In the UAE nobody has heart about a credit crisis for properties. Thousands of high-rise buildings are being finished and put on the market for sale. There is a variety of prices going from 500 EUR/m² up to 2000 EUR/m² and up, depending on the location in this desert city.
It is understandable that upscale apartments are found in the neighborhood of the thirst-quenching waterfront and on the future palm islands (Jebel Ali or Jumeirah). With min. 400.000 EUR in hands you will be able to join the many buyers from all over the world and enjoy the traffic jams of today. However a new metroline will be opened in september 2009 and a water canal is under study to turn Dubai into the future middle east touristic centre. Happily the neighbouring cities and states (Abu Dhabi, Qatar) are taking over the lead with more impressive architectural projects. Will an exodus from Europe start towards this region?
In the meantime Dubai and UAE are a MUST for students in architecture & engineering. Nowhere in the world one can testify the incredible speed of construction on so many sites at the same time. Be it concrete in situ, precast, posttensioning, steel, composite, it is all there and one can see it getting shape.
Scia is convinced of the importance of UAE and is setting up its office …. (to be continued)
Published by Jean-Pierre Rammant - Visit Website