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When Will It Stop: DXB To Build Indoor Ski Resort  
User currently offlineNYCFlyer From United States of America, joined Jan 2005, 1387 posts, RR: 10
Posted (9 years 6 days 22 hours ago) and read 2833 times:

Just when I think Dubai has reached its limit....they think of something new. This time it's an indoor ski resort. Unbelievable.

Will this bubble ever burst? Or is this city-state the best thing since the internet.

http://english.aljazeera.net/NR/exer...E9-E3EA-4BFC-BDE1-7F867DFFD92C.htm

(and yes, the source is al-Jazeera, no big deal)

26 replies: All unread, showing first 25:
 
User currently offlineFlyAUA From Austria, joined May 2005, 4604 posts, RR: 56
Reply 1, posted (9 years 6 days 22 hours ago) and read 2807 times:

Quoting NYCFlyer (Thread starter):
Will this bubble ever burst? Or is this city-state the best thing since the internet.

It's the best thing since internet  Wink

Great idea... why ask "when will it stop"??? Big grin



Not drinking, also isn't a solution!
User currently offlineNYCFlyer From United States of America, joined Jan 2005, 1387 posts, RR: 10
Reply 2, posted (9 years 6 days 22 hours ago) and read 2803 times:

Quoting FlyAUA (Reply 1):
why ask "when will it stop"???

Because Dubai keeps building more and more huge and exotic projects (and Emirates buys more and more A380s) that you can't help but think there's an unsustainable bubble waiting to burst. I think there's a false sense of confidence that defies economic reality - like the internet economy of the late '90s, like the U.S. real estate market right now. The Asian crisis of 1997 essentially started because of overconfidence and rampant development. To this day, there are 8-year old unfinished luxury highrises in Bangkok.

Anyway, that said, I'd still love to try this indoor ski resort!


User currently offlineFlyAUA From Austria, joined May 2005, 4604 posts, RR: 56
Reply 3, posted (9 years 6 days 22 hours ago) and read 2798 times:

Quoting NYCFlyer (Reply 2):

I guess we'll just have to wait and see. I wouldn't count on the bubble-bursting scenario though. Perhaps you've been to Dubai recently. If you have you'll know that it's not "false". It's nice to see it developing so much and so fast. Lovely place  Smile



Not drinking, also isn't a solution!
User currently offlineCPH-R From Denmark, joined May 2001, 5977 posts, RR: 3
Reply 4, posted (9 years 6 days 21 hours ago) and read 2767 times:

The reason that Dubai is expanding so much in the tourism area, is the notion that the oil fortune won't last forever. Unlike Saudi Arabia, who have really shut tourists out (I think you need an invitation from someone in SA to be able to enter the country).

It's beginning to sound like a new place for the rich & wealthy to go on holiday. extreme luxury hotels, super resorts & now a ski "resort" to add to it.


User currently offlineDan2002 From United States of America, joined Dec 2002, 2055 posts, RR: 5
Reply 5, posted (9 years 6 days 21 hours ago) and read 2751 times:

Quoting NYCFlyer (Thread starter):

Will this bubble ever burst? Or is this city-state the best thing since the internet.

I invented Dubai.

Signed,
Al Gore



A guy asks 'What's Punk?'. I kick over a trash can and its punk. He knocks over a trash can and its trendy.
User currently offlineB744F From Germany, joined Jan 2006, 0 posts, RR: 0
Reply 6, posted (9 years 6 days 19 hours ago) and read 2724 times:

But if the oil fortune won't last forever, why "invest" in such wasteful projects that will cost so much money to maintain? Why not invest in the wellbeing of their citizens? I can go on and on about how the US needs to do the same with the bloated military budget.

[Edited 2005-07-19 03:21:25]

User currently offlineNewark777 From United States of America, joined Dec 2004, 9348 posts, RR: 30
Reply 7, posted (9 years 6 days 19 hours ago) and read 2717 times:

they think of something new

It's not new, isn't there at least one in Japan?

Harry



Why grab a Heine when you can grab a Busch?
User currently offlineJoseMEX From Mexico, joined Oct 1999, 1539 posts, RR: 24
Reply 8, posted (9 years 6 days 17 hours ago) and read 2704 times:

Quoting Newark777 (Reply 7):
It's not new, isn't there at least one in Japan?

