Dubai is well known as a shoppers' paradise and a hot Real Estate investment spot right now. Less known is the fact that Dubai's diversification has helped it become a strong economy in the Middle East.
While the growth of the Real Estate market in Dubai has been astonishing and quite dynamic. The predicted reversal of the market has yet to take place. What is keeping Dubai property going?
There has been a rapid change in the thinking patterns of both landlords and tenants in the face of new realities in Dubai real estate. Once it was evident that the boom period was over and people began losing their jobs in the emirate, the atmosphere slowly changed from a seller's to a buyer's market.