Dubai Real Estate Relief

DUBAI, U.A.E, March 30, 2010 - In late November 2009, world financial markets received news that Dubai
World Inc. asked for a 6-month reprieve on debt payments to investors. News
of trouble at Dubai World eroded some liquidity in the market. The media
response was sensational, projecting another major collapse in Dubai real
estate market sales. This type of response typically endangers prospects for
investment in Dubai's recovering real estate industry.

Last week's announcement that Dubai World was injecting a 9.5 billion
dollars to pay down its debts shows that Dubai remains the most ambitious
capitalist region of the Middle East. This has lifted the mood in both local
and international markets, providing some much needed good will for this city
state, which has taken many steps to modernize, add infrastructure, attract
foreign investment, create tax-free zones, and accommodate the needs of its
expatriates and nationals.

With a larger portion of the new funds dedicated to Nakheel, a major
force behind Dubai's real estate development, this should be an inducer of
some activity in the market. Beeyoot.Com predicts Dubai would continue a slow
real estate recovery despite the continued decrease in commercial rents and
oversupplies of properties in some areas.

There are plenty of good options still out there. Dubai has many
impressive construction projects underway and many residential and commercial
developments already completed, including the Dubai International Financial
Center, Burj Khalifa - the world's tallest skyscraper, and the world's
largest shopping mall. Dubai is also now home to Meydan Racecourse, the
recent venue of the Dubai World Cup annual horse race. In September 2009,
Dubai also opened the Red Line, the first installment of its Metro system,
with the second installment scheduled to open by the middle of next year.

"www.Beeyoot.com" Beeyoot.com's CEO Hashim Ahmed says
"If you are looking for a warm climate and a huge potential for commercial
growth in the next decade, then don't be discouraged by the present troubles
in this market". Many analysts have also predicted that there will be another
dip in market values before a total recovery in 2011, but real estate
investors should recognize that a weak market is a good time to buy.

About Dubai

Dubai is a city-state in the United Arab Emirates with a total population
nearing 5,000,000 people. This city is the home to a large population of
expatriates, including many private citizens from South Asia, Europe, the
U.S., and Africa.

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