There's one in Madrid:

http://www.parquedenievemadrid.es/


User currently offlinePROSA From United States of America, joined Oct 2001, 5630 posts, RR: 5
Reply 9, posted (9 years 6 days 17 hours ago) and read 2699 times:

Quoting NYCFlyer (Reply 2):
I think there's a false sense of confidence that defies economic reality - like the internet economy of the late '90s, like the U.S. real estate market right now.

I would say that the biggest risk for the UAE is things going completely to hell next door in Saudi Arabia, for example all-out civil war leading to establishment of a regime in Riyadh that will make Afghanistan under the Taliban look like Mardi Gras in New Orleans. It will be very hard for the UAE to insulate itself from such a dangerous neighbor.



"Let me think about it" = the coward's way of saying "no"
User currently offlineCaptOveur From , joined Dec 1969, posts, RR:
Reply 10, posted (9 years 6 days 17 hours ago) and read 2692 times:

This is good for Dubai.

I was reading an article the other day for a class paper talking about the mid east realizing they are running out of oil and the price climbing at an insane rate. What it came down to was the fact the UAE was one of the few nations in the area without their head up their ass on the matter. The UAE is trying like hell to convert their economy from oil to other things, like tourism. Having the only airport in the region to serve as a major worldwide hub is just the tip of the iceburg.... err sand dune.

The indoor ski resort is yet another tourist attraction.


User currently offlineConcordeBoy From , joined Dec 1969, posts, RR:
Reply 11, posted (9 years 6 days 16 hours ago) and read 2676 times:

Quoting NYCFlyer (Thread starter):
Unbelievable.

Will this bubble ever burst?

Actually, that's why they're building all this crap...

...they wanna position DXB to be the entertainment capital of the Eastern world, for when the oil profits eventually dry up.


User currently offlineAsstChiefMark From , joined Dec 1969, posts, RR:
Reply 12, posted (9 years 6 days 16 hours ago) and read 2668 times:

Aren't the cheapest hotels $1000 a night? And a taxi ride costs $75? I suppose strap-on bomb vests are dirt cheap though.  duck 

Mark


User currently offlineAndreas From Germany, joined Oct 2001, 6104 posts, RR: 31
Reply 13, posted (9 years 6 days 14 hours ago) and read 2647 times:

Quoting AsstChiefMark (Reply 12):
Aren't the cheapest hotels $1000 a night? And a taxi ride costs $75? I suppose strap-on bomb vests are dirt cheap though.

Not quite, cheapest hotels for Americans are around USD 5,000, the price of taxi rides is of no relevance to you, since Americans are not allowed to use taxis in Dubai and you'll get a bomb vest strapped around your big American beer belly FOR FREE upon arrival...They are manufacturing those in XXXL now! And if you start critisising Dubai, you'll get blown to shreds AUTOMATICALLY!

What a great country!  Smile



oh and btw:  Wink



And as an afterthought:

Quoting B744F (Reply 6):
why "invest" in such wasteful projects that will cost so much money to maintain? Why not invest in the wellbeing of their citizens?

Obviously you've never been there! Dubai is one of those places where the rulers actually share their wealth with the people. And having been there several times I can tell you there are no beggars in Dubai, and that's not because they drag them out of sight, but because there ARE NONE.

And as for those wasteful projects: We call this an investment  Wink. Meaning it costs to build it, but then there's also cash inflow from people actually using it.

I fully agree on your comment about the military budget, though.



I know it's only VfB but I like it!
User currently offlineNYCFlyer From United States of America, joined Jan 2005, 1387 posts, RR: 10
Reply 14, posted (9 years 6 days 13 hours ago) and read 2634 times:

Quoting Newark777 (Reply 7):
It's not new, isn't there at least one in Japan?



Quoting JoseMEX (Reply 8):

You guys are right. A closer reading of the DXB article says that the ski resort will be the world's third largest indoor resort, and the only in the Middle East.

So perhaps Madrid and Japan are 1 and 2.


User currently offlineQR332 From , joined Dec 1969, posts, RR:
Reply 15, posted (9 years 6 days 8 hours ago) and read 2605 times:

Quoting AsstChiefMark (Reply 12):
Aren't the cheapest hotels $1000 a night? And a taxi ride costs $75? I suppose strap-on bomb vests are dirt cheap though

I heard you can get an AK-74 in Dubai for about $20  Yeah sure

The most expensive hotel in Dubai, the all-suite Burj Al-Arab is for 1000AED (around $280), and the rate for taxis, like anywhere else, varies with trips believe it or not. But it is not that expensive, definatley not like some places (i.e. London).


