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Dubai developers unveil mega projects despite downturn
Add BT as a preferred sourcePublished Tue, Sep 12, 2017 · 09:50 PM
Dubai
PROPERTY developers in Dubai showcased new multi-billion-dollar mega-projects on Monday despite falling prices, in the hope of stimulating demand and helping to end a three-year market downturn.
Exhibitors at the three-day Cityscape Global showed off models of high-end skyscrapers and even "Floating Venice", a resort complete with underwater suites. The US$680 million Venice development four kilometres off Dubai will have a capacity of 3,000 visitors.
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