Dubai Billionaires and Their Luxury Homes and Toys - Documentary

if you came to Dubai a few years ago you'd have got this sand and loads of it an amazing thing happened fantasy became reality in the space of just 20 years Dubai turned from desert into a jaw-dropping oasis of stone marble concrete glass and roar excitement but the bolder and wacky of the idea the more likely it was to be accepted giant Islands the shape of Palms that could be seen from space and soon to be the world's tallest skyscraper a modern-day Tower of Babel the slices of the clouds had almost a kilometre above the ground Dubai has become a centre of a modern-day Gold Rush but the big question for Dubai is whether this great global credit crunch is gonna bite here and whether that will turn the Dubai dream into a nightmare [Music] Dubai is one of the seven states that make up the United Arab Emirates under the rule of Sheikh Mohammed bin Rashid Al Maktoum this reputation is a tax-free haven and land of opportunity has attracted a hundred and twenty thousand Brits all chasing the Dubai dream you have both completely lost your marbles I mean you have paid fifty million dollars for a load of sack a dream where your position in society can be elevated overnight and vast riches are there for the taking for a state to this funding 17 million pound the partners in Dubai in a country where Sharia based law is dished out on crop top wearing party goers what's it really like to live here I'm mixing with the locals I talk tactics with the man that bought Man City there's the Burj Al Arab but what about the world's financial meltdown are they feeling the heat you say critic crumbs people to think whoa whoa there's no credit crunch in Dubai it's not coming it's the it's here but lurking in the background behind all of this is the fact that in just 10 years time Dubai's oil will run out the race is on if you'd invested in property out here over the past six years I give your financial advisor a raise because you'll easily have tripled your money but it wasn't for the faint-hearted four miles out to sea is probably the craziest property investment on the planet for sale 300 Islands the scene from above replicate the countries of the world this is absolutely ridiculous I've heard about this place I've seen the pictures I know all the facts until you actually come out here like this and experience it for yourself you have no idea of the sheer scale of it 320 million cubic meters have redistributed seabed later do buyers not just put itself on the mat to put the mat on itself I'm heading for Britain gentlemen permission to come ashore permission granted thank you very much [Laughter] eggs Londoners Safiye karashi and Mustafa nari moved to Dubai four years ago between them they've just bought England dare I ask how much you pay for it topping over 250 billion dollars you have both completely lost your marbles I mean you have paid 50 million dollars for a load of sand yeah it's one view tell me some of the stuff you're gonna do here the idea very much is to have some luxury accommodation wait where you can bring your boat pocket right outside your villa swimming pools spas how many are we talking about you're talking in and around the hundred mark 100 villas over here so you're living in your own private villa surrounded by you know absolutely amazing shorelines beaches I mean you say this so you're actually surrounded by the French over there and the Germans over there I mean they are worrying me closer you know they have felt closer but luckily there's still a bit of sea between us I'm imagining now these luxury villas here and even if they went just for five million dollars each I've just worked out you'll make a profit of 450 million dollars but give forwardand the cost of construction which is still working on that one yeah well you're still making what I think they call him ballon a nice little earner right you could say we maybe I mean that's a great story absolutely ballon boy buys Britain yeah it's not bad is it Saffy is a perfect example of a Dubai dream four years ago he arrived his skint having lost everything in a failed internet firm now thanks to a series of shrew property deals he's the king of England and looking to invade France but how did this little-known desert outpost become such a magnet for investors and those in search of a better life in the Sun he fires done an incredibly good job and marketing itself largely through one of the outset here to be utterly ludicrous projects they can fire me think glamour wealth and a rich hedonistic playground hardly surprising them that back in Britt wrapped under red tape trapped under the dark grey skies so many down some wannabes think this place is utterly irresistible [Music] although Debye is twice the size of London the main action takes place in a frenzy 20 miles stripping on the coast the legendary Dubai Gold Rush can be traced back to 2001 when the law was changed to enable foreign nationals to own property it coincided with the launch of the most famous of Dubai's artificial island projects the palm jumeirah which because it's connected to the mainland lured investors by the truckload my first impression is it's massively bigger and it seems from the sky only 4,000 properties were sold in the first seven to two hours for the project being announced for a brick have been laid the weirdest thing about Palm Island is that five years ago I'd have drowned by now because this was all