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The last time I have to talked to Dubai residence people, they live in denial or still don t understand real estate especially those pathetic real estate
idiots. I heard them talking live on Dubai eye. Just pathetic, incompetent.
Dubai will become a city as any other city in the world.
The rent will be paid monthly, there will be more competition in the real estate sector and everywhere else. Prices will be settled by supply and demand.
Taxes will be implemented for companies and everyone working in Dubai. Why not?
The government needs to raise funds for their budgets, like all cities in the world. Dubai is not an oil rich nation. The sponsorships will come to an end or even more business will go to the Free Zones or not come at all.
If all that will take place the credit rating for Dubai will actually go up.

Bora Bora,
You have told me that capital letters are "screaming" when you CANNOT shout in print. The printed word does not emanate ANY sound. I use capitals for EMPHASIS. You criticised me, yet did it yourself in your last sentence. You put SCAM in capitals, for the same reason I use them !!!!???
As for Stanford and Madoff ONLY catching PRIVATE investors ......you're wrong!! You mention Madoff's wife and $10 MILLION . That is peanuts!! He went down for $50 BILLION DOLLARS, did he not? 10 million is only 0.02 PER CENT of 50 BILLION.......Infinitesimal!!
On the Piers Morgan Dubai film on ITV, Dr Sulaiman al Fahim , stated there was $300 BILLION DOLLARS worth of Real Estate in Dubai.
Well, Madoff's $50 BILLION is very important in comparison to that.[ Besides that was then. Dubai will be worth LESS NOW, than Al Fahim claimed]
Madoff was only ONE MAN, yet he was handling funds supposedly worth that huge amount. Some financial advisors linked to big banks like HSBC advised wealthy clients to invest with Madoff. Now they [ several] are trying to sue the banks for giving bad advice.
We have not learn the FULL repurcussions of this yet. Huge institutions were involved with Madoff.
Wealthy people from Monaco to Dubai MUST have been involved. If those people are key developers , investors etc , there could be ripple effects.
Besides , how many OTHER Madoffs and Stanfords are YET to be uncovered??

RedKite wrote:Bora Bora,
You have told me that capital letters are "screaming" when you CANNOT shout in print. The printed word does not emanate ANY sound. I use capitals for EMPHASIS. You criticised me, yet did it yourself in your last sentence. You put SCAM in capitals, for the same reason I use them !!!!???
As for Stanford and Madoff ONLY catching PRIVATE investors ......you're wrong!! You mention Madoff's wife and $10 MILLION . That is peanuts!! He went down for $50 BILLION DOLLARS, did he not? 10 million is only 0.02 PER CENT of 50 BILLION.......Infinitesimal!!
On the Piers Morgan Dubai film on ITV, Dr Sulaiman al Fahim , stated there was $300 BILLION DOLLARS worth of Real Estate in Dubai.
Well, Madoff's $50 BILLION is very important in comparison to that.[ Besides that was then. Dubai will be worth LESS NOW, than Al Fahim claimed]
Madoff was only ONE MAN, yet he was handling funds supposedly worth that huge amount. Some financial advisors linked to big banks like HSBC advised wealthy clients to invest with Madoff. Now they [ several] are trying to sue the banks for giving bad advice.
We have not learn the FULL repurcussions of this yet. Huge institutions were involved with Madoff.
Wealthy people from Monaco to Dubai MUST have been involved. If those people are key developers , investors etc , there could be ripple effects.
Besides , how many OTHER Madoffs and Stanfords are YET to be uncovered??

Please stop the off-topic fillings RK!! This is a topic about housing.
We don't want this topic to be spilled with SCREAMING posts again.

Keep it clean and thus on topic !!!

Thank you

ps: Your emphasize on your words is not necessary. Use audio and video emphasize. Keeps it simple and effective.

Just like the following for instance:
http://www.youtube.com/watch?v=rXTq0aSI ... re=related

RedKite wrote:Bora Bora,
You have told me that capital letters are "screaming" when you CANNOT shout in print. The printed word does not emanate ANY sound. I use capitals for EMPHASIS. You criticised me, yet did it yourself in your last sentence.

