The Dubai Miracle

13th of May, 2018

You can hear the Land Barons screaming it out now –


At Calnan Flack we completely agree, however we go further by describing why location is so important and how it explains the last 200 years of Economic Boom Bust cycles. Our 5 Key drivers are crucial in any economic or real estate expansion.

These drivers explain the how, when and where of any economic, real estate or credit expansion (and contraction!)

SO, sit back and watch this excellent time lapsed YouTube video by Knight Frank titled “Dubai Evolution from 1960 to 2021”. And ask yourself how the 5 Drivers are impacting and influencing the Dubai Miracle.


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Disclaimer: Any opinions or recommendations expressed here do not purport to Financial Advice but rather should be considered General Advice and does not take into account your personal needs and objectives or your financial circumstances. You should therefore consider these matters yourself before deciding whether the advice is appropriate to you and whether you should act upon it. Should Financial Advice be sought, we suggest you seek such advice from an appropriately qualified advisor. Any growth rates, yields, rental income, tax rates, interest rates, depreciation rates, inflation rates Dividends per Share (DPS) and Earning Per Share (EPS) etc shown are estimates only and should not be used as a guide to future performance. Past performance is not necessarily a guide to future performance and should not be relied upon for this purpose. Authorised Representative of PGW Financial Services Pty Ltd – AFSL 384713 ABN 15 123 835 441.