First of all, I am sick and tired from people like you who eagle-eye this forum for anyone who dares to step forward to give a sense of positive review for this chapter of horror in Dubai Saga…
If you choose to close your eyes and ears and your unwilling to see a shread of light within this darkness, it’s your choice..
Just please don’t bully other forum posters for posting positive news just because it is against your Prophesy that Dubai is coming to an end…
The following are the facts as I saw it: (and I am living in Sharjah for the past 5 years , and my brother travels to Dubai everyday for work)
1) The commuters’ traffic from Sharjah going to Dubai didn’t decrease at all in the last 4 months… the traffic starts at 6.00am and goes to a standstill by 7.30am and only becomes “ok” by 10.00am.
2) The traffic has indeed decreased in Dubai, however it was due to the goverment’s road-related jobs finishing (including some diversions for MetroDubai’s stations) and bridges open fully for traffic, thus the traffic jam naturally decreasing…
3) Indeed there has been a lot of layoffs and the demand for housing has decreased… but it’s only new back to normal figures 2-3 years ago (e.g. rents for 1 B/R houses in Discovery Garden as decreased from 120,000 DH to 60-70,000 DH) and that’s reasonable… talking about 5% of overall house value in rent. That’s ok!
4) I’ve been asking people close and far, how many of your friends has been fired? (i.e. people that you personally know) they would answer, 1 or 2… it’s not like people are getting fired left and right… and usually those who do get fired are from Construction companys… but what’s the percentage of people who work at construction companys? is it 10 or 20 percent of the overall population?
well… ? it’s normal, there is a world-crisis… but you should not blame Dubai and it’s system… it was able to rise to this level (with all of it’s system’s imperfections) and it will be able to rise back again… just give it a break, will you?
of course, if the world economy does recover and Dubai doesn’t, well… then you’re right… !
5) oh, and Burj Dubai and MetroDubai work is going-on as usuall… no slow in pace, FYI
6) I’ve visited the Atlantis, and the bars and restaurants are sparkling with life!
7) I’ve visited the malls, and while the prices are down, people are still buying and dining as usual.. where is this crisis???
8) My company, and oil and gas company, is still hiring… if you’re a good talented engineer and want a job, please PM me and I will give you the link to. We’re opening a branches right now in Saudi Arabia and Abu Dhabi…
True, this crisis has effected many people, but not everyone! Not all Dubai’s property companies are ******* thieves and not all industries in Dubai are doing bankrupt and not all people are driving the to airport and leaving their cars…
True, it’s not the best time to own a propertly, since cash is king, but it doesn’t mean that if you own a property then you’re automatically going to loss! not on the long run!
Please let’s stick to the facts!
from Best Chandeliers And Home Lighting in UAE – Homenoon https://www.homenoon.com/property-in-dubai/is-the-dubai-property-market-falling-apart-or-finding-a/
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