It is reassuring to know that foreign investors are allowed to own property in Dubai, but a little research and a spot of prudence are necessary when land titles and ownership deeds are concerned. It may be advisable to join a forum or community of investors who have already travelled the route on which you are embarking and who have already made healthy returns on their investments in the luxury property market. Some advice on relocation and issues like land titles, freehold ownership, taxation, Dubai mortgages and more never goes amiss.

At the time of writing, early January 2009, most of the world is in recession, which effectively means that the money supply tap has been turned off as far as buying luxury property is concerned. Certainly that is true for the majority of us but that generalisation applies less to the luxury property market of Dubai than anywhere else. One could say tongue in cheek that many of the Dubai property buyers are just a tad beyond the most ravaging effects of the recession, and so whilst the ordinary mortal may have to think twice about a purchasing our second home or retirement home in the area at the moment we must also consider the people who are virtually "recession proof" such as Premiership footballers, many of whom still continue to pick up £100,000 per week plus bonuses and advertising fees - and how many like that are there worldwide? Masses and masses, and that is just one example of the type of buyer which is attracted to the Dubai luxury property market.

Recessions, Credit Crunches, whatever you want to call them just happen periodically and it seems that there is no way of stopping the phenomenon from catching us every twenty years or so, but we must always remember that as well as making some people short of money a period of recession also makes some others wealthy. Not only that but the property market is always one of the first to suffer in such times and prices take a tumble, but as with precious stones, fine wines and rare mint stamps the luxury property market has a way of being buoyant throughout, and that applies especially to the Dubai market.