Is Dubai back?

Old Feb 26th 2013, 4:36 am
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Default Is Dubai back?

Is Dubai back? Discuss

I think it is, based soley on misplaced confidence and the usual propaganda but I actually think we have the beginnings of a bubble again.

I'm a firm believer that confidence no matter how misplaced is a big driver in a place like Dubai and it does seem as though that is back.

Traffic, rents, general pains in the arse are all on the up. Mega ridiculous projects are being launched again and so on. The 140 odd billion that's still outstanding has been forgotten as Arab spring money flees the Maghreb.

For me it means business is on the up which is never a bad thing but I can't help be amazed that people's memories are so short

Are we back and how long before everyone remember the massive debt pile ?
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Old Feb 26th 2013, 4:40 am
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Default Re: Is Dubai back?

agreed, we are heading for another bubble.
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Old Feb 26th 2013, 5:01 am
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Default Re: Is Dubai back?

Could be right.

I'm getting more calls from ****ing idiots in the UK demanding double their gross salary plus a villa plus schooling plus two cars plus bills paid to take a Construction Manager job.
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Old Feb 26th 2013, 5:02 am
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Default Re: Is Dubai back?

Originally Posted by Scamp View Post
Could be right.

I'm getting more calls from ****ing idiots in the UK demanding double their gross salary plus a villa plus schooling plus two cars plus bills paid to take a Construction Manager job.
that says it all, sounds like Dubai 7 years back.
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Old Feb 26th 2013, 5:05 am
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Default Re: Is Dubai back?

Originally Posted by Blue Cat View Post
that says it all, sounds like Dubai 7 years back.
It kills me.

I love hearing UK candidates get excited when I call them from Dubai...only to tell them that the options are Qatar, Saudi or some backward European country.
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Old Feb 26th 2013, 5:05 am
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Default Re: Is Dubai back?

Time to polish up the old CV again, these past years struggling to get back on 250k a year have been hard.

This time around I think a spell with a developer would be good. (until the taps turn off again )
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Old Feb 26th 2013, 5:07 am
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Default Re: Is Dubai back?

Originally Posted by weasel decentral View Post
Time to polish up the old CV again, these past years struggling to get back on 250k a year have been hard.

This time around I think a spell with a developer would be good. (until the taps turn off again )
I hear Damac are nice...


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Old Feb 26th 2013, 5:13 am
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Default Re: Is Dubai back?

Originally Posted by Scamp View Post
I hear Damac are nice...


**** that, I want one of those developers with a world wide presence. So I can go to the Caribbean, South America, Fiji etc to research other developments
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Old Feb 26th 2013, 5:27 am
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Default Re: Is Dubai back?

Dubai hasn't got a pot to piss in. FACT.
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Old Feb 26th 2013, 5:33 am
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Default Re: Is Dubai back?

We had a pay rise last year, first time for 4 years so maybe there is some confidence returning. There seems to be plenty of work around but whether it comes to anything is another matter.
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Old Feb 26th 2013, 5:35 am
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Default Re: Is Dubai back?

Originally Posted by dubaiguy2011 View Post
Dubai hasn't got a pot to piss in. FACT.
I am working on a development scheme to construct the world's largest pot to piss in.
The intention is that Dubai can eventually become synonymous with pissing in pots, and there are many investors lined up to back the scheme.

We are hoping for a successful project and will aim to piss on as many as possible from as great a height as possible.
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Old Feb 26th 2013, 5:40 am
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Default Re: Is Dubai back?

Originally Posted by weasel decentral View Post
**** that, I want one of those developers with a world wide presence. So I can go to the Caribbean, South America, Fiji etc to research other developments
I can offer you something similar but the research locations are more 'up and coming':

Islamabad
Baghdad
Damascus (Lots of renovation opportunity here)
Tripoli
Benghazi
Algiers

8,000 US a month. Keen?
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Old Feb 26th 2013, 5:54 am
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Default Re: Is Dubai back?

Originally Posted by Scamp View Post
I can offer you something similar but the research locations are more 'up and coming':

Islamabad
Baghdad
Damascus (Lots of renovation opportunity here)
Tripoli
Benghazi
Algiers

18,000 US a month plus ridiculous package. Keen?
Your guys have a nicely failing project on the Bahamas with a Chinese contractor, how about that one?
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Old Feb 26th 2013, 6:03 am
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Default Re: Is Dubai back?

Originally Posted by weasel decentral View Post
Your guys have a nicely failing project on the Bahamas with a Chinese contractor, how about that one?
Who doesn't fail with Chinese contractors?

You wouldn't like the Caribbean anyway...it's too American and they don't understand sarcasm yet.

How about Delhi?
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Old Feb 26th 2013, 6:12 am
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Default Re: Is Dubai back?

Originally Posted by Scamp View Post
Who doesn't fail with Chinese contractors?

You wouldn't like the Caribbean anyway...it's too American and they don't understand sarcasm yet.

How about Delhi?
I meant nicely failing as in able to be saved, I could go for the hammock on the beach with a rum in hand lifestyle. Lack of sarcasm is a small price to pay.

I think my next move will be back to the misty green emerald swirls of Ireland *wipes a tear from my eye and salutes the flag*.

Then being bored and leaving again
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