Dubai Property Downfall on TV
 

Hello,
If you access to UK iTV television then program on tonight about the downfall of housing prices in Dubai. Looks bad due to recession, cars just left on roads people to midnight flits not to go to jail as they have lost there jobs.
How true is this and is it liekly to effect other areas like Ab Dab and especially Al Ain as I look to go there. Do you think prices are going to come doen the more demand there is.
UAE financing looks scaery if you can't afford to pay. GO STRAIGHT TO JAIL...:frown:

Re: Dubai Property Downfall on TV
 

yes this is true look at other threads, and it happens in all of uae, worse in other places north and south.