Dubai construction spree...

2

2cents

was there last week so, just thought the following snapshot could be of interest:

a few pictures of the just announced bawadi project: http://www.gulf-news.com/business/Hotel_and_Tourism/10037063.html click on 'in pictures'

as for whats currently being built and already out there for the most part, this sums it up quite nicely... http://realestate.theemiratesnetwork.com/developments/dubai/

give it a couple of minutes to fully load, its worth the wait... then explore at your own convenience ;-) notably: http://realestate.theemiratesnetwork.com/developments/dubai/index_palm.php

and for a future coastline view: http://realestate.theemiratesnetwork.com/developments/dubai/dubai_waterfront.php scroll down!


PS: and lets not forget the new $33bio mega-airport, Dubai World Central, earlier expected to come online in 2008 for passenger traffic but..., and located in Jebel Ali at the other end of New Dubai, half-way between Old Dubai and Abu Dhabi
http://www.itp.net/business/news/details.php?id=20578&category=construction

and to be linked to the old Dubai International Airport via the under construction Dubai Metro, coming online in 2010:
http://www.gridskipper.com/travel/dubai/dubai-metro-underway-171018.php
http://vgn.dm.gov.ae/DMEGOV/dm-metro-news01
http://www.railway-technology.com/projects/dubai-metro/

lemme know if i've forgotten anything :-) ah! glad i asked! here are a few recent aerial pictures http://www.pbase.com/bmcmorrow/dubaiaerials&page=all http://www.pbase.com/bmcmorrow/dubaiprojects
just to give you an idea...


PS2: where to stay? Park Hyatt, and nowhere else...
http://dubai.park.hyatt.com/hyatt/hotels/
http://www.gridskipper.com/travel/dubai/park-hyatt-dubai-170980.php
http://luxecityguides.com/article.php?article_id=13 and here's the only guide book you'll ever need...


welcome to New Dubai!

cheers all!
 
can you get good deals for a house there? or is it priced similarly to houses in nice neighborhoods in the U.S.?

also, when you buy a house there, do you own the piece of land too or do you just have a lease that expires after you die?
 
I'm currently living in Doha, Qatar.... another boomtown in the region. Any traders out there living in the Gulf region? US Markets open at 4:30PM... nice time to trade the open then head out for supper. Also looking for opportunities to trade the regional exchanges. Lot's of volatility recently.
 
fun but... i don't think thats representative of dubai / the emirates...

qatar's another interesting place... they'll host the asian games this year... loads happening in the gulf / gcc area...
 
When I think of Dubai: Congress Letter

Dubai, which owns and controls the acquiring company in this case, has been named as a key transfer point for illegal shipments of nuclear components to Iran, North Korea and Lybia..."

"According to the Congressional Research Service, many U.S. officials believed that al Qaeda activists have spent time in the UAE. In fact, two of the 9/11 hijackers were UAE nationals (Fayez Banihammad and Marwan al-Shehhi), and the Federal Bureau of Investigation claimed the money used for the attacks was transferred to the 9/11 hijackers primarily through the UAE's banking system. Furthermore, after the 9/11 attacks, your department complained of a lack of cooperation by the UAE and other Arab countries as the U.S. was trying to track down Osama bin Laden's bank accounts."

-----

A totally legit area of the world.
 
Quote from BeTheSparrow:

I'm currently living in Doha, Qatar.... another boomtown in the region. Any traders out there living in the Gulf region? US Markets open at 4:30PM... nice time to trade the open then head out for supper. Also looking for opportunities to trade the regional exchanges. Lot's of volatility recently.
More...


can you direct me to info on the financial markets there and how to access them from U.S. .

i have a strong interest to visit and check the place out first hand!


thanks!

surf
 
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