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NickTheGreek

Hey Arnie, can i ask what industry do you work in......banking, real estate, hedge funds? As you seem to know what is going on in Dubai i was interested to know. I remember back in the UK the papers had been saying that house prices are going to fall EVERY year since 2000 and look, it has taken 8 ye...

NickTheGreek

As regards "off plan investments" its interesting that Nakheel has shelved all future building projects (commercial and residential) and no further developments will take place until further notice.

I haven't heard this...what about the 1km tower is that also not going to be done?

NickTheGreek

I am going to agree with Phil. Nakheel scrapping Waterfront, The 1km Tower (largest in the world), Trump Tower - do I need to carry on! Why would you look at a property that is going to decrease in value than increase..... surly the investment matures ! I don't mean to harp on....but Arnie, you didn...

NickTheGreek

Hey Bedro...........I just want to make sure that you understand that, the comment about Nakheel was not from me, if you read the post above mine then you will see. Phil, yes I can see that AD is going to correct way to develop everything, there is still a huge housing shortage at the moment, AD is ...

NickTheGreek

Hi Guys,

Like everyone else I am looking to learn Arabic let me know if anyone can help.......... send me your email address.

cheers

NickTheGreek

Hi Guys,

Just to let you know, a US passport holder from my office done the Hatta run today and got 30 days!! So they haven't closed that door then! (Yet!)

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