DM Blog (Dubai Marina)


Dubai luxury for only $0.80 per hour, Thank the Laborers!

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Friday, March 24, 2006

Take not from the mouth of labor

  ...the bread it has earned.

Thomas Jefferson (U.S. president, 1801–1809) commented in his first inaugural address on the limited role that government should play in the lives of its citizens:

Still one thing more, fellow citizens — a wise and frugal government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government, and this is necessary to close the circle of our felicities.

A topic that deserves to be visited and re-visited from time to time is the plight of the laborer in the UAE--those workmen seen in countless numbers, by whose physical exertion Dubai's towers and civil works are constructed. It is the rare few among them who are ever able to enjoy the fruit of their labor.

In Pursuit of a Better Life


Workers at Burj Dubai building site. Courtesy Tom Green.

Theirs is a story of opportunity on the one hand and exploitation on the other. There are those who travel from villages and towns in less developed countries, where there is little work or means for self-support. Some will come to Dubai and earn much more than they could back home. They might gain valuable skills and move up the employment ladder. They may in time find brothers, cousins, nephews or even sons, following in their footsteps. In the end they could return to village or town, both envied and respected.

A more common experience, however, is one of moving from hardship to hardship. It can start with having to sell one's possessions or borrow vast sums of money to secure passage to the UAE. Once in country one might suffer further under the harsh desert climate, inhumane living conditions and long working hours. Once all is said and done the reward may be little or, in some cases, there may be no earnings at all.

Who to Blame?

The aggregate experience for the laborer in the UAE is a negative one, but it is one that he enters of his own volition, perhaps compelled by family pressures or by the false promise of easy money. If there is just one out of a thousand who returns to his village a wealthy man, then surely 10,000 more will expect the same could be their fate--in spite of any evidence to the contrary.

What choices does the would-be laborer have before he leaves his homeland? Are there opportunities for earning educational or work skills which given time and effort could open up more earning potential whether at home or abroad? Are not many forgoing such opportunities in search of a quick and easy fix? How is it that one can sell the farm to pay an agent for a ticket and presumed work permit, but not make the same sacrifice to get an education or skills?

Many a would-be laborer will come without any regard for what rules are bent in the process. Often his only concern is, "How much and to whom do I pay?" Is it any wonder that they are treated with the same lack of regard once they come.

This, however, does not excuse the type and degree of exploitation that the worker faces on a daily bases. Low wages, as severe a problem as it is, is just one of many hardships a laborer must endure. The problems amount to a laundry list of issues, starting with accomodations:

  • Rooms have 10 to 20 men sleeping in bunk beds.
  • The room serves as dining quarters, where newspaper spread out on the floor serves as a table.
  • The only recreation available is the one television per room, which the men chip in and buy.
  • Two or three hundred men will make use of a cooking area with perhaps a dozen or so burners.
  • The same number of men will share a dozen or so sinks, showers and toilet stalls.
  • Laundry is done by hand in the same sinks or showers and strung out in the rooms, hallways or sometimes outside of the complex.
  • There is no provision for privacy or personal space--no desks or tables, no chairs or lounging areas, no cupboards or wardrobes. Men use suitcases or buy or make small lockers kept under beds or attached to the wall of their bunkspace for storing personal items.
  • There are no public telephones, computers or other communications facilities available.
  • For cooking and other supplies there are small canteens or supermarkets in the general vicinity of the labor camps--one small store, for example, serving several thousand laborers.
  • In areas where thousands to tens of thousands of laborers live there are no community or recreational facilities. There are no street lights and open spaces are left dusty and desolate.
What is provided are

  • air-conditioners, in otherwise windowless rooms.
  • electricity and running water, most of the time.
  • bed space, most of the time.
  • someone to clean the bath and toilet area.
  • transportation to and from the worksite.
Beyond the issue of facilities is that of time. The workers normally have very little time, apart from working hours, in which to bathe, do laundry (by hand), cook, eat and maintain their rooms. The day generally starts early, around 5 a.m., with an hour to wash up, have tea and bread and then board a bus. There is an hour break around noon to have lunch and rest out of doors at the site. Work finishes about 5 p.m. with a return to the camp site one or two hours later. By 6 or 7 p.m. the worker will have arrived and take time to shower, clean his clothes and prepare and eat his dinner. This all can be finished by 9 p.m. with an hour for TV and lights out at 10.

