Hey .. Just read some of the posts above and must say that there are some very good investments if you know where to look. Not everything i linked to the dollar (credit Crunch etc). I brought a 1 Bed in Dubai (well put down a deposit) in 2005... and guess what .. due to the days and the 2nd class management I'm still waiting for then to start construction.
Meanwhile, I invested in Malaysia - An emerging tiger economy ... de-peged from the Dollar .. I put down a deposit for a 1 Bed ... it was built 18 months .. and I have sold and taken profits (net 45%) from it and have decided to reinvest in another project out there. I understand it is a long way for most (SE ASIA) but to be honest they operate like true professional .. all documents from Solicitors .. Exceptional legal / postal systems/ no issues with an overseas mortgage / .. Can't praise them enough...
Anyway, the latest project I'm investing in can be found on
Sepang Goldcoast (this is the actual developers site - I'm not connected to they at all) ... have a look under forthcomming projects ... Theres one called Tropical Cluster Village!
Please understand that I'm not an agent ! just someone who has invested in Dubai and regrets it .. should have found this place in Malaysia years ago.
PM me if your interested on what I've done so far etc ..
ps .. I'm an investor who resides in the UK and wants to oneday live in a sunny climate and not do a 9-5 mon - fri just to pay the mortgage !
Cheers