After the financial crisis, debt crisis, the government was caught in debt crisis and investors confidence was badly shaken. It was once widely rumored Burj Dubai is likely to be the deep-debt contraction. However, now the building is finally completed, and naturally become the world’s attention.
It is said that the property price of Burj Dubai going to shrink about 50%, but the price per square meter is still as high as 10,000 U.S. Dollar. The height of Burj Dubai reached 828 meters high and you can say that for this height, it not only dominate the heart of Dubai people, it has conquered the world as well by letting capital continuously flowing in.
The high cost expense on this building has make Burj Dubai tower synonymous with luxury. Many economists have concerns and fear that Dubai tower will once again making Dubai real estate falling into another crisis.
Many people are crazy about the officially launched of Burj Dubai’s, including the government of Dubai and RERA Dubai. Burj Dubai real estate developer Elma company and the property owners, no matter they have earned or loss in property and real estate market, at least for now they can continue their dream of making money in Dubai real estate and property.
Many local people confirmed that due to the property price in Dubai has felt 30-40% during the Dubai crisis, it is now attract a lot of investors all around the world to invest again in Dubai property.
Thus, the truth is, Dubai property and real estate is still a money game.



January 20th, 2010 at 7:07 am
A very nice post worth reading and yes, for sure Dubai real estate is still a money game. The Burj Al-Khalifa (Burj Dubai) has already been occupies up to 90 percent. This is a clear positive sign for the Dubai real estate market.
July 28th, 2010 at 3:04 am
Real Estate is still the best investment you can get, land properties always increase in price as time goes by.~,~
October 24th, 2010 at 12:22 pm
if i were to invest on a business, i would invest on a real estate business because it is the best and you can earn a lot~“