Dubai Foreclosures

Dubai has been much in the news lately, with the possible/probable/never-going-to-happen collapse of Dubai World. Who knows what is really going on and what the outcome is likely to be? For sure, Abu Dhabi will prop Dubai up to an extent, but where will they  draw the line? The specter of foreclosure looms over much of Dubai World’s assets out side of Dubai, but there also remains the possibility that some properties within Dubai may be foreclosed upon also.

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