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Burj Dubai, Downtown and Business Bay Oct 2009

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indexoptionstrading (2 weeks ago) Show Hide
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BANKRUPTCY has its ways.... Real estate down 60-70% ..They half completed that Spike in the Sky and the sand around it makes it look so bizarre..Dubai World is drowning in debt 60 Billion shaking financial markets all around the globe.
ghostian76 (2 weeks ago) Show Hide
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Real Estate is down 60% in the worst area's but the building next to the nearly completed spike in the sky are now only 30% off peak. The debt of one of the US or UK banks more than the total of Dubai.
pascalcs (3 weeks ago) Show Hide
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Wow, they are so much bankrupt. Yet another example of spoof finance.
HJAMA001 (4 weeks ago) Show Hide
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this is from the same country that builds islands that mimic the shape of the world, wow they have so much money
muimrm (4 weeks ago) Show Hide
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Actually they don't have that much money, they just take a lot of loans and invest it smartly. Abu Dhabi does have a lot of money though.
filleman17 (4 weeks ago) Show Hide
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This what happens when a land has a giant amount of oil
ghostian76 (4 weeks ago) Show Hide
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Dubai has little oil, nothing compared to Texas. Just shows what you can do with a little intelligence.

The property boom was fueled by oversea's investors wanting to live in a TAX FREE land and not by Oil.
FreshPrinceOf2Fort (1 month ago) Show Hide
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I think its so suicide bombers can't drive straight through at full speed.
Gregi111 (2 months ago) Show Hide
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just amazing!!
DanielSevilla17 (2 months ago) Show Hide
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yeah in like 5 years

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