Taunya Fagan Bozeman Real Estate Blog: SW Montana Homes: MLS 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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1 comment • Taunya Fagan - Today's Montana Listings: Bozeman Real Estate: Luxury Homes: Land • February 02 2008 08:45AM

Comments

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) over 4 years ago

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