Dubai Real Estate Blog

Real Estate Market in Dubai

October 6th, 2009

Dubai’s 15 Minutes of Financial Crisis Seem To Be Over – For Now?

Cranes in Dubai

The economic meltdown of the autumn of 2008 hit Dubai quite significantly. Many development projects had to be put on hold. The Emirate, which heavily relies on tourism, received far smaller numbers of foreign visitors – and that was seen as a rather serious situation.

If one revisits the Gulf-metropolis now, what does one encounter? Read the rest of this entry »