Further reports of stabilising property market in Dubai, Recent review by a top property firm states that prices have now corrected and offer a good springboard for growth, key imfrastructure projects like the metro which is due to commence operations at the beginning of september have boosted investors confidence back in Dubai, most real estate agencies are noting good activity even though with temperatures hitting 50 degrees this is a typical quiet time for Property sales activity is good from local and foreigh property investors.

Quite a number of investor are dissapointed as property prices have seen positive growth over the last few months as distressed property sales are no longer available and in fact the shortgage of properties has increased property prices on Palm Jumeirah over the last 2 months quite significantly over the last 2 months. with all villas in short supply the cheaper intr townhouse / canala cove properties have risen from a low point of 4.6m aed for a 4 bed to nearly 7m aed in 2 months and Garden Home villas on the Palm have increased from 6m aed to 7-8m aed plus for a low number property, likewise Siganture villas which hit a low point of 10m aed low number are now trading at 13.5 - 14.5m aed in a little over 2 months, many investors dispossed of the properties just before the crash and now re-invested as property prices fell by 50%, basically could buy 2 properties for their one if they had the cash.