People have been saying since 2005 bubble will burst in Dubai – it hasn’t and won’t on you if you remember a few key points :

* Go for a quality developer and brand which is known, respected and proven (they should already have handed over sucessful projects, as there are lots of small developers offering the world but with nothing to show)

* Try and buy as close to where there is puclic transport

* The location / area the developments are in, and what is surrounding it, is obviously essential

* The developments themselves need to be appealing

* Think of the reason why people will want to live or invest in that area and what sort of investor / renter it will attract

* Most importantly, make sure in-depth due diligence has been carried out

I recommend Jumeirah Village - very central, and the fact that it is next to developments such as Emirates Hills (Dubai's Beverly Hills), Dubailand (the largest leisure development in history), Sports City (the centre of Dubai's Olympic bid) and the incredibly successful neighbouring developments of Jumeirah Park & Emirates Living Community (which have appreciated over 200%) you will get excellent returns

Cheers
Mat