Tuesday, 1 May 2018

Here's how Dubai transformed from a fishing village to a global real estate hub

dubai street

  • Unlike neighboring emirates, Dubai had a modest supply of oil and diversifies their economy.
  • That led to a major spike in economic growth over the past two decades.
  • The city trails only New York and Shanghai for the number of buildings taller than 150 meters.

Dubai’s transformation from a fishing village to a global real estate hub has been nothing short of remarkable. From having the world’s tallest building to man-made islands in the shape of a world map, the U.A.E.’s most populous city has never shied away from ambitious construction projects.

Today’s motion graphic video, from Knight Frank, is a unique overview of Dubai’s half-century long growth spurt.

See the rest of the story at Business Insider

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