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Couple of Dubai/Abu Dhabi pics!

Looks awesome! Would love to go out there!

Is John, Dubai182 off here?
 
i read recently that because of the credit crunch also affecting dubai now the plots on the palms are dropping like stones in value?
 
i read recently that because of the credit crunch also affecting dubai now the plots on the palms are dropping like stones in value?

Not so sure! Rent and property is DAFT!!!! Esp in Abu dhabi! Too many people and not enough houses...
 
i read recently that because of the credit crunch also affecting dubai now the plots on the palms are dropping like stones in value?
http://www.ameinfo.com/176390.html

40% since Sept. Still, if you consider they were being sold at around 6-7 million 3-4 yrs ago. A lot of people have more than doubled their money on property.

Mortgages are very, very tough to come by now...most banks are only offering 35-50% of the value. Glad I got in when I did..
 
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