Archive for the ‘Dubai’ Category

20 Feb, 2009

Dubai luxury so over for now

Posted by: Marian Salzman In: Dubai| global economy

Dubai is not having a good week. The city with a grandiose reputation is not only reeling—like the rest of us—from the economic crisis, it’s become a symbol for all that led us here … the extravagance and indulgence. Vogue editor in chief Anna Wintour called it out this week as a synonym for excess, [...]

Laid-Off Foreigners Flee as Dubai Spirals Down – NYTimes.com

11 Jan, 2009

Doubting Dubai

Posted by: Marian Salzman In: Dubai| building boom| real estate

http://www.time.com/time/magazine/article/0,9171,1856994,00.html

  (Reuters)
Property values could tumble as much as 20 percent in the next three years in Dubai.


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