The Real Story Behind Dubai's Palm Islands

The United Arab Emirates knows that oil will never last forever. That prime minister Sheikh Mohammed is also Emir of Dubai and over the past two decades he works to turn his city into a world class tourist destination that can survive without oil dollars. However, much of his assignment is geographical. There are so many beaches in the Persian Gulf. It is not easy to add hundreds of miles of coastline to a crowded city, but that is what Dubai is going to do - building the world's three great artificial islands

In 2001, there was nothing on the coast of Dubai, but there was warm shallow bay water. Then the local real estate group Nakheel dug 3 billion cubic feet of sand from the ocean floor and dug it down using GPS precision to shape it into the 17th palm tree. 70 million tons of rocks pile up around the island to form a 7-mile long crescent shaped breakwater designed to protect new-born islands from waves and storms.

Palm Jumeirah is the smallest and smallest of the three projection Palm Islands expanded beyond expectations for many years, but today its "backbone" is a vast shopping mall and luxury hotel. These 17 leaves are closely related to McMansions, not buyers' thoughts, perhaps due to rising project costs. A 6-lane submarine tunnel connects the island to the Crescent beach and the first monorail in the Middle East runs along the length of the island.

Environmentalists have criticized many large projects in Dubai, but they are probably just Palm Island. The large dredging required to build the island revolutionized the waves, temperatures, and erosion patterns of the Persian Gulf, and one square kilometer of coral was killed. Developers dropped two American fighters to the seabed to make new coral reefs, and declared that breakwaters of Palm Jumeira will continue to bring more marine life in this area, but the World Wildlife Fund said the UAE I claim to be "unsustainable." 5 times the "country" located elsewhere on the earth

Nakheel expects the first Palm to accommodate 120,000 residents, but now it is only about half of this number. The odd fractal shape of the island leads to stagnation of water, algae and mosquitoes. The two big palm islands are still incomplete due to the fall in real estate prices in Dubai. As Sheikh Mohammed himself wrote, "To obtain wisdom from a smart person, a foresightful person needs to write in the water, not every rider is confronted with even bigger challenges. "In fact, this Arabic poem is explained in detail on a few miles walk along the second Palm Island Palm Jebel Ali.

The majority of the debt relates to the fund's real estate department Nakheel, which includes the Palm Island in the Gulf. This crisis was a development company behind three palm islands, caused by Dubai World, the global replica of the world with default. The $ 80 billion debt default in the Emirates triggered speculation of a global 'double decline'. The company is trying to stop all or part of the debt of $ 59 billion from Dubai. Everyone is in panic mode. Otherwise, British banks are on the verge of collapse after the huge investment in Dubai struck by the crisis. Concern about the dangerous new phase of the economic crisis swept the world as traders responded to a shocked statement that large Dubai state enterprises with debt could not fulfill the interest bill.

The island that is affected by humankind is in the state of a palm tree - it is motivation for locals to say "just to Dubai". Palm Jumeirah is one of the largest simulated islands on the planet and a victory for human creativity. Local people and tourists such as Waldorf Astoria, Fairmont, One & Only, Jumeirah Zabeel Saray, and the most famous Palm Island of Atlantis are like Palm's biggest hits best accommodation. More importantly, the monorail train runs along a "storage box" connected to the terrain cable car frame and the arrival requirements are not low.