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Property For Sale in Dubai - Skyrocketing Prices, Yet Opportunities Are There For Investment!
by DigginsJeizhesusita@hotmail.com on Oct 19, 2011
The growth is expected to further boost due to Qatar's winning bid to host FIFA World Cup 2022. Qatar government has showed its interests to invest more than 57 billion dollars on its infrastructure. This will directly impact the construction companies of Dubai and Abu Dhabi real estate sector as they will get major share of projects.The growth of construction sector can also be estimated by looking at the record breaking buildings of Dubai. In the fourth quarter of 2011 world's tallest residential building will be completed. The princess tower located at Dubai Marina is 107 storey high and will break the record of world's tallest residential building. These types of buildings are the avid proof of the conditions of construction companies located in Dubai. When the slump hit, Dubai real estate market was on its peak and the major reason of slump was oversupply of completed projects. The supply was increased and the demand decreased. Now as the market is stabilizing itself, the...Read More >>
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