To be fair, using capitals in emails or newsgroup is exactly the equivalent to shouting online since I can remember.

http://encarta.msn.com/encyclopedia_761582848/netiquette.html

It irritates people as you see and you might consider this.

Robbie,
Why are you lecturing me for going "off-topic" ? I am REPLYING to an accusation by bora bora, who contradicts himself by putting the word SCAM in capitals. I have never regarded capitals as shouting, because NO written word ever emanates ANY sound.
If you note frequent French street protestors in Paris,carrying large banners, they always mix lower case and upper case sentences and phrases. What's the problem?

Besides, if I talk about lower property values in Dubai , you accuse me of repeating a message. The truth is that you don't want people like me and Arniegang saying too much INTERNATIONALLY about collapsing Dubai property values.
You try to DICTATE YOUR OPINIONS on this site. [Capitals are for EMPHASIS !]

I see that no-one has addressed the extent of Madoff's fraud. THAT involves people in property internationally.

RedKite wrote:Robbie,
Why are you lecturing me for going "off-topic" ? I am REPLYING to an accusation by bora bora, who contradicts himself by putting the word SCAM in capitals. I have never regarded capitals as shouting, because NO written word ever emanates ANY sound.
If you note frequent French street protestors in Paris,carrying large banners, they always mix lower case and upper case sentences and phrases. What's the problem?

Besides, if I talk about lower property values in Dubai , you accuse me of repeating a message. The truth is that you don't want people like me and Arniegang saying too much INTERNATIONALLY about collapsing Dubai property values.
You try to DICTATE YOUR OPINIONS on this site. [Capitals are for EMPHASIS !]

RedKite, this is the final thing i'll DICTATE towards you, because its not contributing to this thread.
I know your intentions are good, but the way you use emphasis is commonly known as screaming. Like Habibi showed you in the netiquette rules for internet communication.

Just type like we do, and use alinea's and spaces. I read your posts. No doubt. But when I see this French-inspired protest-like use of CAPITALS...I skip instantly. I don't like it and I tell you face to face. Nothing personal from my perspective.

Now, shall we stop mongering about this and Madoff/mini Madoff and go back to the topic of housing prices in the UAE?

O.K ! No capital letters on this site!!
What if I refer to U.A.E ; U.S.A and U.K ?


Are you also going to remove your very large garish logo ,Robby G, which SCREAMS [ sorry screams !].........R R at us in one inch high capital letters every time we see your postings ??

It is so loud ....it's giving me head-aches!!

Pots and kettles.......as they say!!

UK is without the dot.

Keep it up, you'll get it one day...

Robby G

" UK is without a dot??" . That's not a dot......that's fly-shit on your screen !

The UK has not got a dot!!
Says Robby ,our man on the spot !!
RK says "Get wise!"
That's shit from the flies!
Poor Robby !! He's just lost the plot!!

Well! Well !! This is a strange forum!!
It's weird....this sense of decorum!!
One cannot say sh*t,
Which rhymes with a TWIT,
Too "tasty" from Saudi to Shoreham!!

It is all so easy
Without being sleasy,
One simply has to obey,
The netiquette rules Okay,
Keep this thread on-topic befire it gets greasy!

ps; Emphasis can also be obtained by using an exclamation mark (!)
One is enough

Sieg heil , Herr Robby !!
Zis is not a limerick which you are doing! Vos is das ??
You MUST count your syllables.......otherwise you go to ze Russian front , Herr Robby!!

RedKite wrote:Sieg heil , Herr Robby !!
Zis is not a limerick which you are doing! Vos is das ??
You MUST count your syllables.......otherwise you go to ze Russian front , Herr Robby!!

Nah nah, So geht das aber nicht du kleine drecksack !

Das ist ein Neanderthalischer limerick ja! Da kannst du jedenmal noch etwas von lernen Herr Flieger

ps: TheChoosen, correction please!?

