If you came to Dubai a few years ago, you would have seen vast amounts of sand. However, something remarkable happened - fantasy became reality. In just 20 years, Dubai transformed from a desert into a stunning oasis made of stone, marble, concrete, glass, and excitement. The bolder and wackier the idea, the more likely it was to be accepted. For example, gigantic islands were created in the shape of palms that could be seen from space. Dubai even built the world's tallest skyscraper, reaching almost a kilometer above the ground. It has become a center of modern-day Gold Rush. - The big question now is whether the global credit crunch will affect Dubai and turn its dream into a nightmare. Despite this uncertainty, Dubai's reputation as a tax-free haven and land of opportunity has attracted 120,000 Brits who are chasing the Dubai dream. People believe that by investing in Dubai, their social status can be elevated overnight and vast riches can be acquired. The state is even funding projects worth millions of pounds. - However, living in Dubai is not without its challenges. The country operates under Sharia law, which sometimes clashes with the partying lifestyle of crop top-wearing locals. Furthermore, the world's financial meltdown has definitely made its presence felt in Dubai, although some people still believe that there is no credit crunch in the city. - Another major concern for Dubai is that its oil reserves will run out in just ten years. This puts a time limit on the city's success. Despite this, property investment in Dubai has proven lucrative, with the potential to triple one's money in just six years. However, it is not a venture for the faint-hearted. - One of the most extravagant property investments in Dubai is a group of 300 islands designed to replicate countries...
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