Thread: Jobs in Dubai
View Single Post
  #102 (permalink)  
Old 6th August 2008, 02:13 PM
marc marc is offline
Senior Expat
 
Join Date: Mar 2008
Location: Dubai
Posts: 238
Rep Power: 33
marc has a spectacular aura aboutmarc has a spectacular aura about
Default

yeah Morgan stanley report was in the papers today aswell. Im not sure why they are doing it, as its 'fake' demand, an investor taking 100 units does not count as demand, there are no end users, and surely there will not be enough people moving to dubai and actually buying somewhere, palm deira has space for 200,000 people, dubai world central (new airport) has accomodation for nearly 1,000,000!!! as well as waterfront being x2 size of hong kong - where are these people coming from when everyone shares and cant offord to buy these units.
Reply With Quote