The US$38 billion harbour front project by the Nakheel Group covers about 270 hectares. Offices to be built could accommodate 45,000 people and housing areas for 55,000.
The Nakheel Tower is the main part of the whole project. It's an engineering feat just to construct this tower as it will be at least a kilometre tall. Besides that, four individual towers will be built within a single structure.After all the fanfare, the financial crunch has to his Dubai (and the world too). Somehow, it did affect the planning for the world's tallest building - the Nakheel Tower. News came about that the skyscraper will not be built according to the planned schedule.
How bad is it affecting Dubai? Even the condominiums situated in Burj Dubai (the current world's tallest structure) are being sold at 50% discount. So, if you have the funds ...... go get one for yourself. Invite me for a stay when I'm in Dubai.
Reading: Cash Crunch Halts Work on Dubai Skyscraper - New York Times
(Pictures sourced from Nakheel website)
Tags: Dubai, Nakheel Group, Nakheel Harbour & Tower, Burj Dubai
7 comments:
I don't like Dubai.
I was there twice and both times (apart from heavenly shopping and Bedouin village stay), I must say there isn't much to like about that city.
It's pure concrete jungle, overcrowded with gigantic phallic infrastructure. A mirage on the desert made solid by mankind.
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I wonder if the unique rotating tower being built in Dubai will continue to be built?
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OMG? This also stop? Recession really hit us very hard this time....
gorgeous eve - they still have those attractions that other cities don't have
hapi - u are good in those codings
foong - they will get theirs onto anything if funds are available
elite - yeah, big time
They thinking of reaching to the moon huh.. haha
harmony - if money is not an issue
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