This generally constitues a working day. Fridays are off for most workers. It is during this time that they can do some extra laundry, clean their rooms, visit friends and relatives at other campsites and enjoy adhoc recreational activities.


Workers at Burj Dubai building site. Courtesy Tom Green.

An interesting question is how they, in fact, cope under such harsh conditions. First of all, they generally stick to a routine and respect each other's personal space. Cooking and cleaning after meals is shared in rotation. In this regard they partner up with other workers and purchase meal supplies in common. They cook enough for dinner to have left-overs for breakfast and lunch the next day. They subsist on very little except for the evening meal at which they consume more bread or rice. They associate with others from their village, district, state or province and country. Most purchase mobile phones and use what spare income they have to call home. Some provide services for extra income--barber services, telephone card sales, tailoring, liquor sales (illegal but common), first aid treatment (of a traditional kind), etc. Regular prayer is common among Muslims. Those of other faiths may have prayer meetings or other gatherings occasionally or at regular intervals in any bedroom where all or most share a common faith. In these and other ways, the laborers cope and manage a kind of communal existence.

Comparison of Lifestyles

From an international perspective it is rather inconscionable that properties being sold for hundreds of thousands or millions of dollars are being built with labor that is paid hourly wages that can be counted in cents. When outsiders report on the incredible spectacle of development in the UAE they often make reference to the underclass of workers involved, whose own lives could hardly contrast more with the kind of lifestyles and communities they are laboring to build.

It is in fact inherent in the capitalist system that wealth and privaledge are not equally distributed. It is a system that readily transcends borders and encourages the migration of people to places where there is more opportunity. The UAE being one such place consists of an in-country population that is easily 25% or more low-paid, contracted immigrant labor. This statistic is important for the relatively large portion of the population it accounts for, but what is even more significant is how this large segment of the population lives, in comparison to those in the middle and higher strata of society.

A comparison of wages alone reveals the vast disparity. Perhaps as many as half of the lowest paid group (the laborers) earn as little as Dhs 500 (US $136) per month for 9-10 hour days with 2-4 days off per month. The salaries and wages paid for other positions (as shown below) follow a range as indicated below (all figures tax-free):

Comparison of Workers' Wages*
(monthly)
Position
AEDirhams
USDollars
labor-unskilled
500-900
136-245
labor-skilled
750-1200
204-327
service
1000-3000
272-817
office
2000-7000
545-1906
professional
5000-15000
1361-4084
managerial
10000-40000
2722-10892
   *estimates based on personal observation.

By this comparison, a professional can make from 10 to 30 times that of a laborer. A teacher, for example, at the lower end of the professional scale can easily earn 10 times that of a laborer. It is not unusual for a project manager on a construction site to earn Dhs 25,000 per month or 50 times that of a manual laborer at the same site.

It is not only a questoin of wages. Laborers often work in extreme weather conditions with temperatures climbing above 40˚C (104˚F), sudden gusts of blowing sand and high humidity.

Riot, Protest, Strike! ~at the Burj Dubai construction site.
Site of tallest building (u/c) in the world.


Burj Dubai (u/c) at 36 fls

Conditions came to a head on 21 March 2006 at the construction site where 2000 to 3000 workers assemble daily. Newspaper reports described the incident variously but there was some level of violence including smashing of cars, other vehicles and site offices and equipment, causing up to $1 million in damage.

Police were called in but there were reportedly no arrests. The unrest was followed with workers returning to the worksite the following day, but refusing to work. Reportedly, the police, company officials and workers then settled their differences and resumed work the following day. They were, however, joined in a sympathy strike by the 2000 or so workers at the Dubai airport Terminal 3 construction site contracted to the same company.

This event is quite extra-ordinary although it seems to be built upon a continuing trend which was highlighted in September 2005 when 1000 or so workers gathered on the country's busiest expressway and held up traffic. This itself was a milestone event and resulted in a an immediate and favorable redressing of the workers concerns.


Workers at Burj Dubai site. Photo source: Using Doka formwork systems.

The current labor protest, however, represents perhaps an even more significant milestone in that it became violent. Furthermore, it occured at what is arguably the most prominent building site in the country. It is also significant in light of the fact that the issues of contention were much less severe than those that workers usually protest over. It appears that the main issues of contention were mis-treatment by security workers at the site and regular delays in transporting the workers back to their camp sites.

