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Old January 5th, 2009, 05:02 AM   #981
m3nyun
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i think it's crazy...that's all
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Old January 5th, 2009, 02:34 PM   #982
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I agree comparing Dubai and USA is simply ridiculous!

I think a better, realistic comparison with Dubai is Singapore. Both have small population base trying to be very successful entrepot and financial hub for their respective region. Both are quite successful in attracting international investors and international talents to help stimulate the local economy, particularly in real estate, tourism and finance, partly because of government initiatives and their connectivity to huge economies in Europe and Asia.

It's no wonder that Dubai will join the list of global financial centres in a few years time!
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Old January 5th, 2009, 05:51 PM   #983
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Dubai's efforts to create a great financial center has been only moderately successful. The stock and commodity markets are straining to list new companies and commodity contracts. The biggest hurdles to the Dubai's financial success is that the Middle East has a modest number of publically listed companies based there, the Middles East is not densely populated, Islamic based laws in the Middle East make modern finance complicated, unliberalized labor markets limit real economic growth and its commodity dependant economies are a source of volatility, which most investors avoid.

Tokyo, Singapore, London, New York, Hong Kong and Chicago all have better fundamentals as financial centers. Though Dubai may join the ranks of these financial centers, it will never exceed them without demographic, structural and cultural changes.
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Old January 5th, 2009, 06:36 PM   #984
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well put spacescraper, my thoughts precisely!
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Old January 5th, 2009, 06:42 PM   #985
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So the construction has started...
Does anyone have pics of the site?

Dubai is becoming the "simcity" for all rich people, if you look at all those buildings!

It's a pity, that Dubai isn't located in the US... That would be so awesome!!!

Last edited by devilsadvocate; January 5th, 2009 at 06:47 PM.
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Old January 5th, 2009, 06:48 PM   #986
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Population of Dubai:
1822 1,200
1900 10,000
1930 20,000
1940 38 000
1954 20 000
1960 40 000
1968 58 971
1975 183 00
1985 370 800
1995 674 000
2005 1 204 000
2020 ?????????

It's still growing so fast.
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Old January 5th, 2009, 07:01 PM   #987
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I thought Dubai was tiny town almost 20 years ago? I seen the pictures of Dubai before booms on the magazines and some websites a while ago that Dubai was nothing but fishing town. No skyscrapers, malls, etc. Just simple town with big desert surrounding to it.
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Old January 5th, 2009, 07:09 PM   #988
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Quote:
Originally Posted by phillybud View Post
Dubai growth has been outstanding and remarkable in the past decade or so. The point that is was just a town at the edge of the desert until just a generation ago is well taken. From very modest beginnings we are seeing a world class city rising.
Indeed... today Dubai is one of most greatest cities in the world.
And one with the highest towers in the world too...
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Old January 5th, 2009, 07:12 PM   #989
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My god!! Is this competition?? Madness!!
Dubai growth futuristic building~

I don't understand what purpose they spending such big amount of money for.........
Once the enconomy crisis impact hit Dubai..all of the project will be suspended..........
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Old January 5th, 2009, 08:13 PM   #990
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Quote:
Originally Posted by JyeJye View Post
My god!! Is this competition?? Madness!!
Dubai growth futuristic building~

I don't understand what purpose they spending such big amount of money for.........
Once the enconomy crisis impact hit Dubai..all of the project will be suspended..........
It's already hit Dubai (Including the whole world), but it's only slowed the progress. Yes some projects have been put on hold, but not all of them.
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Old January 5th, 2009, 11:30 PM   #991
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Quote:
Originally Posted by daniel_zg View Post
Population of Dubai:
1822 1,200
1900 10,000
1930 20,000
1940 38 000
1954 20 000
1960 40 000
1968 58 971
1975 183 00
1985 370 800
1995 674 000
2005 1 204 000
2020 ?????????

It's still growing so fast.
ok if you read the news paper 2 weeks ago regarding the year end population in UAE, here is the big news: 7.3 million !!!!!!!!!
so I almost can swear that Dubai only have now more than 3.5 million if not reached 4 as we speak!!
and dont think its unrealistic, cause labour minestry said it issued more than 850 000 new work permits for the state of dubai only in 2008!!!!
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Old January 5th, 2009, 11:39 PM   #992
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I think comparing Dubai with New York, Paris or London is rather useless.
Singapore and Hong Kong seem much more appropriate.

Dubai is never going to play an important geopolitical role, solemnly because of its insignificant size.

To me Dubai is showing all the signs of a boom-bust cycle (like we are seeing now in Spain). I hope I am wrong. I think the energy and easy with how new projects are handled is refreshing. I do think many times the size is more impressive then the actual architecture used, which is a shame really.
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Old January 6th, 2009, 12:39 AM   #993
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Quote:
Originally Posted by Joy Machine View Post
Yeah, that was actually a problem with that lame freedom tower. Building costs were rising an average of 1% a month and when you're talking all the 0's after this, that 1% is a lot. I'm not sure what they are at now, but I know if copper especially has gone down, then that will be a cost relief for projects, same with the other metals involved.
Reebar for concrete has gone down a staggering 70% compared to july 2008. Problem is, a lot of large projects hedge their materials just like airlines hedge their fuel. This way, not everybody can profit.
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Old January 6th, 2009, 12:45 AM   #994
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Quote:
Originally Posted by Jarott View Post
still the huge difference astonishes. but maybe it is the case with more habitable floors. and besides that burj dubai is getting narow..er? with increasing height, and this does not... someone steal some technical plans please? :F
I think you are right. The Nakheel´s footprint is much bigger and goes all the way up. A tower of 450m is only 3 times as high as 150m tower, but has a floorplan 9 times as large and a volume 27 times as large compared to a similar proportioned building. Volumes play tricks with the imagination.
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Old January 6th, 2009, 01:00 AM   #995
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http://uaeinteract.com/docs/Expat_gr...ap__/32128.htm

The ratio of foreign to local population in the UAE has remained high in the past years and is expected to widen in the future because of a rapid growth in expatriates, official figures showed yesterday.
The country's total population was estimated at around 4.48 million at the end of 2007 and is projected to grow 6.12 per cent to nearly 4.76 million at the end of 2008 and by 6.31 per cent to 5.06 million at the end of 2009, showed the figures by the Ministry of Economy.
Dubai is projected to outnumber Abu Dhabi for the first time at the end of this year and in 2009, while Sharjah will remain the third largest populated emirate.
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Old January 6th, 2009, 05:35 PM   #996
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I've heard on a radio news channel today that a 1km proposal was put on-hold in Dubai. So was "The World" phase 2. Is there truth in their statements? And if so, knowing that are frequent inaccuracies in Media statistics, could it have been the Nakheel Tower or Burj Dubai?
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Old January 6th, 2009, 08:21 PM   #997
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Burj Dubai is not a proposal any more... is almost t/o
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Old January 6th, 2009, 08:46 PM   #998
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guys, can someone tell me, please, what's happening with Nakheel Tower project at the moment? is it u/c already because I heard it's on hold?
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Old January 6th, 2009, 08:48 PM   #999
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I didnt hear anything like that!!
but I hope they still working on it..it's simply stunning.
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Old January 6th, 2009, 10:15 PM   #1000
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Pictures please!
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