@drake, no doubt that prices will go down, but I doubt it'll go down in sync with Dubai.
Dubai is in a totally different country.
Property rental at the moment for very nice apartments per month is higher than a mortgage, so buying an apartment. Living in it. Paying the mortgage, then re-selling when you leave is the smart way to go.
The best country for investment in the GCC IMO is Bahrain.
@drake, no doubt that prices will go down, but I doubt it'll go down in sync with Dubai.
Dubai is in a totally different country.
Property rental at the moment for very nice apartments per month is higher than a mortgage, so buying an apartment. Living in it. Paying the mortgage, then re-selling when you leave is the smart way to go.
The best country for investment in the GCC IMO is Bahrain.
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Mr. Q's Blog - A Qatari's view on Qatar.