Monday 2 November 2009

Empty properties in Dubai - but no sign of reducing rents

I don't understand why a landlord would keep his property empty with no hope of recovery in the near future. Just take a trip around the new developments - you can see so many completed...

IT seems like Dubai landlords are still hoping for quick recovery. As we can see from the reviews and advices from international real-estate companies, the future of Dubai Real Estate is still very shaky and further price decreases are waiting to come.