Tag Archives | The World

dubai property bubble

Another property bubble building up in Dubai

Before 2008, Dubai was a real estate heaven. The property market was growing exponentially and it seemed at that time that there is no turning back. However, the property bubble bursted in 2009 and 2010 as real estate prices crashed by more than 50 percent, triggering a corporate debt crisis which unsettled financial markets around […]

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The World by Nakheel

The World is washing away?

The World is washing away. No, its not about philosophy or the Great Picture. As recent report states that The World, a constellation of 300 man-made islands shaped like a map of the world, is washing away due to erosion and lack of development. The CEO of Kleindienst Group, the developer behind the six-island Heart […]

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