The announcement was made last week that Abu Dhabi would pledge some funds to rescue Dubai from going bust. Story of Dubai is an example where the personal preferences for mind-less luxury without any future, were implemented. Experts are scratching their heads to see where they went wrong. Was it bad planning on the parts [...]

The reality market is again facing the ghosts of the past. Dubai World’s credit problems are making international realty companies worried. The problems are plenty and it is being seen that major companies which had large stake in Dubai are directly impacted. Another factor is low volume of sale in home property segment. The recovery [...]