water nothing quite prepares you for the sheer scale of their ideas Palm Jumeirah is so huge its central trunks supports two six lane motorways at the tip three miles out since Dubai's latest five-star hotel the Atlantis complete with an underwater lost city in a fish tank [Music] the Beckham's are quite a place here when Ashley Cole and Michael Owen follow suit creating a middle-eastern waxy man it may look like Brookside on the beach but having a Palmer dress is the ultimate status symbol and living the dream on frond D his Neil Peck Neil came out here 14 years ago and now publishes the Dubai version of GQ magazine [Music] judging by his cars at Bentley a vintage Jaguar and a Ferrari life is good throwing a Russian model wife and her glamorous friends and I'd say Palme living is very good how much of these properties been going up by and value well about four villas on either side of me no one lives there people who had them as an investment and they're going up at such a rate that they don't actually need to rent it I wish I were in that because many thoughts that one at the start for example what would you pay well that was probably about seven hundred thousand pounds 2.6 million dirhams in our currency would it be worth not 15 something like that so around six times what you pay for it exactly so it's been an amazing investment for people that makes you question your own job when you're earning a lot less than your house is there and is there like in any development like this is there a bit of you know keeping up with the Joneses absolutely I mean I've had so upgrade my barbecue several times the buyers learnt a very British lesson we do like to be beside the seaside waterfront property commands a premium and building out into the sea will at 300 miles to their coastline but when we struggle to build something as simple as a Millennium Bridge how do you create an entire city in just 20 years I have some dears when I see you this is crazy what the New Zealand and when you built it how'd you make sure the ridge come flocking this is ridiculous I mean how many towels are there why would you need a hundred towers and at the world's only seven star hotel I sampled the Dubai dream for myself [Music] there are times will be build things so astounding but they become Testaments to human ingenuity the pyramids of Egypt the Great Wall of China and now Dubai extravagance and Dubai go hand in hand but this really does take the gold-plated biscuit it's Ruby this seven star hotel costs so much to build and run but it will never make a profit but that's not the point the Burj Al Arab is Dubai's eiffel tower part of ruler Sheikh Mohammed's vision to put this place on the global map [Music] the best rooms here will set you back 12 grand a night and come complete with one of the hotels 16 white Rolls Royces and your own personal manservant they boast that they cater for every whim at the Burj Al Arab and that's certainly the case with me because I spent my entire life waiting for a bed where I could go to sleep look at myself I'm here to meet builder Eddie Mitchell while last met at the height of the UK's property boom in sandbanks Thorsen Eddie was quoting futuristic properties inspired by this hotel he's been coming here on business for five years and is now a gold star guest affording him extra special treatment watching you coming in it was like watching a visit by the Queen you know there's like a cast of thousands offering you tea and dates and yeah and lotion is the same every time I've but that about two six years he meets us every time we come in whatever time of day he's at the door it's like coming home so Eddie last time we met was in sandbanks yeah where the funny thing was there is that you produced properties like this which are you know by any normal standard in Britain completely barking mad futuristic emporiums of glass and concrete anything else out here you're known as mr. boring because I mean that is not even first base is it not really no case I mean you must love it it's like a permanent building site yes but probably the biggest building site in the world and after 30 years of building I just love it you're like a pig in a sty aren't you here for those he bought at the start in the palm or the world or the Burj Dubai how much money are people making I'm sure people are making many millions I'm gonna heard of one Chelsea footballer who had a place on the palm that he's never actually lived in he paid 400,000 pounds for it and he's just sold it for three and a half million yeah that's what he would have paid six years ago and he would now make three and a half million differently without setting foot in the place yep how have I missed out on this again we shoulda came here six years ago but you always need to pop up in these places at the right time I went to Sam base right at the peak I've come to Dubai right at the P what I need to do with you Eddie is stick with you in the down times well come on site and be a builder if you want the great thing about do buyers is always a stunning new location to practice your dog but you wouldn't have thought you could practice your skiing as well this is ste Dubai it's 45 degrees centigrade out there and in here - for fact absolutely bloody freezing think about Dubai is that the crazy of the idea the more like it is to be accepting there are many extraordinary feats of construction underway in Dubai at the moment a few more remarkable than this it's gonna be