Dubai Encroaching Upon Its Own Desert
Below is a MRR and PLR article in category Finance -> subcategory Real Estate.
Dubai’s Expansion: Encroaching Upon Its Own Desert
Summary
Dubai's rapid expansion poses a compelling question: Will this city soon cover every inch of its desert landscape? As the real estate boom continues, is there any untouched land left?Article Body
Dubai's relentless growth sparks an intriguing question: Will the city's expansion eventually consume its entire desert landscape? Watching the transformation of the Dubai Palm Islands, where new land emerges from the sea, is astonishing. While converting the entire Arabian Sea into land might not be feasible, Dubai's desert offers no such obstacles. With minimal vegetation to worry about, investors and experts worldwide are keen to contribute to Dubai's development efforts. Consequently, it's conceivable that Dubai could one day stretch across its entire desert expanse.The vision of dominating the desert is evident today. From north to south and east to west, new townships are constantly appearing. Backed by billions and driven by cutting-edge technology, development firms are rapidly reshaping the city. With the Dubai administration eager to facilitate growth, infrastructure is rapidly expanding both on the outskirts and within the city itself. At this rate, it's possible that Dubai might soon cover its entire geographic area.
The construction of the Palm Islands further underscores this trajectory. This ambitious development will create 520 km of beachfront along Dubai's coastline, requiring massive relocation of rocks and sand. With modern technology, such feats are achievable. The transformation extends beyond the coast to the desert, paving the way for future settlements. What seems unlikely today may become reality tomorrow.
Having closely followed Dubai’s real estate sector, I've been consistently amazed. The city is home to a significant portion of the world's tower cranes?"between 15% and 25% of the global total. In 2007 alone, Dubai constructed 26.8 million square feet of office space, with another 42 million square feet anticipated in 2008. This growth surpasses even that of highly urbanized areas like Pudong in Shanghai, despite Dubai having only 1.3 million residents?"4 million counting expatriates.
Dubai's growth momentum is unparalleled. Few other economies today can match its pace of expansion. Signature projects like Dubai Palm, The World, Dubai Waterfront, and Dubai Marina demonstrate the city's swift infrastructure development. Only time will reveal the full impact of this growth on Dubai’s desert landscape.
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