Dubai developer to kick-start ailing Falcon City project

Hong Kong

THE main developer of one of Dubai's most outlandish real estate projects, the Falcon City of Wonders, says the long-delayed project will gain new life this year with around US$2 billion in new developments.

The falcon-shaped project has seen only about a tenth of the 5,500 planned homes built since its launch in 2005 and although billed to include outsized replicas of the Pyramids and the Taj Mahal, there are as yet no "wonders" on the 42 million square foot plot.