First-ever foreclosed home in Dubai sold by Barclays for $332,145

Know for its opulence, larger-than-life tourist attractions and luxurious lifestyles, Dubai and its wealthy residents were seemingly immune to the financial turbulence that rippled across the globe in recent years. Not the case. ArabianBusiness.com reports today that the first-ever foreclosed home in Dubai, a modest villa in “The Springs,” was sold by Barclays bank for [...]

Source: http://blog.foreclosure.com/2011/05/first-ever-foreclosed-home-in-dubai-sold-by-barclays-for-332145/

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