London Dubai Overseas Property Investment

Corrections are seen to be the way to go for Dubai's real property sector, according to a top asset management company official, cited by Gulf News. Shehab Gargash, CEO of Daman Investments dismissed the idea of a crash. Some developers also agree that prices are unreasonably high. Overall, the recent slowdown in the market is seen as temporary shake up but onwards to continued growth.

Schön Properties has hired NSCC for an additional shoring and enabling works, costing Dhs27.5m to handle Zones Two to Eight of the Dubai Lagoon project. The company said on site mobilization will begin in a fortnight once all permits have been processed. Works are expected to finish approximately six months including site preparation, shoring works, and the excavation of 600,000 cubic metres of sand.

UK based overseas property developer Select Property has today launched West Avenue, a 32 storey luxury Manhattan style complex on one of the last remaining plots on Dubai Marina. West Avenue, a joint development partnership with Dubai based Select Group, is the seventh tower to be launched by the companies  who have already sold out six off-plan developments on Dubai Marina.

If you could buy an apartment in a six-star Cape Verde resort for just 6,000 euros, take ownership upon completion in 2010, have absolutely nothing to pay until 2015. GEM Estates introduce the Exchange Bond.