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Appeal of the Western Furniture

June 29, 2009

Analysis of:Furniture - Dubai market has large export appeal | bit.ly

The occupants of the Desert lands have a distinct leaning towards Western furniture brands. Primarily there are 2 kinds of customers.One the expatriate population and the other the local population. The westerners prefer having furniture akin to the kind they have grown up with. As for the locals while they hold on very rigidly to their local culture and religion, furniture is one aspect that cannot be questioned as a movement away from local beliefs or customs . Hence be it holidays abroad or the designer wear under the traditional abhayas they sure do prefer American/European brands. There also is a societal image perspective to the possession of some premium brands of furniture from the West. Additionally the sizes of most homes resemble multiple football fields joined together. This makes it easier to house the large size furniture's that the west is known for.However whatever be the leaning towards western furniture the traditional majlis of every home is necessarily Arabic .

Sinking Desert Sands for Investors in the Dubai Property Market

June 25, 2009

Analysis of:Dubai - one of the riskiest property markets | www.propertywire.com

Close on the heels of the overall global economic scenario, property investors in the much hyped and speculated Dubai markets got a rude awakening towards the 4th quarter of 2008 . Buildings in the desert were rising like lego blocks .Designer Apartments, Apartments offering all kinds of amenities leading to nirvana, villas set in the ocean on the fronds of the palm,miniature versions of different countries part of the much hyped about World Project.Bollywood stars like Shahrukh Khan competed with International bigwigs the Beckams,Hillary Swank.... Alas all the glitter and glamor were not to shine bright for a long time. With the economic slowdown came the pink slips and the heavy loan payouts were looming closer every month..To add to the misery the absence of a Local Residency not being possible made it difficult for the new owners to meet the loan commitments. Several high rises dot the horizon waiting to welcome their occupants..

A sharp rise in Demand for properties along the Red Metro Line

June 25, 2009

Analysis of:Property prices could rise around metro stations in Dubai | www.propertywire.com

As witnessed globally in the real estate market, any change in infrastructure can bring about a direct change in the Property Prices in the vicinity. The much awaited Dubai Metro Red Line will bring about a meteoric rise in Rents and Property Prices for sure.The city which has a large expatriate population with their families will find a major relief in commuting within the city from September 2009. Currently the citys public transport system has only the RTA buses or the Public Taxis to fall back on.Both of which are non -practical. Waiting for long periods of time in the scorching desert heat was a ordeal suffered by residents for decades.People travelling by private cars also had to face a slightly heavy toll charge and also endure traffic jams. . With the Red line trudging along a major part of the city ,families will now try and move closer to the metro station in an attempt to solve their daily commuting problem.

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