Three years ago and the Cityscape real estate exhibition in Dubai featured the 1km-high Nakheel tower and a redevelopment of Satwa both projects quickly abandoned in the property crash that started soon afterwards as the global financial crisis brought Dubai’s flow of easy credit to a halt.
Nothing so bold is likely to be on offer next week when Cityscape opens its doors. Indeed, with the global economy facing its most difficult autumn since 2008 there will be those who ask are we about to see more of the same in Dubai real estate?
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