Jul 04
The explosive growth of real estate fractionals may suprise some of you considering the slowness of the normal residential real estate segment. The growth rate exceeds double-digit growth and the trend is carried into some of the hottest real estate markets worldwide. For instance,Â
even Dubai, one of today’s hottest real estate markets and incredible luxury resort area is catching the massive wave of fractional real estate.
RCI, the global leader in vacation exchange, and one of the Wyndham Worldwide family of brands (NYSE: WYN), and VH Dubai have entered into an affiliation agreement whereby VH Dubai will offer prospective purchasers the opportunity to own a piece of the Palm Jumeirah.
June 9th, 2010 at 7:41 am
But I think that situation has now started to improve as real estate prices have descended a lot and now investors are starting to invest in Dubai real estate with the forecasting that prices will start rising again within a few months but still prices are declining as it is evident from http://www.bayut.com/Property_News/uae_property_news/dubai_to_have_about_47_000_new_hous-761.html