Why Dubai's $30 Billion City was Abandoned

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Dubai is known for completing impossible megaprojects, and this one is truly incredible itself. Meydan One was a brand new City planned to be built directly next to Dubai back in 2015. 6 years after construction began, the developer has gone bankrupt, leaving the city completely abandoned. Throughout the video, I explain the multiple developers involved, the different parts of the project, and what the future holds for a megaproject like this one.

The biggest part of this project is Meydan One Mall, which was planned to be one of the biggest malls in Dubai. Meydan Properties, the developer of the mall, is currently out of money to finish the project. While the residential phase of the project is still in progress by a group called Azizi Developments, the rest sits completely abandoned.

Dubai is a city in the United Arab Emirates. Dubai is home to the Burj Khalifa, the tallest building in the world, and a massive new development called District 1. Dubai is one of the most popular tourist destinations in the world. Dubai, UAE, tourism, economy, District One, Meydan One.