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Dubai's projects over next decade total USD 310 billion
The value of projects either planned or under way in Dubai will total $310,000 million over the next decade, according to The Dubai Real Estate Report 2007 launched by the Middle East Economic Digest (MEED)."Of this, close to $230,000 million, equivalent to almost three-quarters of the total, is planned in the property sector", added the in-depth report which provides insight into supply and demand trends in the Emirate's booming property sector.Dubai's real estate and business services, said the report, have recorded average growth of 25 per cent a year, driven in large part by government-empowered developers,..............
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