User currently offlineMarco From United Arab Emirates, joined Jul 2000, 4169 posts, RR: 12
Reply 16, posted (9 years 6 days 7 hours ago) and read 2585 times:

I don't think the suite at the Burj is as cheap as 1,000 DH - I think it's a 1,000US.

I can tell you there are no beggars in Dubai, and that's not because they drag them out of sight, but because there ARE NONE.

Having lived in Dubai for 12 years, this is absolute nonsense. There are lots of beggars, even local emirati beggars. The only reason why you don't see it because begging is illegal.

However, as you mentioned the leaders are good people and do share their wealth.



Proud to be an Assyrian!
User currently offlineAndreas From Germany, joined Oct 2001, 6104 posts, RR: 31
Reply 17, posted (9 years 6 days 7 hours ago) and read 2579 times:

Quoting Marco (Reply 16):
Having lived in Dubai for 12 years, this is absolute nonsense. There are lots of beggars, even local emirati beggars. The only reason why you don't see it because begging is illegal.

Than how does one know someone is a beggar if he's not allowed to beg?
Ok, I take it you know quite a bit more about that place than I do, so I did fall for some propaganda...it's just that when you visit Dubai it seems rather plausible.

Which I will do next week btw....visiting Dubai that is  Smile. I'll take a good look at that new hotel, Madinat Jumeirah, Al Qasr house...looks very sweet!!



I know it's only VfB but I like it!
User currently offlineCaptainZed From Lebanon, joined Jul 2005, 65 posts, RR: 0
Reply 18, posted (9 years 6 days 6 hours ago) and read 2565 times:

I live in Dubai right now and i can tell you all that if any country in the world masters the art of imitation, concept imports and artificial plastic beauty, it's Dubai.

There are beggars, but the media lenses never go that way, cos it doesn't encourage investments.
There are people living in shacks, just behind those glossy high rising towers on Sheikh Zayed Rd, and nowhere else in the world are the social classes very well distinguished, as it is here.

Gez, what the hell am i doing here anyway..


User currently offlineME AVN FAN From Switzerland, joined May 2002, 13920 posts, RR: 25
Reply 19, posted (9 years 6 days 5 hours ago) and read 2554 times:

Quoting B744F (Reply 6):
invest in the wellbeing of their citizens?

-> because this I S investing in the wellbeing of their citizens. There of course also in Dubai are poor people just as everywhere but the average living standard of the "Dubaiers" is very high. Such investments will even bring more tourists and more business to Dubai, and by that also more income.

Quoting AsstChiefMark (Reply 12):
Aren't the cheapest hotels $1000 a night

-> the hotels are relatively expensive, the Djebel Ali for instance for a single-room demands almost US$ 200.--, if included in a travel-arrangement it is around $ 100.-- per night ----- but NOT 1000 .


User currently offlineMarco From United Arab Emirates, joined Jul 2000, 4169 posts, RR: 12
Reply 20, posted (9 years 5 days 18 hours ago) and read 2518 times:

Than how does one know someone is a beggar if he's not allowed to beg?

Go to the co-op supermarket opposite of Karama. Go to the back in the parking lot and take a look. On numerous occassions I saw beggars thereand when the cops would come and arrest them, it was horrible and sad sight. There is no social welfare system in the UAE. If you're one of the (very generous estimate) 500,000 Emirati's yes you'll have the royal family to fall back on. But if you're a part of the 3.5M expats and something happens - good luck. Especially in a society thats so money-hungry even your friends will forget you. And let's not even mention the plight of the approxmiately1.5-2M Indians/Pakistani's/Filipino's who work outdoors in 50C weather for twelve hours nonstop. In fact they give manual laborers salt pills to prevent them from dehydrating. How humiliating is that, to give them the same thing that is used to hydrate animals!

And how about maids/house cleaners/etc ... our two house keepers (both are sisters) were with an emirati family before us. They were paid half of what they were promised before coming to Dubai from the Phillipines - were given no days off for three years and during Ramadan they had to work all day, ie:cooking meals for 30/40 people at 3AM. We were horrified from the stories we heard, however these stories are too common sometimes and you learn to accept it and move on. I could go on and on forever. Dubai is a beautiful place, it's leading the way for other Arab countries but it still has alot of catching up to do. And you won't hear about it on gulf news or on the last emirates airline promotion  Wink.

