So where is the property market heading?

Following the scary hikes of 2005, residential rental and price increases may have to stabilise to keep expatriates on board the Dubai express. Ask Dubai residents about their concerns for 2007 and you may hear unease over North Korea's nuclear capabilities, Iraq's continuing descent into chaos or the volatility of the global economy.

But closer to home the most pressing concern is whether the explosive rental increases which characterised the 2006 property market will be repeated next year. Read more..