Strong Dirham and Weak Pound means buy land.
…and with falling property prices where Dubai house prices are down 25 per cent (source Gulf Daily News) and property prices may fall up to 50 per cent (source Khaleej Times).
Is it time to consider an alternative?

Scala comments on the current financial crisis.
1. Goldman Sachs: No longer an investment bank
2. Lehman Brothers: Bank collapses after 158 years of trading.
3. Merriyl Lynch: Bought out by Bank of America
4. Bear Stearns: Bought out by JP Morgan Chase
5. HBOS plc: Bought out by LLoyds TSB
Scala Land Group goes from strength to strength.

With fluctuating house prices, is it time to invest in land…?
Scala Land Group offer a less volatile investment in these uncertain times. Land has consistently performed well against other forms of investment, so there has never been a better time to diversify your portfolio.

In his role of Special Representative for International Trade and Investment for the UK, His Royal Highness is responsible for helping British businesses to improve their prospects in international markets.
On the Duke of York’s website His Royal Highness’ responsibilities are detailed as:
“1. Maintaining strong government and commercial contacts and relationships in the UK and abroad [continued]

A storm equivalent to the most violent of the last century hit the UK yesterday resulting in heavy rain, lightning, gale force winds, flooding and hailstones.
David Rooke, the head of flood risk management at the Environment Agency, said: “People living in properties in low-lying exposed coastal areas along the south west, Wales and north-west England [continued]

This event organised by the Evening Standard had an authoritative line-up of speakers including the housing minister Yvette Cooper.
Questions from the public such as ‘Is there an actual housing crisis?’ were put to a panel consisting of the following speakers:
Yvette Cooper MP – Minister for Housing
Steve Norris – Former mayoral candidate and Conservative MP
Neale Coleman [continued]

Natural England, the government advisors overseeing England’s conservation say the 50 year old zone surrounding London should be broken up.
They are proposing in a policy paper:
- To maintain the safeguarding of the best parts of the green belt
- Areas of less environmental importance should be built on, with preference of [continued]

On September 27 the BBC reported that the Housing Minister, Yvette Cooper, would give details of government plans for achieving its ambitious home building targets, at the Labour Party Conference on Thursday. This follows Gordon Brown’s pledge earlier at to the Conference, that by the next decade 240,000 homes a year will be built.
A shortage [continued]

Another successful show
Scala’s presence in this major London exhibition proved to be hugely popular. Due to the avalanche of recent press concerning housing, and by helping clients diversify their portfolios away from turbulent markets – resulted in Scala’s busiest show ever!

Reuters news article states: “After decades putting up – and tearing down – hundreds of thousands of cheap identikit homes, Britain is planning a new wave of housebuilding with a major challenge: to produce communities that last.”
In addition, this insightful article highlights that:
“mechanisms are needed to encourage smaller landowners to pool resources and [continued]