In this Aug. 23, 2008, file photo, Donald Trump, left, His Excellency Sultan Ahmed bin Sulayem of Dubai, center, and then Nakheel CEO Chris O'Donnell pose together at a party thrown by Nakheel and the Trump Organization to introduce The Trump International Hotel & Tower Dubai. Dubai's property bubble burst before the project could really get off the ground, and in 2011 The National reported that debt-laden developer Nakheel had canceled the project altogether.