Although low wages was one of the grievances mentioned, the workers at this site are known to be paid more than the average, and in a timely fashion, and have much better living facilities than usual. Where most laborers inhabit dilapidated porta-cabins and other poorly constructed quarters, the workers of Al Naboodah Laing O’Rourke (the contractor building the Burj Dubai) are housed in newly built, well-constructed barracks with 3-4 to a room as opposed to 10-20. Theirs is one of the most sought after jobs among laborers.

This unrest was, therefore, not about the usual issue of workers not receiving salaries for months or intolerable living conditions. Why then did the protest erupt in violence? On the face of it, it is rather ironic. It appears in fact, that the uprising was more spontaneous than planned. I would speculate that there was in essence a high degree of frustruation over the transport and security issues which was ignited on account of the large numbers involved. I would surmise that this was the critical factor. What was unique in this instance was the combination of both a high level of frustration and large numbers gathered at the massive construction site. It does not represent a typical scenario.


Burj Dubai site. Photo source: Using Doka formwork systems.

The event could however become a precedent. What is worth pointing out is how news is disemminated across the UAE, and how this might influence reaction to the incident. First of all, local TV news coverage is not available to the English speaking population of the UAE, who account for half or more of the total population. News for this group is disemminated via daily newspapers, the internet and international broadcasts such as CNN and BBC. The TV news media does serve the Arabic speaking community, as their primary source for news. This being the case much of the story will be lost on the labor community who are not especially proficient on English or Arabic. The rumor mill, however, is rife, and most laborers will receive a distorted picture of events.

If nothing else, the event does continue a trend. It is not a trend toward an escalation of violence, but one where laborers become more energized about assertiing their rigths and officials become more inclined to listen to them.

See also, The Pyramid Builders at Al Sufouh Road, an exposé on workers issues with photos and links.

Petition: Read and sign a well-worded petition drafted by an investor in Dubai property, asking others (investors and interested parties) to call on the government of Dubai to look after the welfare of laborers. Also visit the associated forums at Skyscrapercity.com,

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Tuesday, March 21, 2006

On the Property Scene Post New Law


Dubai Marina towers under construction, 17-Mar-2006.

One comment that needs to be made is that the new law has yet to be detailed--that is, the detail has yet to be published. The Gulf News article quoted in an earlier post reported,

Bylaws will be issued to determine locations of freeholds as well as registration and transfer fees, which are currently 2% of the property value.

Furthermore~

The Land Department will issue booklets and guidance for property registration soon.

This leaves those involved in the property market still a bit in the lurch. Nevertheless, the issuance of the new law as purported encourages some amount of additional activity.

From London to Riyadh: Dubai promotion draws popular response is the first of two recent articles which describe movement in the property market. It highlights the efforts of DTCM (Dubai Department of Tourism and Commerce Marketing ) to promote the city by "drawing global attention to its iconic projects." AME Info puts a positive spin on numbers that are not particularly noteworthy, highlighting an event "that was attended by more than 200 people." Higher numbers than these are required to suggest that the property market is making significant inroads overseas. That being said, these virtual ambassadors for Dubai are making concerted efforts to spread the word on Dubai's vast development projects.

Where will the $36 billion in IPO refunds go? takes a closer look at prospects for the property market post new law and more importantly following dramatic events on regional stock markets which has seen a virtual crash in profits. This suggests that monies will have to be invested elsewhere, with no more visible alternative than the regional property market.

In typical AME Info fashion the writer predicts a significant upturn in property values. It reports that by mid-April $36 billion dollars will have been taken out of the local stock market, available for reinvestment elsewhere. I'm afraid the economics behind such an assertion are lost on me, but the suggestion is clear--there will soon be a lot more money on hand to chase the property market.

The reasoning goes that this will substantially up property prices as there simply are not enough existing units of freehold property available (for sale) in the market to satisfy the impending demand.

...if they (former shareholders) all decide to buy, then the capital return on Dubai property is going to look very attractive too. For the boom in stocks will then pass to real estate... There are a lot of question marks in this article, which could yet prove the undoing of this argument. But the fundamental conditions for a price spike in Dubai property now exist with too much money in pursuit of too few available properties.

