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Old 07-08-2008, 09:20 PM
Roshan Roshan is offline
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Join Date: Jan 2008
Location: Dubai
Posts: 864
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Quote:
Originally Posted by Doctor Robert View Post
Summer in Dubai has always been dead season.
And yes, things will pick up a bit by end of this month. Things will definitely jump up in September (Ramadan does not play a big role on the secondary market, and most developers launch very little during that month).

Big jump in October? You guys are all forgetting about 1 detail: City Scape! That has always brought prices up!

So to all people currently holding properties: keep holding. Wait out this summer (you only have about 4 weeks left). Come September, you will be selling again. Come October, you will be making a killing!!
As long as we have speculators in, the prices will go up. However those are not the correct prices. For that matter nobody knows the correct prices.

Regards

Roshan
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