To buy or not Dubai...

Giant palm trees, massive maps of the world and underwater hotels: Nick Lord examines the Dubai property market, one of the most exciting in the world.

A villa in Phuket is so 1990s; that estancia in Spain, very old Europe. The house in London is bought, the apartment in Hong Kong being lived in, the holiday homes in the Med and Caribbean are all there, even the ski lodges in Canada or the Alps might seem a bit passé. So what is there left for the family that has properties everywhere they need?

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