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Realty Developments in Dubai

In recent years, Dubai has invested heavily in its infrastructure, creating a city of multiple-lane highways and skyscrapers, yet at the same time it has delivered a model city to its inhabitants, with extensive parks, gardens and leisure facilities, and the provision of municipal services that would be the envy of many first world cities. Indicative of the levels of investment is the fact that Dubai spent over US $200 million on its road network in 2000.

Investment in the structures of commerce, tourism and inbound travel, however, is truly phenomenal. Indeed, one's visual reference points around the city change almost weekly, as new projects are initiated and an eclectic range of buildings and hotels appear as if from a mirage.

Most major international hotel chains are represented and, as a result, the skyline and many beachfronts have been enhanced by the construction of iconic hotels and beach clubs. These include the Burj Al Arab - the world's first 'seven-star' hotel. Built on its own island just offshore, and standing at 1,000 feet, it also features in the record books as the world's tallest all-suites hotel.

One of the most impressive projects under way is that of The Palms - the world's two largest man-made islands, created in the shape of palm trees stretching out 5 kms from the Jumeirah coastline. When completed, the islands will be visible by the naked eye from the Moon. On the Jebel Ali Palm, the Middle East's first marine park will complement 2,200 villas, 1,500 apartments and 40 luxury hotels.

Due for completion in 2006 is the first phase of Dubai Festival City . This privately funded initiative comprises six concentric bands of buildings following the curve of the Creek and will house apartments, offices, restaurants and hotels creating a 'city within a city'.

Meanwhile Emaar, the region's largest property developer, will significantly enhance its portfolio, and Dubai's reputation, with the building of the world's tallest structure - Burj Dubai ( Dubai Tower) , yet another landmark.

In addition to the construction boom, steps are continually being taken to ensure that Dubai - and its image - remains spotless. Thus, residents and visitors alike benefit from a remarkably pristine and aesthetically pleasing environment, recently enhanced by the introduction of lead-free gasoline.

 
 

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