the biggest theme park in the world it's gonna be a hundred and seven square miles or two give me some idea of perspective bigger than Birmingham but even more extraordinary is the fact that they boasted for the catchy name Dubai Land will be finished in two seven years achieve that in the current economic climate and I'll eat my sunglasses this is a model of what the theme part will look like and quite frankly it's one of the most breathtaking things I've seen in my entire life there are going to be life-size replicas of the Taj Mahal the Eiffel Tower the Egyptian pyramids even Big Ben in the houses of parliament there's a Las Vegas style strip only it's four times as big as Vegas the only one word for this bonkers [Music] but in Dubai biggest is best this humongous fish tank is built inside the world's biggest shopping center next to yes you're way ahead of me the world's biggest building I've been to lots of tall places in my life the Empire State Building Eiffel Tower Awards at Canary Wharf for 10 years but I've never ever seen anything quite like this the Burj Dubai is already 720 meters tall making it the highest building in the world but the really scary thing is it's still growing all time please don't lean on the hole the sheer bravado of this structure beggars belief 3 returning a new story every three days it's another part of Sheikh Mohammed's plan to make sure D by stands out the final height is still top secret but the ambition is to be almost double the height of the next tallest building on earth Spanish little being defined in one lime anyway mr. Ali Al Abbar the fifth most powerful man in Dubai is chairman of email the government-backed construction company building the tower so we're right in the middle here on floor 160 but 611 meters up there still as I can see I mean there are 20 30 floors war already under construction does he wobble this I mean does it move around well this is much do you know how far I think of it moves maximums probably more but this much who's gonna be here who will be on these fools these are office floors people have bought private apartments there - right right what was the most expensive one you know a hold for all could probably cost you about 45 million dollars a hold for a bargain yes a bargain compared to London you know Sheikh Mohammed better than many people how would you describe him I've been within 15 years and there are times when his energy is so unbelievable this building here the first time we've designed it was 90 story and the meeting was one minute and His Highness said no I said okay so I did they think about hundred and twenty I said no so I just brought the chart of all the tall buildings in the world and I put in this building and said okay how how much taller than the policy I said well we about 40% taller is it good you go [Music] forty years ago depay was nothing more than a dusty fishing village but then rulers sheikh rashid had a vision to transform it into a hub for the world as a port as a tax-free business center it was an extraordinary and bold move the philosophy was simple build it and they will come and come they have now under the rule of his son Sheikh Mohammed the vision continues Dubai often feels more like a corporation than a state that's because just three things matter here business finance and success unlike in Britain where huge developments can get bogged down for years in red tape and bureaucracy over here they can go up in months and the reason is quite simple Sheikh Mohammed whatever the Sheikh wants gets done and fast of course being able to use millions of cheap workers from southern Asia has made it all possible in 2007 accusations are made of slave labor conditions the Sheikh Mohammed set up a confidential free hotline the construction workers to report any abuse as a result conditions have certainly improved but each year you a workers sent home an estimated four billion pounds of wages so a recession in Dubai would have serious global implications but trying to get anyone to actually talk about the possibility of economic downturn here in Dubai was like trying to get blood out of a stone I turned in Michele Canoe a billionaire businessman from the ninth richest Arab family in the world are you totally sold into this vision or are there going to be problems do you think well now there's going to be a lot of economic upheaval globally and I supposed to come and infect us you know what mentions right here I know say critic Rob's people think whoa whoa there's no credit crunch in Dubai in the agriculture to say something if you say it out loud there's a perception that it'll happen so we don't even call cancer cancer we call it the disease that can't be mentioned it's the same mentality is there a credit crunch coming in divided it's not coming it's here it already exists now for people to come and say you know this is the end and death of this area it's not gonna be the death of this area what's gonna be is a natural time out if you want allow things to come back to its normal position and then move forward the buyer I think is a good place to be if you're looking at 15 20 years down the road because if you're looking at two years down the road God knows what's gonna happen the next to you in terms of global finance during the boom times to buy was the hottest property market in the world the carrot that had expats scouring here faster than a bleach-blonde to a footballer Alan Tatem is typical of those that