What does everyone think of Dubai Property prospects? Are they lucrative? Why? Which ones? Any info at all
Here’s my 2 cents on Dubai and the UAE…
I lived there for a couple of years in the late nineties. At that time, expats (non-nationals) couldn’t even consider buying property, only leasing it. Even then, what a hassle! Getting a landlord (again, a ‘local’) to do anything was next to impossible.
I know that they have now opened up property ownership to non-nationals, but from what I can gather, it is only for “99 years”, then reverts back to the national ‘sponsor’ of the project.
Personally, I am staying away for it! Again, just my 2 cents.
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