Dubaiís economy has been on the increasing in the past couple of years with international investors choosing to place their money in various investments around this beautiful and growing city. All though world economy plummeted a few years back, Dubai seems to be prospering.
The Dubai property marketís turnaround, fuelled in large measure by a considerable fund inflow from overseas investors has loosened the leash on new project releases.
The first-half of the year saw Nakheel and Emaar testing the investment waters, with quite favourable results. Privately-owned Al Barari announced a new phase at its sprawling development in Dubai, while Falcon City served up a wonder for a Taj Mahal replica. The Arabian Canal vision was placed back in the scheme of new projects.
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