Just like most of the Emirates, Dubai is a Disneyland. Only bigger.
Seriously, I don't know what crack these bedus are smoking, but there are more books translated into spanish each year than into any language of the emirates in the past 100 years. These people base huge chunks of their view of the world on an ancient facist monotheistic religion, live in societies that by social structure resemble the grimmest of dark ages, sharia law and all, and all they have is truckloads of money from selling their oil and no real idea what to do with it other than squander obscene amounts of resources to build a huge disneyland out in the desert. The amounts of water wasted alone are beyond imagination.
I'd have no problem with building a high-tech nation within a few years, if I'd actually be seeing some real progress, but I don't. I'm seriously sceptical of Dubai and its likes gaining critical mass and actually building sustainable societies
The prince of Dubai would be well advised to use all that money of his of building universities, implementing basic human rights and getting a modern society going and perhaps building a modern armed force to defend it. Since it doesn't look that way, I'm not placing my bets to high on this whole Dubai thing.
I wouldn't be suprised if this all collapses within 20 years and we have a bunch of impressive ruins but nothing more.
My 2 cents.