| 27.10.2008 - Dubai Property agents fear crash as home sales slump |
| From Zawya: A six-year real estate boom in Dubai that spurred a $475 billion building frenzy has ended, according to agents who say sales are collapsing amid fears that the global economic downturn will hit the sheikdom. "Last month was a real disaster and worse is coming I guess," Mehdi Zoghbi, an agent at Middle East Real Estate Consultantsv said.... Full Article: Source |