Dubai Forums

http://www.gulf-news.com/nation/General/10280929.html Dohhhhhhhhhhhh "we have seen accidents drop off in December probably due to long holidays" The correct answer by anyone with more than 3 brain cells is: "the accidents in construction are down because there is less construction&quo...

it is so ridiculous. These reporters just print whatever twat they interview says. Does it not occur to reporters to interview them or at least ask them a mildly challenging question. Al Talkaload of crap obviously doesn't have a clue, the reporter could have helped him a bit, because next month he ...

good, this means no more queues for an outside smoking table

soz matey thats the reality of it. The group with the highest disposable income are the first in the queue for the chopping block. This group also happens to be the only group that come close to even affording villa prices. Mate it is of no consequence to you anyway. You own it so the value has no r...

It is very fair. They lapped up the hype, now they can take the critisism

I sent them to trash

and any more trash you post will also be sent to the trash bin

Mod

Much higher than $75 B. Some $263 billion worth of projects in the UAE have been delayed or cancelled, Morgan Stanley said, citing data of Middle East business information website Zawya. Emaar Properties is likely to be the "worst affected" among Dubai developers by the change in selling ...

If they have arranged a mortgage mate with a Bank in Dubai or anywhere else for that matter, the Banks will pull the clauses out of their bottoms drawer. Hidden clause No 1 The bank reserves the right to call in or seek redemption of the outstanding amount at any time within the agreed term. An offe...

If bought off plan Sage, then no mortgage lender will release all of the agreed amount until the project is signed off. The banks then reserve the right to make a valuation of the property for mortgage purposes to release the balance of the funds. If that valuation does not concur with the original ...

Nucleus wrote:

arniegang wrote:god forbid you lost your job you still have the means for a residence visa.

not really, at the moment.

I was directing my comment to Sage, not you

:lol: http://www.gulf-news.com/nation/Police_and_The_Courts/10281268.html last week it was an Indian at a Mall now we have locals that seem have found their feminine side. Seems the other local in the car is only being charged with impersonating a police officer. The fact he was wearing a dress desi...

http://www.arabianbusiness.com/545291-dubai-office-prices-will-fall-by-35---research This is a more up to date version of current problems Landmark properties have no expertese other than b eing a large estate agency group in Duabi. Personally i wouldn't take too much notice of their predictions. T...

It was me

like i said above the article you pasted had obviously had bits chopped/cut out. You clearly only wanted us to read the bits you wanted us to read.

So please post again and include the link.

It was not personal

thanks

Mod

that was a good post Sage re article

Like i have been saying Dubai Inc is near to bankrupt

I understand Emaar are still sponsoring 3 year investor visa's.

If bought off plan Sage, then no mortgage lender will release all of the agreed amount until the project is signed off. The banks then reserve the right to make a valuation of the property for mortgage purposes to release the balance of the funds. If that valuation does not concur with the original...

bushra21 wrote:i want to see photos!

Do i sense a note of jealousy knowing that 2 local boys could look better than you.

that was a good post Sage re article Like i have been saying Dubai Inc is near to bankrupt We are praying hard for a reversal m8 Mate join the realism department, it will get a lot worse throughout 2009. If you got Sky News, watch it when you get home. The big news today is BP have released their 2...

she knows i am teasing her mate

Sage

Its called inflation. The cost to bring a barrell out of the ground is way in excess of what it was only a few years ago.

I read somewhere Dubai's break even point for a barell is $42.

i just looked up ADNOC production costs and it is the same as Dubai. Also found this quote However, Dourian cautioned that if Abu Dhabi doesn't amend its spending plans this year in line with the falling international oil prices, "they will either end up with a budget deficit or struggle to bal...

You forget one step Arnie and I explained. Which is: You only pay via the bank when the development progression is signed off. If there's no sign off, and the projects fails for instance...you and the bank pay nothing more. But you lose the amount that went already in (worst case) I agree But, if i...

If bought off plan Sage, then no mortgage lender will release all of the agreed amount until the project is signed off. The banks then reserve the right to make a valuation of the property for mortgage purposes to release the balance of the funds. If that valuation does not concur with the original...

bhomes wrote:There are so many families are dependent on the real estate market. I hope Dubai buz again to its maximum.

Better Homes

why dont you buzz off and do some real estate work in the real world.

Geez how desperate are they

Lets not be so down on Dubai, this is our home (for now) and we need to support even if only morally as much as we can. Sage I disagree. Just because its your home that is not reason to bury your head in the sand. I can tell you, things are far worse in the UK and if you ask someone like K dog they...

Red Chief wrote:UPDATE: UAE Delays, Cancels $263 Billion Real Estate Projs-MS

http://www.zawya.com/Story.cfm/sidZW200 ... 0Projs-MS/

There you go, thats is at least half of the Emirates Central Reserve Fund.

For the third and last time i will explain. The other day Kid posted a huge pasted article regarding Dubai's projected growth figure for 2009. The article was clearly cut because the paragraphs didn't make sense. It was also clear sentances had been removed. NO link was given within the post. I mere...

Re the bank. Arnie.... Would you have put your money in a British bank in Dubai......like Barclays ? Common-sense tells me you surely did. I have my investments spread between LloydsTSB and HSBC in Dubai. Through these 2 banks i have offset a large portion of my savings via both their offshore bran...

bushra21 wrote:this all just sounds like a bunch of b.s. ...

seriously people, grow up

quite agree, some people just like to labour a point. Dont they Kid ? !!

Re the bank. Arnie.... Would you have put your money in a British bank in Dubai......like Barclays ? Common-sense tells me you surely did. I have my investments spread between LloydsTSB and HSBC in Dubai. Through these 2 banks i have offset a large portion of my savings via both their offshore bran...