Dubai Leads List Of World’s Worst Housing Markets

Dubai tops the list of the world’s worst housing market in the past six months, but is a turnaround imminent?

Dubai has been the world’s weakest housing market in the past six months, eclipsing the embattled and tortured real estates markets of Greece, Spain and Portugal, according to a survey from U.K.-based real estate consultancy Knight Frank.

At a time when global housing prices have risen by 2.8 per cent, Dubai’s housing prices have fallen 10.1 per cent in the past six months, and 6.1 per cent in the year. Read More On Zawya

Dubai Tourism Gets A Boost, But Egypt and Bahrain Will Struggle This Year: Citibank The emirate’s economy may benefit as international visitors choose hotels in Dubai over other troubled regional tourist destinations, notes Citibank. But Egypt and Bahrain will suffer from poor growth. The...
What The Forbes Billionaire List Reveals About Middle East Turmoil What the Forbes billionaire list may tell us about the problems of wealth-distribution in the Middle East. Read More...
Recycling Petrodollars To Curb Inflation In Emerging Markets While oil inflation fears in emerging markets are warranted, these risks are being mitigated as Gulf oil-exporting states buy emerging market products and services as part of their fiscal spending...

4 comments

#1ChadwickApril 2, 2011, 9:36 pm

Useful material! I have already been looking for something such as this for some time now. Thanks for your insight!

#2FranciscoApril 4, 2011, 6:35 pm

Thank you for trying to explain the terminlogy for the newcomers!

#3Simon CreedJuly 31, 2011, 8:19 am

Hi alifarabia

I like the subjective way you are writing, a really good slant on the topic.

Keep it coming…

#4alifarabiaJuly 31, 2011, 9:51 am

Many thanks for your encouragement!

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AlifArabia’s aim is to offer a brutally frank but sincere analysis on the Middle East region’s business and political issues. It wants to see a thriving and dynamic Middle East that encourages corporate and government transparency, investments and policies that allow the economies to grow.