Dubai Property Market: A Survivor

Online, April 29, 2010 (Newswire.com) - A glittering cityscape with a distinctive skyline. Tall skyscrapers that are engineering marvels. Jaw dropping construction plans and awe inspiring real estate outlays. This is the current scenario prevalent in the Dubai property market. State of the art facilities coupled with the latest in design and engineering, buildings that are constantly raising the bar worldwide, Dubai property has truly come of age. Futuristically designed malls, swank and plush beachfront hotels, villas that are the last word in luxurious living, ultra modern tower blocks featuring modern condominiums with every possible amenity.... there is a vast vista of choice that opens up in front of the buyer keen on investing in Dubai property.The recent unveiling of the Burj el Khalifa was thrust into the limelight worldwide garnering worldwide appreciation courtesy, of an unprecedented publicity blitzkrieg. Dubai property and the Dubai property market is once again holding centre stage post the opening. Investors are once again flocking back to Dubai realtors eager to be a part of this burgeoning market.

Despite certain uncertainties and negativities that impacted the Dubai property market as a result of the global financial meltdown, the Dubai property market managed to ride out the storm. It was a much needed and long overdue correction of property values that had raced past realistic perceptions. By realigning itself with changing demands and a more realistic price structure, the Dubai property market has been able to survive and is now scaling new barriers, moving from strength to strength. Instead of potential buyers the property market is out to woo the end user and is succeeding. Kudos to its resilience!!