The writer of the article, while admitting the possibiltiy of being wrong, asserts that the market forces at play could hardly be clearer. The day of the property investor may once again become a reality in Dubai.

For a look at the property law as reported earlier in the local media see New Property Law Enacted!

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Thursday, March 16, 2006

Old Article Well Worth Republishing

The internet is a wonderful and amazing resource (often a frustrating one, too). What is amazing are the little gems, the unexpected tidbits of info or other mateiral that one just happens upon. The following was brought up in a forum at SkyscraperCity.com: Dubai to guarantee capital of investors, says al-Maktoum.

It refers to an article dated 25 Oct 2003 (pasted in its entirety below should the source link disappear). It states:

Dubai will not allow any (investor) to lose ... If anyone’s investment in Dubai regresses, and if the capital regresses, then the government of Dubai will give him, and it will buy what he has invested in, al-Maktoum said in Al-Bayan newspaper.

Is this an edict? If a developer runs off with the payments of investors--a fear (even if unstated) of off-plan property buyers--will the government of Dubai reimburse such investors? It is an interesting question, one I cannot presume to answer, but one for which this article offers a bit of hope.

Article in Full

Sh. Mohammed bin Rashid al-Maktoum, Ruler of Dubai

The government of Dubai will guarantee capital invested in projects in the emirate, the emirate’s crown prince Sheikh Mohammed bin Rashid al-Maktoum said in an interview published on Saturday.

Dubai will not allow any (investor) to lose ... If anyone’s investment in Dubai regresses, and if the capital regresses, then the government of Dubai will give him, and it will buy what he has invested in, al-Maktoum said in Al-Bayan newspaper.

The crown prince, who is the driving force behind multi-billion dollar projects that have placed the emirate on the world map, told the daily: I hate failure, and I can’t stand it.

The goal to develop Dubai into a tourism hub, he said, stemmed from a conversation he had with Arab ministers at an early age while visiting oil-rich Kuwait.

The crown prince interrupted the conversation of the dignitaries and asked Why don’t our countries in the Gulf, and in particular Dubai become promoters of tourism? ... If I remember, no one listened to me.

So I repeated the question, and I said that I was thinking of making Dubai a center of tourism and to place it on the international tourism map.

Since that day, al-Maktoum said in the government daily, the competition thermometer increased and Dubai now has become as I dreamed, five million tourists travel to it (annually), and in 2010 we expect 15 million tourists from all over the world.

Last week, Dubai announced plans to build “Dubailand”, a scheme to give the Arab world its own version of Disneyland. Sheikh Mohammed, who is also UAE defence minister, said the theme park would be completed after three years at a cost of 18 billion dirhams ($4.9 billion).

The return on every project (in Dubailand) will be 18 per cent, where will you find such a return on investment and in what country? he replied when asked how he would attract investors to the project.

Oil revenues account for only eight per cent of Dubai’s general budget, with tourism revenues and trade accounting for the remainder.

Seventy percent of the emirate’s imports are re-exported, said the crown prince.

Dubai has become an important financial centre, with its own weight and importance. Dubai has achieved a silk road in the sky ... Emirates airlines started with two planes and with a start-up capital of $12 million. Today the airline’s fleet consists of 60 aircraft and within two years or three the number will multiply to 120, he said. —AFP

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Wednesday, March 15, 2006

New Dubai Property Law Enacted!


Dubai International Marine Center at DM, site of Dubai Int'l Boat Show (14-18 Mar 06)

The news is in that the law has been passed. Initial observations: it seems to be in line with what was expected, however, some clarification is still required on a number of issues. With regard to the Dubai Marina, there is still the question of whether properties of 3rd party developers will recieve freehold titles (as discussed in an earlier post).

Gulf News reports, Expatriates get rights to own property in Dubai:

His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, yesterday issued Law No. 7 that legalises freehold ownership of land and property for UAE and GCC citizens, while allowing the same rights to non-GCC expatriates to pre-designated areas that will be approved by the Ruler of Dubai.

What next?

~Bylaws will be issued to determine locations of freeholds as well as registration and transfer fees, which are currently 2% of the property value).

~The Land Department will issue booklets and guidance for property registration soon.

~Hectic activities are expected at the Lands Department.

