Dubai's bullish economy might be creating ripples across the world, but there is a suspicion among some pundits that it might get over-stretched in the longer run, in its attempt of gaining invisibility. The policy of developing world-class infrastructure to entice investors, entrepreneurs and tourists might be proving successful as of today, but it has also resulted into soaring real estate rates and city congestion in the recent times.
This may result into some highly expensive office and living accommodations in a few years from now. Dubai hotels and Dubai apartments, a key area for the local tourism industry and economy, might get hit hard due to sharp price hikes in the future.
The desire of having the tallest and largest buildings and the fastest growing economy on its soil has led Dubai into a construction mania.
Up to 25% of all construction cranes in the world are currently stationed at Dubai. At least
fifty of them are employed at Burj Dubai alone to help it rise atop the Arabian sky as the world's tallest building
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