British Expats - HSBC's Amazingly Detailed Report On UAE Real Estate Sector

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The Dean

Oct 14th 2008 6:24 am

HSBC's Amazingly Detailed Report On UAE Real Estate Sector

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Very in-depth but some good analysis and conclusions........... :ohmy:

Kix	Oct 14th 2008 8:09 am

Re: HSBC's Amazingly Detailed Report On UAE Real Estate Sector

Quote:

Conclusion: rental yields suggest possible price falls of up to 22% in offplan units and 12% in ready units Arguably, investors should hold on to their property as long as rental yields cover most of the mortgage payment.

So that's more or less what has been expected

Quote:

However, markets do not always act rationally and a slight softening in prices could lead to panic selling

Could lead? And lets face it the Dubai market is never rational...

Top read.

shiva

Oct 14th 2008 10:50 am

Re: HSBC's Amazingly Detailed Report On UAE Real Estate Sector

yup its all about confidence and when the same muppets who were in a near riot state buying off plan properties a while back see the market drop and finally realise that the price CAN go down there will be pandemonium as they panic en mass........

pauldxb

Oct 14th 2008 11:04 am

Re: HSBC's Amazingly Detailed Report On UAE Real Estate Sector

Quote:

Originally Posted by shiva (Post 6873183)

Somebody is going to make some money out of this drop

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