Dubai’s Ambitions, Like Its Debts, Are on the Rise Once Again
Signs of recovery in the property market are prompting a new wave of building, and fresh warnings of another housing bubble.
Orlando Crowcroft
July 25, 2013
Skycrapers and developments around the Dubai Marina area are seen from the Princess Tower in Dubai, United Arab Emirates, on Wednesday, Sept. 12, 2012. The Princess tower, developed by Tameer Holding, is a 107-floor residential building with a height of 414 meters and is the tallest residential building in the world. Photographer: Duncan Chard/Bloomberg
Duncan Chard/Bloomberg
