PPRuNe Forums - View Single Post - Dubai's Palm Jumeirah sees prices fall over 40 pc as crunch moves in
Old 5th Dec 2008, 04:19
  #41 (permalink)  
White Knight
 
Join Date: Jul 2000
Location: Dubai - sand land.
Age: 55
Posts: 2,832
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Flying Croc - you're spouting garbage (as usual)... Most properties in the Marina, JLT, Greens, Lakes, Meadows, Int'l City, Discovery Gardens (I'll stop here but could go on) are occupied.. The exception is JBR 'cos it's a ghetto..

50% depreciation on property??? Mine have appreciated as have most...

$45 a barrel - still good money for the Gulf states....

55,000 dhms a month rent in the dustbowl - many pay it. I'm sure that if they really didn't want to pay that they'd have gotten a job elsewhere..

$ plunging - last I looked it was going up and up, especially against sterling and euro....
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