Dubai Meltdown

[Domino]

Anyone here still investing in Dubai ? The property market was over inflated and the bubble has burst.

[sheekh-Farax-zero]

most somalis lost their money in 2008,, Adde muuse was the 1st

[Domino]

Sheekh

It was a major ponzi scheme. I hear in Dubai it is a crime to become bankrupt. They have debtor prisons

[Ka darag]

DUBAI = SHITHOLE.

[sheekh-Farax-zero]

DUBAI = SHITHOLE.

no,, Dubai is 1M X better than your rat house in southall

[Hyperactive]

it was very clear and un realistic and fake how fast that city was growing and suddenly.

the riba is what hunting them down and they`re unable to pay their loans to the banks!!

every one who was not easy to be impressed could imagigine this crises was coming soon or later.

[Ka darag]

DUBAI = SHITHOLE.

no,, Dubai is 1M X better than your rat house in southall

fuk u ....muppet...i dnt even live in shitty Southall...no it aint....ive been to both....I prefer Southall Broadway to shitty Dubai any day

[gurey25]

The fundementals are still sound.
The rulers of Dubai just got carried away with the money that was thrown at them..

It was obvious to most people that it was a bubble..
that's why you are an idiot if you invested in luxury properties, we bought very cheap apartments that would be in demand for rent,
so we really dont care if the price of the property rises of drops, as long as we get a steady income from rent.

[gurey25]

it was very clear and un realistic and fake how fast that city was growing and suddenly.

the riba is what hunting them down and they`re unable to pay their loans to the banks!!

every one who was not easy to be impressed could imagigine this crises was coming soon or later.

Hyper this is a kaafir world we live in, we are just mere slaves.
all of us breath drink and eat riba.
every muslim countries economy is fully based on riba..
its come as part of the package of bieng slaves to the west.

[Hyperactive]

gurey bro, i understand that and really thought about it hardly.
but carring too far with that much riba and geesinimada loogu bareerayo is beyond me.

if you're forced Allah most forgiving but what i cannot understand dadka o bareeraya that desease and expect to get benifits out of it or ka tajiraya ba.

wallah wey iga geesisen yihin aniga. i fear punishment of Allah in this world before the hereafter.
because Allah clearly told us how destroys riba the society and person too, because person can carry on and get too greedy like what happening to some rich people.

[*Nobleman*]

The fundementals are still sound.
The rulers of Dubai just got carried away with the money that was thrown at them..

It was obvious to most people that it was a bubble..
that's why you are an idiot if you invested in luxury properties, we bought very cheap apartments that would be in demand for rent,
so we really dont care if the price of the property rises of drops, as long as we get a steady income from rent.

Walahi my family was kinda lucky. We were about to chip in together to buy 2 properties in dubai, we paid the deposit of 2k gbp and my sister was warning us that the bubble would burst. Only thing that stoped us was the agency we were dealing with, they became unrealiable and never responded to many of out questions, we paid the 2k deposit to secure registration and interest which we never gt back, but alhamdulilah we could of lost 213k!

[Basra-]

it was months ago when i saw dubai on 60 minutes-- i couldnt wait for their colapse. Mashalaah, its here now.

[Babygirl-]

Abu dhabi is paying their debt so inshalaah they will be fine.

[yunis09]

Abu dhabi is paying their debt so inshalaah they will be fine.

babygirl eid wanaagsan
even if AD pay up and rescue their cuisins, it wont be like it used to be.

[Ganjaweed]

When this



turns into this



Then you can start to say dubai meltdown.