came chasing the Dubai dream she landed here four years ago and owns did buy luxury homes one of the most successful estate agents in town today she showed me a flat aim very much of the not so poor amazing views vast enough room how big is this it's thirteen thousand four hundred square feet the master suite takes at least a third of the apartment that's all about the bedrooms out here is that exactly and what would it costs if you wanted to buy this seventeen million pounds who would buy a place for who's living in this block yeah I mean discretion is the word but I mean we've got sporting personalities we've got presidents of countries 15 times the size of the average house in the UK who said size doesn't matter I mean it's just humongous this is not even a palmer is too loose a word well it's not a kitchen is it it's a restaurant that's the children's bed cool so did I said the old man here's the bathroom this is ridiculous I mean how many towels are there there must be a hundred towels in here why would you need a hundred hours I mean it is just opulence on an almost regal scale doesn't it is it's a staggering apartment perfect your average multi-millionaire you amazing view maybe not so good for a billionaire which is why the next phase I have its own a heliport on the roof that is gonna be just going for high level all together that's going for you billionaires rather than just a millionaire's and it's gonna have its own helipad and that you know they're working on their own immigration so that you can just jet in them well this is it there's a Russian oligarch this lands on the roof and out come immigration officials yeah another what's a nice girl like you doing hugging seventeen million pound apartments in Dubai I don't know it just happened four years ago set up my own real estate company and it done what were you doing back in Britain I work some of the country estate doing what doing what um as the estate secretary you're a secretary diminish your role but I mean it's quite a journey from any my secretary on an oscillatory state to this and you're nothing glimmering in diamonds and Rolex isn't that so nice being good for you right it has and that's not the half of it Helen our own polo team with eight Argentinian ponies and a full-time professional trainer it certainly beats typing Friday is polo day here at Arabian Ranches it's a bit of a fix to of the expat community a chance to revel in the good life whilst catching a chucker and slithering up the social ladder Becky from Bingley West Yorkshire and here you are at polo yeah I'm at the Polo Bingley girls are not really used to do this let's be honest I came over here and I launched a magazine for another company and I've just launched this magazine and I'm 28 years old I would not get that okay not badly for a girl from Bingley of it it's easy to get Jordan to the good life in Dubai at the buildings that are going up somehow I hear your expectations are well just higher but to live up to those expectations you're gonna have to have deep pockets especially be fancy a personalized number place two million dollars and I'll find out what it's like to live where hedonistic Western playgrounds exist in a country governed by strict Muslim values and what happens when you cross the line do you live in permanent fear that a wrong word could see you on the next plane back to britain deported I wanted to get narrow perspective on Dubai fortunately the man that bought Manchester City took two Suleiman Al Fahim has a house here he's made a fortune in property and as the Allen sugar of Arabia with his own apprentice style TV show and even his own catchphrase impress me what he said he's show me around the city I didn't realize he meant in his own private jet he impressed me it's incredible to think of only 30 years ago most of that would have been desert right 20 years ago this but the wise business there's the Burj Al Arab it's become the symbol of Dubai I mean how much of this is ego and are you all quite you know competitive people is it like you built the biggest tower I'm gonna go and build a bigger one it's not about the ego is about to show that capability we want to show a royal family that we can do it and what they're looking for is to build something unique something extraordinary and what this parable we attract foreigners I mean how much money is there down there now would you guess the last number announced recently was around 300 billion dollar 300 billion u.s. dollars just swimming around the Louis I was told your very first major project here you've made a hundred and fifty million US dollars on that deal is that right yeah that's right and you cleaned up I mean you've made 150 million bucks the good thing once they came with they're allowed to smile when I say that figure by the way I know to you it's not much money to me I mean this is like unbelievable what's it like being a billionaire you don't like you have a lot of fun you're always smiling unity enjoyed that for us we don't really do with the money in cash you really enjoy with family it's that what more culture and friendship between the family relationship and the weather is now that's a family I'd like to get into one of you has these single female relatives so we see the city from the air now it was time to see it at ground level in the world's only Versace Lamborghini Murcielago dr. Suliman paid six hundred thousand dollars more than the standard car for this designer model