Robert Stec

The world’s tallest building, the $20 billion Burj Dubai, is taking shape in the desert of Dubai amid a rising collection of structures that form an engineer’s dream. Developers and technology leaders from around the world are flocking to the United Arab Emirates to see firsthand the innovation taking place in the rapidly growing city of 1.4 million.

Read More about the challenges of devleoping at these heights.

If you build with they come though? Well it seems that Dubai may have caught a cold from America's Sneeze in the world wide credit tightening.  Recently queezy middle eastern lenders are also tightening their requirements.  Where loans where available with only 10% down payments buyers and investors in the Dubai Market are looking at 50% down payments.  Read more about the struggles of Dubai Real Estate Agents.