It is place where most rich celebrities have invested in real estate.There are certain areas which are very posh and of course too damn expensive,and most of the Hollywood actors have got land there.

well i did not know that actors are also investing in dubai.But my dad told me that the property is quite expensive in dubai.

It is true that property prices in Dubai are sky high, that is the reason that ordinary people can't even think of going in for a piece of land over there.Only big shots can go ahead with the idea.

The economic forces in play pushes the price up. Factors include fast developmet pushing up demand though increasing supply too, booming economy as a result of successsful diversification and population growth due to expatriates.