Change right along a thin road from The Dubai Mall and you’re suddenly up against heaps of rubbish and piles of sand. Shiny green glass properties remain next to half-completed constructions of gray skeletal concrete stalled by the slowdown.
This can be Business Bay, among the regions of Dubai hit hardest by the world-wide financial crisis. Its master plan, drafted in 2003, imagined the largest office region in the Middle East, with towers of offices and homes along the lines of Canary Wharf in London’s Docklands. Continue reading