From AME Info~always interesting analysis if not always accurate in its predictions:

New property law, falling share prices: double bonus for realty

...the Dubai Government has issued its long-awaited property law which experts predict will mean a strong uptick in real estate prices that are well below those of comparable cities around the world. Plus former stock market investors now have cash to invest in property.

...It is true that the missing legislation has held back some categories of foreign buyer and many expatriates will now feel more comfortable about buying.

~and the caveat?

...they (investors) should always have in mind that an oversupply in two to three years' time is likely to interrupt this long-term uptrend, and plan accordingly.

7 Days offers a rather different take in Changing market forces...:

The leak of the draft to the Dubai government’s own newspaper (Emirates Today) may be seen as a bid by authorities to counter a mini-slump in the Dubai property market. Other analysts suggest that the downturn is nothing more than a correction - a maturing of the market.

...Experts agree however that the revealing of the details of the new law before it is approved is unlikely to change this maturing or softening of the market.

This contradictory report suggests that the newly "issued law" as reported above is a draft, leaked to the press. The articles key focus, however, is on the impact of the new law:

The revelation of the details of the propety law will not lead to a boom , however it will stranghten the market, says Helen Tatham of Dubai Luxury Homes. “Most of the people who buy here on a one to one basis do not really think about the law, speaking to lenders it seems that some corporate investors have been holding back to see the property law. These will now come forward but we won’t see a boom or a significant increase in people who are buying houses,” said Tatham.

Gowealthy.com takes a point-by-point look at the new law in The New Dubai Property Law.

Stay tuned for more coverage and analysis. Related posts include:


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Sunday, March 12, 2006

Don't bash America... promote Dubai.

Although not the usual subject matter of this blog, the DP World controversy which blew up in America in February 2006 has some bearing on the ongoing development phenomenon in Dubai, of which Dubai Marina is an important part.


Jebel Ali Port operated by Dubai Ports World. Photo by Brian McMorrow (22 Feb 2006).

It has undoubtedly cast a shadow on the reputation of Dubai among Americans, who have begun to link Dubai to issues like Middle Eastern terrorism, Islamic extremism and turmoil in Iraq. This can seem incredibly uninformed to those familiar with a Dubai that could hardly be more different from such characterizations.

Edmund O'Sullivan, editor of the Middle East Economic Digest (MEED), summarizes this view and quotes a New York Times columnist:

Objective observers agree the attacks are unfair and ignorant. "The security argument is bogus and, I would add, borderline racist."

Clearly, on the part of the American public, there is ignorance -- Dubai? Never heard of it. And there's indifference -- oil, big money, sheikhs! Not really the kinds of things that garner sympathy. On the other side of the aisle are the saavy, no crafty, politicians who know that words like "security threat" resonate loudly in the American psyche.

DP World became an easy political football to kick around and has incited politicians to fall over themselves to show how much they know and care about American security. Despite the "DP World" in the headlines, the basis of this controvesy has nothing really to do with Dubai and everything to do with American politics.

That being said, the whole matter does have an impact on Dubai and, again quoting Mr. O'Sullivan,

More US-bashing is tempting but wrong... the absence of rebuttals from credible people in Dubai and the UAE was a lost opportunity.

That is to say, Dubai has missed (and may be still missing) an opportunity to not only defend itself, but promote itself "to show American business the emerging opportunities" that Dubai offers.

The DP World controversy will subside, but America most likely will continue in its ways. Whatever the case, the United States is important if not essential to Dubai's vast and ambitious goals. Dubai wants to be a center of trade, commerce, tourism and technology. Despite its hollow ring, a cliché like a place where dreams become reality would aptly describe Dubai, or at least what it is trying to become.

The leadership in Dubai has already shown an admirable level of maturity in not responding in kind to the demagoguery being levelled at it in the United States. No Iran-style tantrums warning of dangers or adverse consequences. Of course not. The response from Dubai has been conciliatory and calculatingly pragmatic. The next step is to engage America--its politicians, its business leaders and its public. Not with slick advertizing campaigns or marketing but with multi-level, multifarious engagement.

Don't bash America... that is not to say the mis-representation of the ports deal and Dubai for crass political objectives was not deplorable. But in the end it isn't productive to do anything less than continue to do business with the most important economic, political and military power on the globe.

