Property in Dubai

Real Estate | Getting Over the Dubai Syndrome :: By Sim Whately ...

Most of us with any knowledge of politics or medical literature will be aware of the Munchausen Syndrome or the Stockholm Syndrome. In recent times, you will be amused to note that a new syndrome called the Dubai syndrome has emerged from the UAE. The Dubai Syndrome is nothing more than a longing for being once again in the city of Dubai while being allowed to work and live there- just like in the boom times of the real estate industry. While many of you reading this might be smiling or dismissing it as hardly rooted in reality, the truth may shock you. For those that had spent many years of their working life in Dubai, or indeed those freshers for which this indomitable city gave them their first chance of a well paid job complete with an enviable lifestyle, Dubai remains a city they love but were forced to leave. Back in their home countries, many of them spend a lot of time reminiscing about the good old days in between applying for work and going for interviews. There are a few that cannot reconcile with the culture and the conditions of work at home, added to the increasing demands and reduced salaries. These are the ones that will miss Dubai the most. But it is important for them to gauge the reality of the situation and come to the conclusion that the past is best left buried, and the sooner they get back on their feet, the better it will be for them and their families.
While most of us look at the Western expatriate population as the major losers in this scenario, the truth is that most of them have been successfully absorbed in their home countries or in another part of the Gulf. In fact it is the wage earners of the third world that have suffered the most. It was they who had been sending the much needed foreign remittances to their families in the home countries that supported people at home as well. It was a life of sacrifice but many were forced to do it because of lack of job opportunities and low pay at home compared to the Gulf States. Many of them...

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property for sale in Dubai - News

Dubai World asset sale nears, debt talks plod Reuters - Feb 03, 2010 Daily Star - LebanonOther possible sales could include units from Dubai World's troubled property subsidiaries Nakheel and Limitless. Some of the high profile international Dubai Bailout Rally Evaporates on Standstill Silenceall 69 news articles »

Dubai World woes behind Istithmar's stake sale: SpiceJet Moneycontrol.com - Feb 05, 2010 Dubai World woes behind Istithmar's stake sale: SpiceJetOn the rationale for the stake sale, Singh says Dubai World is having some issues which has caused this liquidation. Istithmar World is an investment arm of and more »

Dubai's Istithmar puts Inchcape on sale for $700 mln -FT Reuters - Feb 03, 2010 ArabianBusiness.comDubai's Istithmar puts Inchcape on sale for $700 mln -FTLONDON, Feb 3 () - Dubai World's investment arm Istithmar has put port and shipping agent Inchcape Shipping Services up for sale for $600 million to Inchcape put on sale for $700 million by Dubai's IstithmarMany preparing bids for Istithmar marine firmShipping off their successful assetsall 49 news articles »

Construction in Dubai is a matter of peaks and troughs This is London - Feb 05, 2010 But two days ago, property agent CBRE reported bad news for developers, saying that office-leasing has more than halved and there are “few signs to suggest and more »

Property developers stand by disgraced golfer Tiger Woods even in the more ... Property Wire - Feb 03, 2010 Although no date for completion is being given by the developers Tatweer, part of Dubai Properties Group, designs for the villas are being completed before and more »