PPRuNe Forums - View Single Post - Dubai's Palm Jumeirah sees prices fall over 40 pc as crunch moves in
Old 3rd Dec 2008, 16:26
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FlyingCroc
 
Join Date: Sep 2004
Location: Sandpit
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The truth from today

is not the truth from yesterday. And so good luck if you bought rental property. All the prices were and are overinflated. For heavens sake, with the prices for apartments here in the Gulf you could buy also in New York, Miami, Paris or the French Riviera. And with a lot better quality and security in the future. Don't buy if you can't live in it yourself. And watch what they are going to do with the $40 a barrel oil price here in the Gulf.
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