Dubai Palm Islands, made of dollars

In re-organising my photo folders, I found out a photo taken (in 2005) on the original concept of Dubai Palm Islands. As noted, there were several tall buildings proposed. I watched a TV special about how the "sailboat" Burj Al Arab hotel was built on a bed of floating sand. The engineering behind it is superb and of course much money was put into making it happen. So the "sailboat" hotel is just only at the same size to the shortest building in the below photo. The tallest one in the photo looked the Dubai Tower (now built in downtown) was once proposed to be built at Palm Islands. If that's what originally planned for, the whole project of this Palm Islands would have been even more extravagant, maybe 4-5 times higher in cost than the existing one. Or we can say, if the banks backing up this project were reckless enough to buy a one way ticket for this investment, there would be another potential financial crisis outbreak from the recent Dubai World being in financial debts. At this point, I recall my property agent told me to buy property when it's done. Don't buy the projected ones. So this Palm Islands is another iron fact, though in time it will have been completed.