New developments launched in Dubai as property market sentiment picks up

[Nicholas Wallwork]

The United Arab Emirates is expecting positive economic growth and figures indicate that the residential real estate in Dubai is recovering with more foreign buyers coming back to the property market. Land transactions in Dubai increased 21% to reach AED63 billion in the first half of 2012, figures from the emirate’s land department show. There [...]

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[Lysos]

Benjamin Disraeli reportedly said ,"There are three kinds of lie - lies, damned lies & statistics".

Reading through the threads on this forum, with countless instances of unfinished/unstarted projects & outright theft, how can anyone believe there are still people 'investing' in residential projects ?. Even with completed projects, just where is the rental demand coming from ?. We've all seen the tv reports of luxury cars abandoned at Dubai airport as expats flee.