British Expats - Bubble Warning: Property Prices In Dubai Continue To Plummet

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Johnnyboy11

Feb 27th 2019 7:26 am

Bubble Warning: Property Prices In Dubai Continue To Plummet

Millhouse

Feb 27th 2019 8:12 am

Re: Bubble Warning: Property Prices In Dubai Continue To Plummet

With all the GRE debt coming due in the next couple of years, matched perfectly with a global slowdown it will only get worse before it gets worse.

scrubbedexpat141

Feb 28th 2019 6:03 am

Re: Bubble Warning: Property Prices In Dubai Continue To Plummet

Quote:

Originally Posted by Millhouse (Post 12644710)

With all the GRE debt coming due in the next couple of years, matched perfectly with a global slowdown it will only get worse before it gets worse.

There were identical articles in 2015 and 2016.
Guess it depends if they can refinance chunks of it....again.

DOHDUBMAN

Mar 2nd 2019 11:25 am

Re: Bubble Warning: Property Prices In Dubai Continue To Plummet

Does anyone have any idea when it may rise up again? Could be worth an investment getting in while its so low

Millhouse

Mar 2nd 2019 12:45 pm

Re: Bubble Warning: Property Prices In Dubai Continue To Plummet

Quote:

Originally Posted by DOHDUBMAN (Post 12646594)

Does anyone have any idea when it may rise up again? Could be worth an investment getting in while its so low

hahahahaha

housing in Dubai is an expense not an investment.

UKCityGent

Mar 3rd 2019 4:15 am

Re: Bubble Warning: Property Prices In Dubai Continue To Plummet

Quote:

Originally Posted by Millhouse (Post 12646616)

housing in Dubai is an expense not an investment.

]

Great quote - would give up a thumbs up emoji but just learning about them now lol

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