dubai Poetry:-)))

To be honest, I am a bit of a poet. Or rather, I used to be. But Dubai brings it out again.

Indeed, so it does. Dubai has given me feelings that I had never known even existed. And it makes me ponder – I think it turns me into a philosopher.
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November 4th, 2009

Dubai is not a democracy

It is what scholars call a “constitutional monarchy” – this means that the national leader cannot be challenged in elections, but that nevertheless he is no “absolute” ruler, as it is his duty to follow the constitution, which is above him. Dubai does not have a parliament itself, but it is of course a member of the United Arab Emirates, and this country does have some form of parliament, the Federal National Council, which every member state, including Dubai, sends representatives to. Half of them do get elected by the people – so we can say that Dubai clearly has democratic elements. Read the rest of this entry »

October 15th, 2009

Will All Earthquake Worries Soon Be A Thing Of The Past?

Twin Towers in Dubai
Twin Towers in Dubai

It is true, Dubai is not a terribly earthquake-prone part of the world anyway – but on the other hand, nobody knows what’s going on in the center of our planet and where the next big one is really going to strike. So we all might find some comfort in the fact that the Dubai Technology and Media Free Zone Authority just a few days ago unveiled some new analysis and earthquake engineering software for the evaluation of high-rise towers under its jurisdiction. After all in Dubai, the building of high-rises has gone to some fascinating new dimensions. Personally, I am very glad that this has been done by the authorities. And according to the buzz around computer programmers, this new software is really quite revolutionary. Read the rest of this entry »

October 13th, 2009

Iraq’s Recovering Real-Estate Market Gives Boost To The Whole Gulf

Baghdad
Sunrise in Baghdad

Dubai is an extremely wealthy – and healthy! – business location; nobody can seriously deny this. So when financial advisers talk about the risks that are related to the beautiful Emirate, they do not so much talk about Dubai itself – but rather about its surroundings. It has been said that it finds itself “in a bad neighbourhood- and the implication of this is that this poses a permanent danger to its stability. Read the rest of this entry »

October 13th, 2009

It’s October in Dubai :-)

Now YOU can be jealous of us.

It is true – in July and August WE often were the jealous ones – because those months in Dubai are not always so bearable… But who cares! In September it got a lot better and now in October it is really cool. Note that by cool I don’t mean the temperature.

In the summer Dubai was a furnace. And don’t get me wrong, it is still hot – but then also I would say that now it is JUST RIGHT! What really matters is that the humidity of the air is a lot lower. This fact makes all the difference in the world. Temperature-wise, actually just a few degrees were dropped. But the subjective difference is HUGE!

And maybe I am also being slightly malicious. Now I don’t care that sometimes during the summer I caught myself fantasizing about Europe – NOW all the news I get from there are about snow, rain, and wind. Call me malicious – but that makes me feel great!

Like everywhere in the Western world – and of course Dubai does belong to it! – the spirit of Christmas is already visible – especially when one goes shopping. In the malls more and more Christmas tree are already being put up. It’s strange somehow – I know that this is an Islamic country, yet I see all those decorations. Yes, Christmas here is definitely very different than in Europe.

For sure there won’t be snow… That much is a given if one considers the average temperature in December: A perfect 21 degrees centigrade!

No snow… But wait a minute, we got huge artificial islands, an artificial creek, certainly artificial watering all over the place – so why not build a machine that makes it snow!? After all this is Dubai, the city that makes dreams come true! I’ll have to talk to the Emir…

October 10th, 2009

Is Dubai an Islamic Country?

abu-dhabi-mosque
Sheikh Zayed Mosque in Abu Dhabi

The answer to this question has to be Yes – but nevertheless this matter is more complicated than one might think. Read the rest of this entry »