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The government's decision to diversify from an oil-based economy, and to make Dubai the main hub of tourists in the world, has made and other developmental projects such as Dubailand, more valuable, resulting in the property boom from 2004 to 2007. There are over 1,500 major freehold developments and communities in Dubai.[1] Construction on a large scale is a part of Dubai Strategic Plan 2015[2] unveiled by Mohammed bin Rashid Al Maktoum, the Ruler of Dubai, to maintain economic growth and to put Dubai on the map of the world, and a tourist destination of the world.[3] Construction on a large scale has turned Dubai into one of the fastest-growing cities in the world. There are a number of large-scale projects which are currently under construction or will be constructed in the future. Due to the heavy construction which is taking place in Dubai, 30,000 construction cranes, which is 25% of cranes worldwide, were operating in Dubai in 2012.[4] Currently multibillion-dollar construction projects are taking shape in Dubai.
^"Real Estate Projects in Dubai". Lookup.ae. 2015-03-26. Retrieved 2015-03-26.
^"Dubai Strategic Plan 2015 pdf" (PDF).
^"H.H. Sheikh Mohammad unveils highlights of Dubai Strategic Plan (2015) - Dubai...Where the Future Begins | Dubai Strategic Plan 2015". AMEinfo.com. 2007-02-26. Retrieved 2011-12-13.
^"gulfnews : Dubai has 30,000 construction cranes". Archive.gulfnews.com. 2006-06-18. Archived from the original on 2009-02-02. Retrieved 2011-12-13.
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