Dubai Marina – The Revival Of A Big Project

Whoever said that the world is still reeling under the effect global recession should reorganize their thoughts! Of all the countries that were affected due to the economic slowdown that hit the world about 24 months ago, Dubai was one.

The slump in the economy hit Dubai to a great extent. The country that was reaching depletion levels o the fossil fuels present in this region also had a lot of outstanding debts from many countries that had to be cleared. The most hit aspect was that of real estate. There were many projects like Dubai Marina and Burj Dubai that were under progress when the economy began to take a turn for worse. Those who were doubtful about the completion of these prestigious projects can now put a stop to their apprehensions.

The successful opening of Burj Dubai, heralded good news for all the other projects including Dubai Marina which is now all set to launch 10,200 units by the year 2012 which is quite a huge commitment considering the fact that the economy has begun to show signs of recovering.

Dubai Marina is yet another man made project in Dubai after the most famous Palm Island. It is set over an area that covers 25 acres and will have many residential and commercial units.