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Why Dubai's Man-Made Islands Are Still Empty

Envision an expansive Earth map situated adjacent to the glistening city of Dubai, but in the vastness of the water rather than on paper. This vision was given a name in 2003: "The World," a multibillion-dollar project that promised opulent homes and resorts only a short boat ride from the city. After more than ten years, this dream appears to be more of a mirage. Grand buildings and busy activity are absent, replaced by an unsettling calm. Keep watching this entire video and subscribe to this channel. Please subscribe 🙏   / @docuflixofficial   Time Stamps 00:00 Intro 00:41 Background and Context 01:53 Dubai's Confidence and Motivation 02:55 The Rise: Early Successes and Advancements 03:51 The Fall: Impact of the International Financial Crisis 05:27 The Fate of "The World" 07:02 Environmental and Societal Concerns 08:26 The Silver Lining: Some Developments 09:38 Global Perspective 10:22 Outro Dubai's coastline and skyline started to change at an astounding rate in the early 2000s. The city's real estate market was expanding, with a special demand for residences that faced the coast. An ambitious plan to transform the city's shoreline was envisioned by government-owned Nakheel Properties to satisfy the growing demand for luxury seaside real estate. Rather than merely extending what nature had provided, they chose to forge their own path on the water. Three separate island projects were launched, namely Palm Jumeirah, Palm Jebel Ali, and Palm Deira, and they were all fashioned to mimic the graceful leaves of palm trees. It was clear from the first island conceptions that Dubai was creating more than simply real estate—it was creating a legacy. Dubai's showpiece projects, these islands represented its boldness and vision. But why this grandiose scope, and why such confidence? The authorities in Dubai realized a crucial fact as the 2000s went on. Although the city's abundant oil deposits supported its opulent buildings and amenities, this black gold had its limits. The Emirate's fragility and strength lay in its reliance on oil. Not only was diversification a smart strategic move, but it was also necessary for long-term survival. Making Dubai a major tourism destination on a worldwide scale therefore became imperative. The Palm Jumeirah started to emerge from the ocean as the plans came to life, ushering in a completely new age of building and urban development. By 2001, the emirate's goal was being communicated to the world as this vision came to pass—sands had changed and coastlines had been altered. The early 21st century was unquestionably Dubai's golden age of development. Cranes appeared on the horizon, the skyline changed, and the city started to gain international recognition. 2008 distinguished out as a year of joy amidst this prosperity. The world was welcomed into the architecturally stunning Atlantis Hotel on the Palm Jumeirah. "The World" was supposed to be the jewel in the crown of Dubai. This ambitious endeavor experienced remarkable success before the financial maelstrom. Investors flocked from all over the world to seize a piece of these cleverly placed islands that resembled a map of the planet. It was the pinnacle of luxury and individuality, with each island standing in for a nation or city. All appeared to be in place for "The World" to redefine opulent life. But just as Dubai's extravagant developments have drawn criticism, so too have many famous sites around the world. For example, consider the Sydney Opera House. It is become a globally recognized landmark structure. However, there were major delays, disagreements over the design, and expense overruns when it was being built. Similar to this, many Parisians once thought the Eiffel Tower was ugly. Today, it is synonymous with the city. ► For copyright matters, make sure to send us an email at [email protected] Copyright Disclaimers • We use images and content to the YouTube Fair Use copyright guidelines • Section 107 of the U.S. Copyright Act states: “Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright.” • This video could contain certain copyrighted video clips, pictures, or photographs that were not specifically authorized to be used by the copyright holder(s), but which we believe in good faith are protected by federal law and the fair use doctrine for one or more of the reasons noted above. Disclaimer: Our channel is based on facts, rumors & fiction. Subscribe Now 🙏    / @docuflixofficial   #docuflix #manmadeisland #manmade #dubai #island #history #historyfacts #usahistory #documentary #youtube #subscribe #share