Mega Projects in Dubai Property Market
Soon after the discovery of oil reservoirs in year 1966, State Government of Dubai started investing petro dollars to develop city infrastructure and real estate developments in residential, commercial and retail sectors to support business, trade and other service sectors in the city. Real estate sector have played major role to transform city image of oil producing city. Dubai developers and investors started constructing mega Dubai property developments throughout the city. Palm Islands, World Islands, Burj Khalifa, Dubai Marina, Mall of Emirates, Burj Al Arab and Dubai Media City are the few internationally renowned developments.