Crane Capital of the World
No one denies the primary role of the real estate industry in the economic growth of the UAE. Although the property was the start of the 2009 crisis and was then spent years in the inescapable doldrums, the Dubai skyscrapers are now back and dotted with cranes to build other flashy residential high rises, offices, and hotels.
Dubai has now reclaimed the status of being ‘the crane capital of the world’ and master of high-rise buildings with more than a thousand active cranes all around the city. The city is prepared to welcome the Dubai 2020 festival, and the Dubai Creek Tower will be one of the main attractions.