Senior financial executives put Dubai in a good position to face the challenges of the global downturn.
The fall in real estate prices in Dubai should reach a bottom in just three to four months, according to Ali Khan, executive director of investment bank Arqaam Capital. 'The real estate market will reach a bottom a lot quicker than people are anticipating,' he said.
50 big ones says you're wrong, Ali. I am good for it. Dubai real estate will be down 90% from peak value when all is said and done.