RedKite wrote:Bora Bora,
You have told me that capital letters are "screaming" when you CANNOT shout in print. The printed word does not emanate ANY sound. I use capitals for EMPHASIS. You criticised me, yet did it yourself in your last sentence. You put SCAM in capitals, for the same reason I use them !!!!???
As for Stanford and Madoff ONLY catching PRIVATE investors ......you're wrong!! You mention Madoff's wife and $10 MILLION . That is peanuts!! He went down for $50 BILLION DOLLARS, did he not? 10 million is only 0.02 PER CENT of 50 BILLION.......Infinitesimal!!
On the Piers Morgan Dubai film on ITV, Dr Sulaiman al Fahim , stated there was $300 BILLION DOLLARS worth of Real Estate in Dubai.
Well, Madoff's $50 BILLION is very important in comparison to that.[ Besides that was then. Dubai will be worth LESS NOW, than Al Fahim claimed]
Madoff was only ONE MAN, yet he was handling funds supposedly worth that huge amount. Some financial advisors linked to big banks like HSBC advised wealthy clients to invest with Madoff. Now they [ several] are trying to sue the banks for giving bad advice.
We have not learn the FULL repurcussions of this yet. Huge institutions were involved with Madoff.
Wealthy people from Monaco to Dubai MUST have been involved. If those people are key developers , investors etc , there could be ripple effects.
Besides , how many OTHER Madoffs and Stanfords are YET to be uncovered??

It would help you if you took your time to read responses to your posts. You go way off track. This thread is about the prices of villas dropping.

Whisper: If you are so passionate about the Stanhope and Madoff scams and think you have some valuable information that you can contribute then start a separate thread - perhaps calling it (loud whisper) "SCAMS".

Property price rebound according to one developer;

http://www.gulf-daily-news.com/Story.as ... ueID=31354

i have never really understood why developers' predictions should be considered by anyone, given that they are liley to be very biased !

I mean when was the last time you heard a developer predicting prices to nto increase?

Last October, they were all about how Dubai property market will be the only one to escape the downturn.......

BlackburnRovers wrote:i have never really understood why developers' predictions should be considered by anyone, given that they are liley to be very biased !

I mean when was the last time you heard a developer predicting prices to nto increase?

Last October, they were all about how Dubai property market will be the only one to escape the downturn.......

Exactly. Never trust a developer or a property brokerage.

Find your own truth and act accordingly. And remember; above post is just informative. Every sane brain knows this debacle ain't over yet. Its just starting.

Its merely a reaction from a developer to put their voice out and saying: Were still here! Buy buy buy with us, we can give you cheap property!
But that won't work. Soon the developer will be heading for bankruptcy. Lets consider this a cry for publicity...

I can't believe it. A friend wants to move from JBR one bedroom to Springs two bedroom and will actually save money! One year ago that would have never happened. One year ago two bedroom in the Springs was double the price of a one bedroom in JBR. How times are changing.

NinaSimone wrote:I can't believe it. A friend wants to move from JBR one bedroom to Springs two bedroom and will actually save money! One year ago that would have never happened. One year ago two bedroom in the Springs was double the price of a one bedroom in JBR. How times are changing.

Yes, but the year before last year the prices in the Springs were the same as they are now and JBR was not open yet ... so you also could say all is back to normal;-)

What's the latest position today on Dubai property prices? It is March 10th 2009 at the moment. This thread started in January 2009.
Have Dubai prices dropped since January? If so, by how much. please?

What about Abu Dhabi ? Any drops in prices there?

Robby,

I looked at your www.invezztor.blogspot.com site yesterday. It is well laid out....looks pretty professional. Some of the clickable ads are VERY informative. There is some interesting stuff there.

You have a BIG interest in gold prices.
If you put "24 carat gold prices in Dubai gold souk " into Google UK, you might be interested in the findings.

Sorry......I have the word "interest" or "interesting " 3 times in that last entry.................VERY Interesting!!

Point made RK.
Any more housing news?

well... looking forward for rents to drop... hehe

rahulwitty wrote:well... looking forward for rents to drop... hehe

Like a stone m8

I've been checking out the rental prices for 1-2 bedrooms around me (JBR, Marina, JLT) and there is a huge drop from a few months ago.

What was 120 is now 80-90 and dropping. Brilliant.

Plus they mostly talk about multiple cheques now.

Its about time! The rents were just insane for far too long.

Brand new 1 bedrooms in Discovery Gardens are being listed for 65K.

Captain Australia wrote:Plus they mostly talk about multiple cheques now.

Less quantity of cheques means less price now.

1BR in IC:
36K 1 cheque
43K 4 cheques

Good prices but smell