Black Arrow Real Estate

I walked out of the Lift as I luckily parked my car in the Basement of Emaar Sales Office in Dubai Downtown area. A gentleman walked up to me and my friend and asked me, "today is Saturday it looks like Emaar is looking for new staff, there are hundreds of people waiting outside to be interviewed". I looked at my friend and smiled, we explained him that the people outside are waiting to obtain tokens to purchase Emaar Properties new Launch. There were not hundreds but they were thousands of people outside Emaar Sales office in the hope of buying their new release. On Thursday people received a Text message from Emaar inviting them to buy the Properties they are about launch on Saturday 13th APR 2013. At the same time there were hundreds of people outside Emaar office in Downtown. It reminded me the period before the crisis in Dubai. I decided to visit the area a day before the launch on Friday just to see investors appetite for the Villas. I was actually quite amaz

In 2008, we encountered a taxi driver who approached us seeking to rent an apartment. It was a challenging period for renters due to the soaring rental prices. The government's implementation of the "one villa one family" policy and the planned demolition of a section of Satwa added to the strain on the already limited supply of apartments in Dubai. Returning to the taxi driver's story, despite having a steady income, he faced great difficulty finding suitable accommodation. We informed him that an apartment would become available in three days. However, with nowhere else to go, the taxi driver shocked us by sleeping in his taxi outside our office for the entire three-day period, just to secure the apartment. This incident highlights the desperation of the situation. During that time, we frequently had landlords approaching us, requesting us to ask tenants to vacate their apartments at the end of their tenancy contracts. Rental prices were escalati