“While recording massive annual increase in property values, Colliers’ eagerly anticipated House Price Index for Dubai claimed house price growth slowed from 42 percent in first quarter of 2008 to 16 percent in the second quarter of the year, fuelling fears the market is heading for a slowdown.”

So, let me get this straight – there’s a fear that housing prices are slowing down in Dubai – in terms of investors and real-estate speculators not being able to make silly, unregulated profit. This is for a market, that according to that article, has gone up %76 in the last year.