DUBAI REAL ESTATE NOW, AFTER THE CRISIS

Dubai, like the rest of the world, was hit hard by the 2008 financial crisis, especially in the Dubai Investment Real Estate . Though the dust hasn't quite settled, there is enough equilibrium in the sector to allow some assumptions and forecasts. The good news is that prospects are once again aplenty. With huge volumes of product left to market, a return to off-plan projects and purchases is a long way off. Industry expectations of a return to speculation, fueled by cash-rich speculators snapping up distressed property at rock-bottom rates, have not materialised. In reality, fire sales were often conspicuous by their absence, with astute property groups and even sellers clinging to their holdings. So, rather than the "gold rush" mindset of five years ago, we now have something that resembles mature real estate markets around the globe. To that end, here are five insights and forecasts about Dubai's real estate market right now. 1) Speculatio...