Written by:host
1/22/2009 3:42 PM 

Jan 14, Dubai In a further sign that the property bubble in Dubai has popped, Nakheel, the state-controlled developer, said it was halting work on a skyscraper that would have stood one kilometer tall, or roughly twice the height of the Empire State Building in New York. The suspended building is part of a growing list of projects that have gone cold in what was one of the hottest real estate markets in the world....more

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