Dubai: Damac woes threaten to wobble real estate rep

Forget everywhere else, Dubai is the ultimate bubble.

yep, the ultimate biblical foundations built on sand story.

They are building up and diversifying their economy and infrastructure for the day when the oil wells start running dry. However, when that day comes no one is going to give a damn about them without oil and no one is going to travel there at the likely cost oil at that time. No one seems to have told them that!

Nice picture of Dubai from the skyscraper forums here and with its high tech indigenous industries in the FOREGROUND

2 Month Old Pic of the Burj Dubai

A single terrorist attack and this all ends. The first great white elephant of the 21st century.

The island of Ireland.