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Dubai Expo 2020: After euphoria comes the question ‘how to pay for it?’ | The National

More debt? Same old story, eh?

At the 7s the other day we were speculating that AD is deliberately encouraging Dubai in order to have another catastrophic bust and in the aftermath Dubai would have to crawl to the money sheikhs once again for loans. The tradeoff would be AD would gain yet more strategic influence and privileges over Dubai and thoroughly establish itself as the sole political power within the UAE, with the Maktoums ultimately reduced to mere puppet figureheads.

Sounds like a tall story. But given this country's not to distant history, not so ludicrous. :D
 

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Another option is to remove real estate regulations and let the rents run rampant again. That way they can get more money via housing fees.
Or, in a more extreme case, increase housing fees and/or add some additional taxes.
 
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