Dubai's property markets seem to be in a free fall and are experiencing all kinds of problems.

It would be best to stay away from Dubai and rid yourself of  the feeling that all that glitters in Dubai must be gold.

It isn't.

Sewage on the beaches

Recently, Dubai's prime beach front, the Jumeirah area as well as the Marina and the Palms sea fronts were completely covered with sewage. The reason? Dubai's infrastructure is breaking down. Dubai's sewage collects in septic tanks and needs to be trucked to the sewage treatment plant at Al Awir. However, tankers carrying sewage face an up-to ten hour wait there. They have therefore taken to dumping the sewage into the storm water drains. These drains carry the sewage to the sea. Read the full article here.

7,000 apartment owners on Dubai’s Jumeirah Beach have been hit with a massive increase in service charges!

Dubai Properties sold the development as a luxury complex of forty towers comprising 7,000 residential apartments and hotels. It displayed plans and told buyers they would develop acres of beachfront recreational facilities, clubs and gyms. Two years after the completion of the construction they have failed to materialise. One very large section of beachfront, earmarked for beachfront recreational parks, was converted to a bitumen car park earlier this year for commercial, despite calls of condemnation by irate JBR owners and residents.

Occupiers of apartments have consistently complained of the services of the management company saying windows are cleaned only twice a year.

Nonetheless Salwan wrote to Jumeirah Beach residence owners this week advising the services charges levied against their properties would rise from AED 9.50 dirhams ($2.60) per square foot to AED 21.75 dirhams ($5.95) per square foot. Despite the letters being dated 4th December 2008, the manager advised the charges would be backdated to 28th September 2008....read the full Baltimore Times article.

To us at Gr8Dubai.com, it looks like the Dubai bubble is bursting.

Stay away. Or venture where angels fear to tread.

To contact us by email, click here