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Credit Crisis Hurts Celebrity Luxury Real Estate Owner’s in Dubai

by Marquette Turner

in Features, Rich & Famous

Celebrities, who own elite real estate in Dubai, are dealing with the same credit crisis that the rest of the world’s population is enduring.

Whether it’s soccer starts such as David Beckham and Michael Owen, media stars including Brad Pitt and Angelina Jolie or Michael Jackson, or Formula 1 legend Michael Schumacher, losses of around $100,000 USD are being lost PER WEEK.

For instance, a four-room villa worth $4 million USD several months ago is now available for $2 million USD. Quite simply, no one is immune, no matter how wealthy.


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Simon Turner

{ 3 comments… read them below or add one }

sangky March 15, 2009 at 5:31 am


sangky March 15, 2009 at 5:31 am


sangky March 15, 2009 at 3:31 pm


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