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Know Of Any Basic Informational Web Sites On Investing In Dubai?

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  #1  
Old 16-10-2007, 09:54 PM
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Default Know Of Any Basic Informational Web Sites On Investing In Dubai?

Hi, I'm an Iranian American currently residing in Tehran, Iran. I'm interested in buying property in Dubai and have a solid amount of money to spend. I am very new at this and I would like to know if anyone out there knows of any websites that offer information on investing (I'm interested in buying property and renting it out), in Dubai, for the beginning investor?
I was hoping to avoid Realtor sites as they have a biased opinion, but if that's all you know, then I'll take that as well at this point.

Thank You All Who Contribute,

Espeaker
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Old 20-10-2007, 09:04 AM
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Default www.estatesdubai.com

You can check this out

Dubai Real Estate News - UAE Property Market Trends and Agent Reviews

This is an independent news blog detailing latest news and articles about Dubai and all over UAE.
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Old 20-10-2007, 09:39 PM
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Default Property in the Gulf

Having lived in the Gulf for almost 30 years and watched the property market, I really wouldn't recommend it. Bearing in mind the vast number of developments, prices are unrealistically inflated; the bubble will almost certainly burst and there is now legislation controlling rents. The whole of the Gulf is building on the theory that the more you build, the more you attract foreign investment. But inflation in the Gulf is forcing expats out. They simply can't afford to live there unless they are in the top 5% with regards to pay. I'd say go for other countries/regions! Much safer!!
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