to ensure he cuts a dash on Dubai's highways the big thing in Dubai is about number places bet your number plays a very important you're one is seven three seven another valuable one but the two digits more important I have the 93 93 I bought because that's the year of graduation of my wife and how much was robbed today it was two million dollars two million dollars for 93 somebody will pay you two million dollars amazing thank goodness his wife didn't graduate in 83 even he might have struggled to pay for that one with such mind-boggling spending power on tap will come as no surprise that all pockets are catered for shopping here one of Dubai's super malls is a bit like being back at home to be honest Harvey Nicks behind me are the costs over there Starbucks Zara there any difference here is you've always got to look out for that unexpected visit on the billionaire Arab shake so how about a mobile phone do you actually sell these folks came after shop import four of these for half a million pounds yes blimey one earthed you do when you want an upgrade it's also easy to get sucked into the affluent lifestyle in Dubai please just drip success most expats here enjoy quality of life they only have dreamt about back in Britain fast villas spalling staircases giant swimming pools and personal maids they spend their days in terms of leisure at 5-star hotels like this and their nights at parties covered by society pages of Hello magazine small wonder then there's so many start to feel well a little bit grand after all back in Britain they were minnows here in Dubai everyone's a whale [Music] tonight's the hot 100 party an annual event with a local version of Hello magazine chose up a chart of all the movers and shakers in town in the main - like some spa managers and boutique owners that make it but it's taken very seriously if you're in you're in and if you're out you may as well be in goodbye magazine you've made it stranded zone that you get into when you get into the hot 100 I mean it's quite cool to be considered like hot an apparently none hotter than yours truly is mister Piers Morgan welcome expat life here revolves around the 50 or so five-star hotels that's because once inside we never need know you're in a country but alcohol is frowned on it's illegal to kiss in public or be gay or share a flat with your girlfriend Dubai knows it needs Westerners to succeed and so deliberately turns a blind eye to goings-on providing they go on on the private property of the hotel's a kind of expat bubble where life is good and intoxicating the brass tea bar is a regular expat haunt it's not far from where a couple of Brits were recently arrested for having sex on the beach although I believe that might be illegal back home as well enjoying the selves in a slightly more legal way is 46 year old mother of two from Birmingham Karren Brady just the kills are like always always this your might lead to dark generally generally yes - less is more less is more less is definitely more and what's it like I mean look at the nightlife here every single night you can party without fail it's like non-stop frequently are you making loads of money absolutely loads millions no money and the parties absolutely yes well first money then the party and what's this the man seemed like you I'm not looking for the man I'm just here to enjoying myself I've been married all my life and I'm not doing that anymore did you go on date Sarah sometimes yeah I like to have dinner with intellectual men but I generally don't fancy them right we should get dinner in the last year 230 Brits have ended up in devised prisons for range of offenses from the normal light drink-driving to the abnormal like bouncing a check if you aren't going to come out here make sure you learn the law for example sex outside of marriage can get you a year in jail possession of over-the-counter drugs they contain codeine for years even Harry Potter books were recently banned from schools because witchcraft is strictly illegal in Dubai it's a difficult society to get your head around on the one hand a traditional autocratic leader uses strict Sharia based law to rule with a rod of iron on the other hand and the 5-star hotels you can forget you're even in the Middle East but the two cultures exist side by side in parallel universes and except for the shopping malls rarely mix consequently the expats live in fear of making a silly mistake or inadvertently breaking a law that could with a swipe of the pen see them deported I drove into the desert with blogger and ex journalist Alexander McNab he's been living out here for almost 20 years and has first-hand experience of what happens when the two cultures clash [Music] amazing when I first moved here that was in the early 90s I came out here running a magazine which we shut down because I criticized the wrong guys computer there was a computer review mag and the computer didn't work and so we said the computer doesn't work which in retrospect was probably naive of me to tell the truth to tell the truth but it offended the man who happened to be related to a man who happened to in a position to do something about it so my office was sealed by the Ministry of Information now the great thing about Dubai today is that actually probably can't happen is it relaxing the censorship is it getting easier yes it is if you can stand up a good story where a government department is behaved appallingly I think you've got a chance of running