Of final note, there are signs that the negative reaction to the DP World deal is starting to give rise to just the sort of attention that Dubai will benefit most from. Who in America now has not heard of Dubai? At present a US congressional delegation is in Dubai to learn not only about the scuttled US portion of the ports deal but also about Dubai itself.

Dubai is one of the best kept secrets in the world... and I have been impressed with what I've seen here.

The words of US Republican Senator Saxby Chamber on CNN with Wolf Blitzer--also on recent assignment in Dubai. The prominent CNN correspondant reports that there are over 500 US military ship visits to the UAE per year. "Extraordinary Dubai" is how CNN titles its latest report, which opens with scenes from a helicopter (like that below) of Dubai Marina and the Jumeirah Palm.


Dubai Marina from Jumeirah Palm island. Photo by Volker (late 2005).

Don't Bash America... promote Dubai. That's exactly where events appear to be heading.

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Friday, March 10, 2006

Will Dubai Marina Someday Look Like This?


This has to be the dream of some.


The city skyline pictured is Hong Kong's.


I can see Dubai Marina looking something like this.







If not Dubai Marina, then some other part of Dubai.





(Photos by Brian McMorrow)







Dubai Marina today:

(Photo by Jumanji)
Free polls from Pollhost.com
 Will Dubai Marina's skyline someday look like Hong Kong's?
      Yes!   No.   Not a chance.     
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Thursday, March 09, 2006

Dubai Marina Photos

The current Dubai Marina Photos post incluldes a selection of recent photos by others which offer a variety of views of the Dubai Marina. Included are a spectacular set of aerial photos by Volker (samples below.)


Dubai Marina as seen from Palm Jumeirah island.


Dubai Marina with Burj Al Arab in the background.


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Tuesday, March 07, 2006

New Property Law... Will 3rd Party Developer Projects Get Freehold?

The new property law is gradually being heralded by an increase in articles addressing the subject. The concensus view is that unlike Abu Dhabi's property law issued last year, foreigners will be able to own property and land--however, for all but GCC nationals, this will be limited to designated areas.

Gowealthy.com presents a spate of new commentary:

It all suggests that fears that the government of Dubai might backtrack on its promise of freehold for both resident and non-resident foreign purchasers will not come true. This is welcome news for investors in Dubai Marina property. As Gowealthy.com elaborates (in second article above),

The Dubai property Law which is supposed to be a 40-article law will be different from the landmark Abu Dhabi property law by giving foreign flat owners collective ownership of the land.

The law is expected to be rather comprehensive, although there will be only "five areas where foreign ownership is allowed." The five areas are not specified in any of the news reports although presumably they would be specified in the new law.

Will Dubai Marina be among the five specified areas? The answer is, of course... ABSOLUTELY. Dubai Marina was one of, if not the first development project in Dubai to target expatriate and other foreign buyers.

If there is any remaining ambiguity, however, it is on the question of whether all projects within a given development, like the Dubai Marina, will qualify as freehold. This ambiguity exists as there have been repeated suggestions that it is only the developments of the three largest developers--Emaar, Nakheel and Dubai Holdings (all semi-governmental entities)--which will be granted the authority to sell freehold properties.

What happens in the case of a third party developer having developed a plot within a community which has one of the three major developers as its master-developer? An AME Info report, perhaps unintentionally, amplifies the lack of clarity on this point. In New draft property law as expected, no surprises (26 Feb 2006), the writer states,

A sub-clause allows foreigners to own properties with 'The Ruler's consent' which will cover properties of the major freehold developers: Emaar, Nakheel and Dubai Properties.

On reading this one inevitably has to turn to semantics to try to get a clearer understanding of what is being said. The new law, it says, "will cover properties of the major freehold developers: Emaar, Nakheel and Dubai Properties." So then, will the many towers being built in the Marina by 3rd party devolopers be considered properties of the master-developer? The language would suggest that these towers are in fact not properties of the major developers but rather properties in or within said developers' master-planned communities.

The apparent semantic ambiguity is in what is being reported about the new law. It is doubtful that the new law itself, once published, will suffer from the same ambiguities--certainly one would hope not. Presumably it has been the ironing out of just such details that has caused the formulation of the new law to take so long. As an investor in Marina property myself I would not hesitate to "hold my breath" in anticipation of full freehold ownership being bestowed upon all Dubai Marina properties, including those of 3rd party developers.

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