Dubai deals up 19% in January, says Hamptons

Posted by: bazza Wednesday, 27 February 2013 11:16 AM[UAE] - U.A.E.

transparency, that's the word we are looking for. You are right, Hampton's is owned by Emaar.

Posted by: nice Wednesday, 27 February 2013 11:16 AM[UAE] - UAE

I think you are all missing the point. ALL estate agencies have a vested interest in talking up the market. They only get paid when deals happen. Whether Hamptons is owned by Emaar or not it makes no difference - the reality is that the agents are trying to drum up business and create hype around the market in the hope that more people will come and buy. It does seem more bouyant but with the majority of buyers being cash buyers and the owner occupiers being priced (and valued) out of the market due to the mortgage companies reluctance to lend and the valuers reluctance to value at market value, the liklihood is that the market will remain unstable. You need people here for the long term to create stable growth..if that's what's wanted.

Posted by: Back to the futur Tuesday, 26 February 2013 2:44 PM[UAE] - Germany

Red Snappa comments are usually very informative and make sense. I leaned in school a different definition for bashing; But maybe this is a new definition only in Dubai ? What ever it is; Dubai Real Estate market is just an illusion; More people will get burned again; History always repeats it self.

Posted by: PPM Tuesday, 26 February 2013 2:41 PM[UAE] - UK

Neat.. almost all of the comments are about Snappa's very relevant comment.
Everybody seems to have almost automatically discarded Hamptons blurb into the PR hogwash bin where, I guess, most people in UAE have always put anything to do with RE.
Maybe AB should hire Snappa for a regular column. It would certainly be more entertaining than most of the fiction-as-fact advertorials that crop up all too frequently here.

Posted by: procan Wednesday, 27 February 2013 12:29 AM[UAE] - canada

Thank you PPM . I am grinning ear to ear! A little well place humor is just what AB needs. : )

Posted by: one of the joes Monday, 25 February 2013 12:16 PM[UAE] - uae

@INP, asking a question to verify ownership structures and thereby help understand interests of companies qualifies as bashing in your view of the world?
@Lucas, kind of same applies to you. where did you say a comment that could be qualified as lame in Red Snappa's original post?
Your statements read like an attempt to pour your own preconceptions into R.S. pretty simple statement. usually people do that they feel hurt, easily loose their rationality. is that what happened to you?