Is Dubai a good place to invest in property now?

I am worried about the potential for over supply. I had sourced what seemed to be an excellent development in the Marina (Bay Central) but i'm getting itchy feet before i sign up for sure. Anyone got any stories or advice on this?

Answer:
I think it is but do your own research.Like allthings the smart money has been in Dubai for years and will come out as the dumb money comes rushing in.If you missed the wedding don't hang around for the funeral.
i used to live there and yes it is
if you want the next place, look at bahrain, it is becoming very cosmopolitan

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