The above picture shows the site of
Dubai Promenade
, a little spit of land that should one day have a doughnut-shaped building and eight residential towers. (See the artist's rendering of what the project will look like after the jump). This
Nakheel
project was originally planned for completion in 2011, but at this rate it looks like it
might
do better as a private beach. The site was used as free parking during the
Dubai International Boat Show
... Many of the units in these towers have been sold and some of those buyers are now trying to get the company to refund their money. So far, Nakheel has declined. Let us know if you have any other updates on this project.
