Surviving the 2008 Financial Crash: A Real Estate Journey

Surviving the 2008 Financial Crash: A Real Estate Journey

In 2008, while the world faced the Lehman Brothers crash and the global financial crisis, many were left wondering what would happen next. For some, like those in Dubai's booming real estate market, the shift was immediate and harsh. 🌍💥

Ben shared his experiences during this period with us “At that time, our team had just wrapped up a significant success at Emirates Sunland, managing the Versace and White Bay project. With over 10 billion worth of sales in just three years, we felt confident enough to start our own real estate company, Global Property. Things were going well—multiple investors, major projects, and great commissions lined up. But in June 2008, during a holiday in Turkey, everything changed. As we waited for even higher premiums, the financial crisis hit. 🌪️💸”

It was a stark reminder of how quickly fortunes can change. The entire real estate world was turned upside down, leaving us to navigate the aftermath of a global disaster. The lesson: always be prepared for the unexpected.

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