Taunya Fagan Bozeman Real Estate Blog: SW Montana Information & Listings: Amazing Middle East Real Estate Boom in Dubai - "The [new] "World"

Amazing Middle East Real Estate Boom in Dubai - "The [new] "World"

Indoor skiing and the world's tallest building are just some of the amenities of the Dubai ruler, Sheikh Mohammed bin Rashid al-Maktoum's amazing city project of 300 islands, called "The World." (I believe 60 Minutes had a piece on this development late last year.)

This vice president of the United Arab Emirates has created a real estate boom in the Middle East, with out-of-this-world amenities and property appreciation: real estate purchased for $700,000 in 2002 is now valued at nearly $4 million and basic condos, selling for under $100,000 a few years ago, have tripled in value... 

For more: Dubai Dreams  

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Comment balloon 1 commentTaunya Fagan • February 02 2008 08:45AM

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Taunya, and Tiger Woods is playing in a tournament in Dubai now too. Dubai is definitely on the map for those in the know.
Posted by Gary Woltal, Assoc. Broker Realtor SFR Dallas Ft. Worth (Keller Williams Realty) almost 10 years ago

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