DUBAI, United Arab Emirates — Skyscraper-studded Dubai has been on a hot streak for the last five years — and some residents are starting to feel burned.
The city-state has seen record-breaking real estate transactions and as more and more people come to live there, and its state-owned airline Emirates is booking record earnings. But all that growth comes with strains for the city’s population.
Traffic feels worse than ever on Dubai’s roads. The price of housing continues to spike even with new real estate projects being announced almost daily. Caught in the middle are both its Emirati citizens and the vast population of foreigners who power its economy — sparking rare public expressions of concern.
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Dubai has seen record-breaking real estate transactions in the
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