| Many Filipinos are roughing it out in Dubai, living in cramped flats and sharing accommodation, so that they can build their dream nests back home. Demand from expatriates has been so encouraging that the first Philippine Property Show was held in Dubai in September.
Manila’s top five property developers booked about Dh48.50 million worth of properties from the UAE-based Filipinos in 2007, according to some estimates. And according to the project director of the show Jovy Tuano, this very demand has also helped the property market in the Philippines weather the sub-prime crisis currently ravaging global markets..... Full Press Release: Source
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