Originally Posted by
Cyberbird
however those who bouht on the trunk of the plam -where the opposite metro-line erased the projects water-channel & those who bougt in the JBR -made definitively losses - after subtracting their financing & agent costs!
Like it or not - these are the facts
If your 'colleagues' were that dumb that they couldn't make a profit in the last 2 years then I hope you take them back to Europe with you.
The 'facts' are that property prices have risen
every year since the the law was changed allowing foreigners to buy.
This year demand and prices have risen - even in the Marina.
Prices and demand in DXB are bound to be affected by the present financial crisis but if you think that by going back to Europe is going to escape from it then you are as barmy as your mates who couldn't make any money in the last 2 years.
