By Colin Simpson www.thenational.ae
You would be forgiven for thinking this sounds like a story from 2007. From the early 2000s until the eve of the property crash in late 2008, announcements of vast, costly – and in some cases outlandish – developments came thick and fast.
That was before the financial crisis brought most of them grinding to a halt.
But the construction sector has started to pick up again, and the Taj Arabia at Falcon City of Wonders is not the only project to be launched, or relaunched, in recent months.
Meydan has announced work is to start on a development comprising villas, apartments, offices and a shopping mall. More info