Why Dubai's Man-Made Islands Are Still Empty
video description
Islands also mark the territory of a nation. No one really knows the other signficances of these barriers as specified by their design and construction, except those who had planned them.
Now, this approach have been adopted by many other nations, for similar purposes. The difference is that, Dubai made them under the guise of attractive tourist attractions. Others made them just as floaters, some say as stopovers for their fishermen.
Date: 2024-01-04
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Comments and reviews: 18
-Dolbic.
I remember me was about to be one of those investors, when they tell me what is the business model it was laughable, there was only one building that has apartments for sale and one villa on water, one swiss like villa style and one mansion to promote this business, the mansion costs 150m aed, which is 40m-45m US $, their selling point is that they will use your property the one they sold it for you for renting/hospitality, and your ROI break even point will be in 10 years.
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I remember me was about to be one of those investors, when they tell me what is the business model it was laughable, there was only one building that has apartments for sale and one villa on water, one swiss like villa style and one mansion to promote this business, the mansion costs 150m aed, which is 40m-45m US $, their selling point is that they will use your property the one they sold it for you for renting/hospitality, and your ROI break even point will be in 10 years.
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-Burner-nf8ki
The bad financial forecast and the thought that people will come to make high end investment was just a dream. A dream which should not have happened. Maybe they can salvage it by creating new amusement parks. The money alternatively could have been used to invest in new affordable communities around the world where people were struggling. It shows how when you have money doesn't mean you can foresee the future.
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The bad financial forecast and the thought that people will come to make high end investment was just a dream. A dream which should not have happened. Maybe they can salvage it by creating new amusement parks. The money alternatively could have been used to invest in new affordable communities around the world where people were struggling. It shows how when you have money doesn't mean you can foresee the future.
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-mrthoms0n1
It was a dumb ass idea by dumb ass rich people. So is the whole of Dubai and so is -the Line-. Wont ever work. We should have never paid for all the oil. We should have just chased the few desert dwellers off and taken it. The whole world would be better off. At least whatever we paid these idiots for the oil would have stayed in our pockets.
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It was a dumb ass idea by dumb ass rich people. So is the whole of Dubai and so is -the Line-. Wont ever work. We should have never paid for all the oil. We should have just chased the few desert dwellers off and taken it. The whole world would be better off. At least whatever we paid these idiots for the oil would have stayed in our pockets.
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fun-facts
Throughout history there have been many countries with incredible wealth that have squandered that wealth on opulent buildings and projects. Eventually the wealth always dries up. and those countries that have spent on showpieces instead of infrastructure fade away into the dustbin of history.
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Throughout history there have been many countries with incredible wealth that have squandered that wealth on opulent buildings and projects. Eventually the wealth always dries up. and those countries that have spent on showpieces instead of infrastructure fade away into the dustbin of history.
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-shonharris6950
It's good for those fat headed rich dummies. Feeding people or fanning the rich. Fanning the rich is more like it. Sand erosion, ecological disasters, lack of irrigation and etc. their heads were too much in the clouds and pompous hearted Muslims ways caught up with them. Good for them!
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It's good for those fat headed rich dummies. Feeding people or fanning the rich. Fanning the rich is more like it. Sand erosion, ecological disasters, lack of irrigation and etc. their heads were too much in the clouds and pompous hearted Muslims ways caught up with them. Good for them!
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-feldspar24
The developers set the prices too high, making them unaffordable. Dubai's man-made islands are empty due to its prohibitive expenses, inaccessibility, widespread environmental degradation, and killing off the inshore fishing all are the reasons of.
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The developers set the prices too high, making them unaffordable. Dubai's man-made islands are empty due to its prohibitive expenses, inaccessibility, widespread environmental degradation, and killing off the inshore fishing all are the reasons of.
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-shonharris6950
The smart ones were the builders who took that money knowing it wasn't going to end up workable in the long run. The rich Arab sultans or whatever are nothing more than fools with money and excessive grandiloquent dreams.
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The smart ones were the builders who took that money knowing it wasn't going to end up workable in the long run. The rich Arab sultans or whatever are nothing more than fools with money and excessive grandiloquent dreams.
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-sweetcorn8166
volcanos make land. the gov't is failing at making artificial sun, and land. SUN AND LAND ARE inherently free, and it really seems to me, that they're tryna control the dispersion of them
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volcanos make land. the gov't is failing at making artificial sun, and land. SUN AND LAND ARE inherently free, and it really seems to me, that they're tryna control the dispersion of them
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-lawrencelopez9839
so their plan was to sell to people who want to buy really expensive houses in really expensive land where the buildings nearby are made for them to spend more money?
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so their plan was to sell to people who want to buy really expensive houses in really expensive land where the buildings nearby are made for them to spend more money?
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fun-facts
Arrogance is what went wrong -
Biggest farce is Dubai! Dubai is in debt! Kaput! Such pathetic karma they've accumulated! The Burj khalifa is barely 40% occupied!
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Arrogance is what went wrong -
Biggest farce is Dubai! Dubai is in debt! Kaput! Such pathetic karma they've accumulated! The Burj khalifa is barely 40% occupied!
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-indianlionbro7857
This would be the greatest destination on Earth. A true experience of a lifetime. Wow going across the world without going across the world.
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This would be the greatest destination on Earth. A true experience of a lifetime. Wow going across the world without going across the world.
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-DX88
They should ask the Dutch for advice. They literally build half a country where there was once only water. And nothing is sinking.
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They should ask the Dutch for advice. They literally build half a country where there was once only water. And nothing is sinking.
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-countryjoe3551
The Line in Saudi Arabia feels like a project with just about the same chance at actually succeeding as this debacle.
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The Line in Saudi Arabia feels like a project with just about the same chance at actually succeeding as this debacle.
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-wmgthilgen
The engineer's new it wasn't going to work. However, keeping one's head in a country like that. One just say's OK.
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The engineer's new it wasn't going to work. However, keeping one's head in a country like that. One just say's OK.
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-Richard-oc4lx
Again money to build on sand. Lets see what happens bit i think that the old addige building 9n sand isnt good
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Again money to build on sand. Lets see what happens bit i think that the old addige building 9n sand isnt good
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-beepuavich2894
I wouldn't be surprised if -The Line- that they currently building right now would end up the same thing.
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I wouldn't be surprised if -The Line- that they currently building right now would end up the same thing.
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-jmg999
This was another informative, educational piece of content from you, and I look forward to watching much more.
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This was another informative, educational piece of content from you, and I look forward to watching much more.
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-phongstar751
They underestimated the amount of rich people that existed that wanted to live in a totalitarian state.
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They underestimated the amount of rich people that existed that wanted to live in a totalitarian state.
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