Steady As She Grows ; 1) Don't Let a Slow Market Put You Off Investing in Dubai, Says Colin Coates2) Overseas Property

Summary

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THE QE2 may have taken up a permanent berth as an upmarket resort location in glitzy, glamorous Dubai, but the rest of the accommodation in this most high-profile of the United Arab Emirates is under increasing pressure.

'Activity in Dubai is definitely showing a slowdown,' says Andrew Hawkins of Chesterton International. 'But if you look at the larger picture, that isn't necessarily a bad thing because the market is the most mature in the region.

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Steady As She Grows ; 1) Don't Let a Slow Market Put You Off Investing in Dubai, Says Colin Coates2) Overseas Property

'If there had not been an end to the runaway building boom that Dubai has seen since it relaxed its freehold rules for foreign ownership in 2002, the subsequent fallout m...

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