It’s been quite a while since I wrote about the recent happenings here in desert land.
I’ve been mentioning traffic, oh the traffic that still continues to plague us all every single day, except Friday morning of course when everyone is sleeping.
A few weeks ago, there was an announcement of another one of Dubai’s major projects, the $95 billion Jumeirah Gardens. It will replace the old Satwa area.
This is what they plan on doing:
Glitzy, isnt it?
It says that Jumerah Gardens is a mixed use development and some buildings will be home to 50,000 to 60,000 residents, with the hidden line: that is, if the residents could even afford the rents!
An area with much lower cost in accomodation, Satwa was home to many people who only earns very little per month. Where will they go? In this new developed building?
I live in the quieter, less ‘in’ town in Dubai and the rent of a 2-bedroom flat has gone up to 125,000 dirhams/year (approx. US$34,000/year). I don’t even want to know how the landlords will charge an apartment in that sparkling town.
On another note, with the recent demolition of areas to pave way for new developments, it wouldn’t be a surprise that in a few years from now, most of Dubai’s traditional corners and old towns will be totally wiped out. Maybe one day, I’ll only have to show the photos of old Dubai to my daughter inside the museum.
More photos and the complete story here.