For all of you who are not in touch with the current boom of construction in the Arabian Gulf, you may need to visit the City-Scape real estate exhibition to realize the magnitude of this boom. Well, maybe you have to do that next year as this year s show has already wrapped up. (4-6th Dec 2006).
There is no exact figure on how much is the value of the construction/ real estate market here in the UAE, but some suggest that it is between 300-400 $ billions.
I ve posted some photos for some of the projects that were exhibited.
This project was of a special importance to me because of its location; my country Syria.
Emaar, the Emirati real estate development company, have clinched a deal with some local development entity to develop this project, I am not familiar with the exact location of it, but it looked lush green from the its model!.
This is the notoriously famous (Burj Dubai), the upcoming tallest tower in the world.
It is a great pleasure for me to watch this tower grow, floor by floor, in my way to work every morning.
Another biggest/tallest-in-the-world thing, this time it is the Dubai Mall.
This is not a satellite image, it is a projection of how it is going to look like once the reclamation projects are finished, the work on Deira palm (the furthest one to the right) was adjourned till 2015, I think all the reclamation projects are struggling to prove feasibility, given the exorbitant initial cost needed to reclaim, dredge and keep the earth coherently together.
The Chinese products invasion of Dubai, inside the walls of this market, you can get the cheapest kind of construction material for less than half its average price, however, you may have to compromise on the quality.
When it is hard to take the earth inside the sea, it is sometimes possible to bring the sea inside the land, another 'smart' idea.
There is an uproar amongst ecologists here in the UAE about the possible environmental impact these projects are going to have (or already having) on the 'fauna the flora' and the marine life of this country.
I am theoretically against the concept of a 'residential tower', while it is necessary to build up office towers in a congested down town, I don't see why a two or three years old child should suffer the trauma of living on such heights, let alone the difficulties of evacuation in case of emergency.
However, some of these towers are really gorgeous.
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