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It has been proven that Dubai's property market is currently stabilizing from the impacts of the global economic crisis that started a few years ago. Actually, it was really shown during the first quarter of this year 2012, in which a number of positive signs that emerged, such as the increase in property values or sale and rental prices of both apartments and villas which are only located in well-established developments in the Emirate.

In addition, one of the best proofs for such impressive recovery of the Emirate's property market is the recommencement of construction works for those real estate projects which have been stalled when the above-mentioned economic slowdown began. In fact, during the recently-celebrated Cityscape Global 2012 that was held in Dubai International and Financial Centre (DIFC), there have been reportedly a lot of construction companies in particular that have become optimistic; for they really believed that the demand for their properties will be potentially strong. So, the said property show was considered successful because of the fact that lots of projects worth of billions were then being showcased.

Now, one of the latest news with regards to decision of restarting or completing the stalled projects is the so-called 'Taj Arabia Complex' which is quite a replica of the Indian's iconic & stunning palace, Taj Mahal, comprising of 300-bedroom units. As a matter of fact, the said project is being predicted that it will be prestigious if once completed in 2014.

As a Chief Executive Officer (CEO) and Chairman of Falconcity of Wonders LLC, Salem Al Moosa, he said that the company is so delighted to be part of such project which was designed in order to engrave the Emirate's place both in the minds and hearts of all concerned parties. In summary, Taj Arabia Complex project will likely represent a key attraction in the Falcon City development as it will comprise of some commercial and hospitality facilities. So far, there have been already some Bollywood producers having interest in such project itself.