that story when I first came out here you have done so you're now seeing allegations being made against some quite big figures in government and corruption investigations going on that were unthinkable here it's a process of change if you're in the media right here is you I do live in permanent fear that a wrong word could see you on the next plane back to Britain deported are you worried about what you're telling me for example no I don't think I have that fear I might be horribly wrong but I don't think I have that feel I don't live in fear I don't live in fear of saying what I think I worry about has seen two quad bites with a couple of government officials tipping over that June is either after they've been listening everything part of the problem lies in the fact that the shake can change laws virtually overnight while we were filming in an attempt to stop overcrowding amongst unskilled workers it was declared illegal to share property with anyone except close family if you're thinking of coming out here make sure you do your homework I'm off to meet an old friend patty perfect she moved out here with her son Harry after separating from her wayward husband Rick guitarist a status quo she went out here on a holiday I thought you'd be the ideal place to change the status quo a mend a broken heart a year on however and the Dubai dream is turning sour so using the status quo tour bus so this is your lovely piece of Dubai paradise Hacienda so this is the lounge yeah this four-bedroom house is typical of the expat family lifestyle out here inside landscape gated communities and miles them anywhere so this is the kitchen thankfully for the neighbors it's detached [Music] so bunny you're in a very nice place here but it's half an hour inland what would you pay here for your rent what are you oh you're gonna die 32,000 pounds for the year and you have to pay upfront in Dubai so that you had to write a check for 32,000 pounds for years rent in advance yeah so that strikes me is pretty expensive it is I mean it's ridiculous during your rental is up for renewal what are you gonna do I'm taking it for six months and then I just see here I go there what are they gonna charge you for that 27,000 pounds what in 1 year they've nearly doubled it yeah so be warned if your employer's not subsidizing your rent you'll be in for a nasty shock it's terribly expensive in Dubai it is wonderful tax-free Haven yeah everything's dirt cheap there's not really like that no and you know I don't want to spoil anybody's holiday or dream to move to Dubai but you really got to look at it because it's not all what it's cracked up to be people are watching it's gonna be thinking I quite fancy coming to Dubai yeah and yet you seem to have fallen slightly out of love with the dream yes I have haven't I Oh God where do I go now I do miss my friends I do miss my family and it is difficult to meet people over here because everybody's basically it's family and when I go out I am a threat I bet you are Oh 57 I mean that is amazing yeah recently divorced long bombshell it used to be with the wrong star you are public enemy number one to these women fantastic as rock'n'roll so what does the future hold for Dubai I'll be looking at the changing face of society here as it opens its doors widest of Western values could their secret defense against the credit crunch come down to a few familiar faces joy some of these Oh disgusting and just how much they prepared to spend to make short divide does become the greatest city in the world Pilate will be getting millions multi-million multi-million in the UK we've taken thousands of years to develop our laws and customs whereas Dubai has had just a couple of decades to try and find common ground to the 205 nationalities could happily coexist consider this just 1.3 million people live here of those 200,000 of Western expats 900,000 or Asians mainly workers and that leaves just two hundred thousand local Emiratis to put that in perspective imagine living in Britain where five out of six people were foreigners and when you think of it like that you kind of begin to work out that Dubai is actually quite a tolerant place [Music] it's a sign of Dubai's willingness to welcome foreigners into its midst to keep moving forward as someone take you full advantage of that acceptance is derek carr derek is former fashion stylist - pop stars like salt and pepper and Snoop Dogg is today better known as a next jewel thief what happened I am very stupidly i porn Jules and of course pawning you don't porn what is not yours and I dug myself into a nightmarish hole I would have to go take one piece of G will go to another company and lied basically to get another piece and which I pawned and it became a certain I did you serve two years in a New York jail for his crimes was kicked out of the u.s. I settled here in Dubai reinventing himself as get this a jewelry designer there you are a convicted thief felon for one for better phrase you kicked out of America and then Dubai where you would imagine they're quite strict about that kind of thing they welcome you in here I was accepted into Dubai because I think I was very straight filed with what I had done I was very straightforward and Who I am and the kind of saw what I can do also fairly you need to when there aren't many Derrick's in Dubai what I hear everywhere is if you do this you're out if you do that you'll be deported so what I haven't found there's any real evidence