Ok, I take it you know quite a bit more about that place than I do, so I did fall for some propaganda...it's just that when you visit Dubai it seems rather plausible.

Because European tourists stay at the line of hotels on Jumeira beach, and you have tour buses that take you to the beautiful and richy rich parts of Dubai. Perhaps they should take you to al-aweer where all the laborers live. You should see the conditions these people live in ...

Which I will do next week btw....visiting Dubai that is . I'll take a good look at that new hotel, Madinat Jumeirah, Al Qasr house...looks very sweet!!

I was there in January, February and May of this year - needed to see the parents lol - anyway if you need more info email me or pm me ... ciao



Proud to be an Assyrian!
User currently offlineB744F From Germany, joined Jan 2006, 0 posts, RR: 0
Reply 21, posted (9 years 5 days 18 hours ago) and read 2505 times:

Quoting Andreas (Reply 13):
Obviously you've never been there! Dubai is one of those places where the rulers actually share their wealth with the people. And having been there several times I can tell you there are no beggars in Dubai, and that's not because they drag them out of sight, but because there ARE NONE

Take off that blind fold and come join us here in reality

Quoting ME AVN FAN (Reply 19):
Such investments will even bring more tourists and more business to Dubai, and by that also more income.

But when the bubble bursts it will just be another project with no funding to keep it going.


User currently offlineAndreas From Germany, joined Oct 2001, 6104 posts, RR: 31
Reply 22, posted (9 years 5 days 16 hours ago) and read 2488 times:

Quoting B744F (Reply 6):
why "invest" in such wasteful projects that will cost so much money to maintain? Why not invest in the wellbeing of their citizens?



Quoting B744F (Reply 21):
Take off that blind fold and come join us here in reality

Same to you, bro', same to you!  Wink

Quoting Marco (Reply 20):
Especially in a society thats so money-hungry even your friends will forget you. And let's not even mention the plight of the approxmiately1.5-2M Indians/Pakistani's/Filipino's who work outdoors in 50C weather for twelve hours nonstop. In fact they give manual laborers salt pills to prevent them from dehydrating. How humiliating is that, to give them the same thing that is used to hydrate animals!

Yes I know, and I even heard (from expats) that during the summer they are fiddling with "official" temperature, since from a certain number upwards (45 or 50 Celsius, not quite sure), it is forbidden to send people outside to do road-work. Actually I do believe that. (btw: Salt pills are given to many people who have to work or are practising sports during hot weather...maybe in nice colourful wrap-ups, but still salt pills  Wink).

But you see we've had this discussion before, hundreds of threads. Those expats you mention ARE working, ARE able to send money home. I mean let's admit it: Our Western societies do work in a similar way...there's cheap workforce in the USA, Canada, Germany...pick your choice. Wherever you go, you'll find people fighting for those "underprivileged", but to give way to those differences means, in short, communism, and we all know how that one worked out.



I know it's only VfB but I like it!
User currently offlineSolarix From , joined Dec 1969, posts, RR:
Reply 23, posted (9 years 5 days 15 hours ago) and read 2474 times:

The whole Dubai things reminds me a lot of Las Vegas.
I bet this is just the beginning!


User currently offlineME AVN FAN From Switzerland, joined May 2002, 13920 posts, RR: 25
Reply 24, posted (9 years 5 days 12 hours ago) and read 2454 times:

Quoting Marco (Reply 20):
take you to al-aweer where all the laborers live. You should see the conditions these people live in ...

-> it is called "stone-age capitalism" or in friendlier terms "founder generation capitalism" --- things as you describe are easily visible along many roads, and not "hidden"

Quoting B744F (Reply 21):
But when the bubble bursts it will just be another project with no funding to keep it going

-> without taking high risks, the leading NewYorkers of the 19th and 20th century would never have suceeded in the way THEY did. without such "bubble projects" (WoolworthBldg, EmpireStateBldg, etc) New York would NEVER have become THE metropolis of the USA. And in the start-up JohnDavison Rockefeller days, social reforms were miles away .


25 Post contains images KLMA330 : I would never go to Dubai, no matter how fantabulous it is... It's so strict!.. need I remind you of the British woman who was put in jail for having
26 ME AVN FAN : - Dubai clearly is a nice and enjoyable place. That the place, which has grown from a relatively small town in 1990 (when I was there for the first t
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