Driving around certain parts of Abu Dhabi is like driving around a gigantic construction site. It's a striking contrast from just a few years ago. From about 2003 to 2008, Abu Dhabi sat calmly on the sidelines as its economically ambitious neighbor, Dubai, underwent staggering changes.
In the last few years, those roles have practically reversed: In Dubai, much construction work has stopped while work in Abu Dhabi has gone into full swing. But Abu Dhabi has an advantage Dubai did not: a front row seat on a neighbor's experience and the invaluable hard-learned lessons that came with it.
Abu Dhabi leaders witnessed Dubai's somewhat laissez faire approach to construction, followed by its introduction of freehold real estate. And those leaders took notes."
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