Dubi is the place to be

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Give them about 40 years.......then oil will run out.


Everything is so nice, but the weather isn't.
 
You are very right Brian. I was there last January, the place is amazing. And the amount of construction is out of control. The plans for the city is definately going to make it a travel and leisure powerhouse. Not to mention the tax free business districts etc.. They are making it very attractive for international business to make their HQ's there. And yes, their oil is going to run out.... thats precisely why they are doing this... And the weather was great when I was there. Oh and btw, when walking around the malls there(all high end...), the ladies(from every corner of the world) were mind boggling:).
 
Dubai... UAE in general is thriving.

Tiger Woods, Michael Schumacher, and others were solicited to purchase bungalows as part of the Palms islands.

FIFA moved it's headquarters as well to the UAE, I believe.

The irony is that oil billions are being invested into infrastructure, tourism, transportation, communications, finance, residence/accommodation, trade & commerce, real-estate, and development... not military buildup, palaces, dictatorship police-state, WMD's (chemical, biological), beauracrats/politicians graft, royal endowments & subsidies, etc.

However, if you're not caucasian (ie. Anglo/European descent), be prepared to be treated like a 2nd tier citizen! :eek:

You can't own property, but recently it was ammended that you can sign a 99 year lease... :frown:

In any entrepreneurial enterprise or business you operate or run, you have to continually give a certain % or cut to a Sheikh who acts as a sponsor or liason. :rolleyes:

{IMHO, Dubai/UAE got 'old'/boring after 2weeks...}
 
I was there last year, I stayed at the Burj Al Arab and it was as nice as the pictures.

The oil will run out, hence why they are investing so much in the leisure and tourism industy.

I will be staying at the underwater hotel when it opens.
 
simonprelude said:
I was there last year, I stayed at the Burj Al Arab and it was as nice as the pictures.

The oil will run out, hence why they are investing so much in the leisure and tourism industy.

I will be staying at the underwater hotel when it opens.

It would suck to be awakened from a tsunami! :eek:
 
Sorry, but it doesnt hold a candle to Macross city.

Seriously though, I guess I'm really stuck in my ways, because despite all the hype and photos, I am having a really hard time picturing UAE as a potential vacation destination.
 
Alittleboost said:
Give them about 40 years.......then oil will run out.


Everything is so nice, but the weather isn't.



haha after the oil runs out they will still have incalculable assets in everything else :biggrin: they wouldnt be poor
 
Neo Tokyo.....
 
Various vices are available.

However it depends on what you want.

Having drugs in your blood stream is still classed as possesion out there and is punishable severely, however most other vices are fine behind closed doors.

If alcohol, fine in a restaurant, if women, they can be arranged.

bodypainter said:
Pardon my ignorance, but what's it like there for people who like their various vices?
 
Uh...the UAE is a joke. It's in the middle of the desert. The only reason people go there now is because their trips are subsidized by oil money. These structures are ALL aberrant. The real tourist cost would be 10x higher if the stuff wasn't basically built for FREE by petrocash. Autocracy-run development projects have ZERO capital cost nor profit expectation.

When UAE hits Peak Oil, they will start to encounter difficulties servicing debt, including the maintenance and depreciation costs of retarded desert ski slopes. They will have a bunch of tall, EMPTY buildings.

Think about it...an 800 meter tower. WHO is going to live there? There is no industry in Dubai, no markets, nothing. There's hardly any people. They are building towers for no purpose whatsoever. It is like Riyadh. You hear of nothing remotely akin to this in any other nation, because those nations are all past-Peak. So, there is no reason to have an upswing. Oil production cannot be raised in nations other than SA, UAE, and perhaps Iraq, so there's no reason for any foreign interests to come there, base operations there, to prospect and develop. There's no MORE stuff to mine than there was last year, and it's already owned by the people who were there already. No influx.

Dubai is going to be a dream for people who like to buy high apts in the desert just for the hell of it. I expect them to be giving that big building away in 10 years. Hell, I might buy it just to write my name on the side in big letters.
 
liftshard said:
Uh...the UAE is a joke. It's in the middle of the desert. The only reason people go there now is because their trips are subsidized by oil money. These structures are ALL aberrant. The real tourist cost would be 10x higher if the stuff wasn't basically built for FREE by petrocash. Autocracy-run development projects have ZERO capital cost nor profit expectation.

When UAE hits Peak Oil, they will start to encounter difficulties servicing debt, including the maintenance and depreciation costs of retarded desert ski slopes. They will have a bunch of tall, EMPTY buildings.

Think about it...an 800 meter tower. WHO is going to live there? There is no industry in Dubai, no markets, nothing. There's hardly any people. They are building towers for no purpose whatsoever. It is like Riyadh. You hear of nothing remotely akin to this in any other nation, because those nations are all past-Peak. So, there is no reason to have an upswing. Oil production cannot be raised in nations other than SA, UAE, and perhaps Iraq, so there's no reason for any foreign interests to come there, base operations there, to prospect and develop. There's no MORE stuff to mine than there was last year, and it's already owned by the people who were there already. No influx.

Dubai is going to be a dream for people who like to buy high apts in the desert just for the hell of it. I expect them to be giving that big building away in 10 years. Hell, I might buy it just to write my name on the side in big letters.

My American history is not that good but wasn't Las Vegas had 'similiar' situations, in the middle of the desert expected not to do well when it first started. Back then I guess car transportation is equivalent to air transportation nowadays. Middle eastern countries getting popular with european/uk and asian tourist as it is a mid destination between Europe and Asia especially during their sale bonanzas. Just my $0.02
:smile:
 
bling-bling...

Meeyatch1 said:
So...anyone have pictures of the ladies? :biggrin:

From my observations, most were of the elite jet-set crowd, stewerdesses, holiday-makers (read: vacationing/shopping), in-towne for business/project, or "pro's" (yes, that type of pro')... :redface:

FYI, Dubai/UAE has the most Aston Martins in the world... lol! :cool:
 
Pacemaker Kid89 said:
Has Trump made anything there yet, is he planning to put "the worlds best..." there?

He's putting a building up on that Palm island. Well, technically, he's not constructing or funding the building. He just sold his name to some development company out there.
 
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