they actually do this I mean do people get chucked out of Dubai well of course they do I'm not people well no idea collective fear of being deported well listen the collective fear works because guess what I can open my car and I've especially from New York City I could never be a leave my computer in the car I do it all the time I leave my doors unlocked at home you think that the the rules are a small price to pay really for oh what a very small price to pay you know it gives you that sense of security and I couldn't be happier here right beautiful beautiful lovely if Dubai is going to succeed now more than ever it needs people it has to be seen as the in place someone you can't afford not to be so when Dubai can't build it Dubai buys it spending millions on celebrity names and crucially brands Gary rose to the latest big name lured into town of being good company Gordon Ramsay and Marco Pierre White are already here and raking in it you came just at the right time try some of these that is a little salmon fish cake with a lemon hollandaise godless disgusting I ever loved I mean actually delicious but just to see what you faded like it's delicious tell me God you've flown all the way to Dubai yeah and you've flown all the food out here as well oh yes why you stay in England six degrees outside and it's snowing in the UK where would you choose you know it's I just saw it no you know I want to spread the word about British cooking but video is given would you be out here if there wasn't a whacking great big Arabic checking it where's that contractor Mike no it's it's not a question of that is it it's that's always because I mean find a lot of brand names they yield such high commodities down here they will pay whatever it takes to get you well I think you know if I start cooking for money love than cooking for I really believe in I'd rather give it up so there you have it the definitive answer with hollandaise sauce oh how are you hello peers every year and up on the 44th floor another bought-in brand named mark fuller will be opening a version of london's embassy club here next year no offense to you Bob but you and Gary roads and not exactly you know the beckons and yet you're getting a lot of money thrown at you to come here what's in it for them to get you someone was saying to me today that it's all very well opening a hotel but you've got to entice people into it it's like all over the world the difference is is they're buying a name brand because it's a new country I mean is it rude of me to push you on just how many millions they paid you to kappa me and no i won't i won't say that it wasn't it wasn't millions but it was quite an acceptable figure what about Tiger Woods and people like that oh you see there Tiger Woods you know Christina Aguilera's those sort of people Kylie's will be getting millions multi millions multi millions is that because the people of Dubai the rulers here realize celebrities of that power are a PR magnet for here I think without doubt in the end this was a piece of desert this was a piece of sand they've built a city out of nothing how do you attract everybody they want to be number one they don't want to be number two number three number four they want to be Miami they want to beat Miami they want to be New York they want to beat New York you know so the only answer is bring it in Kylie coms Beyonce comes I mean even I'm maiden have played it it is almost surreal here it's the land of maple leaf it certainly is more like the land of unbelievable because of the world is rocked to the core by the credit crunch Dubai rocked of a sound of Kylie at the world's most expensive party the Atlantis Hotel was launched with a massive 7 million pound extravaganza was like an awful lot of that went up in smoke let's face it for the ordinary Brits living here as long as you toe the line life's pretty good for the investor though even ultra rifle in Dubai is fragile it doesn't manufacture anything of value oil now accounts for just six percent of its income and even though uber wealthy neighbor Abu Dhabi cut nine billion pounds into its economy back in October Dubai remains exposed three big government backed construction companies are already laying off hundreds of employees Dubai relies on foreign investors to make it work and without them Dubai's dream of becoming the greatest city on earth they'd have to wait I came to Dubai to find out if it really is all it's cracked up to be and the answer if you like Sun and fun glitz and glamour is resounding yes that's for the credit crunch everyone I've met here says the same thing Dubai won't just survive it will thrive and that's because it's bursting with ambition and drive all led by one man's extraordinary vision and an utter determination to turn this place into the biggest and most successful city in the world as for my part I think I borrow the favorite phrase of the British Builder it'll be alright when it's finished [Music] you

Channel: Provident Real Estate

Views: 20,977,516

Rating: 4.4554577 out of 5

Keywords: Billionaire, United Arab Emirates (Country), Dubai (Administrative Division), Real, Estate, Bedrooms, Real Estate (TV Genre), Luxury Real Estate, Residential, Villa, Apartment, dubai real estate, properties, property, Flat

Id: baimGHLHq5E

Length: 46min 24sec (2784 seconds)

Published: Tue Jan 27 2015

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[u/bammbamkam]

I'll pass. I'm allergic to snobs and piers morgan.