The emirate's elite bristle at such reports. Dubai's ruler has repeatedly blamed his sheikdom's tarnished image on a foreign media out to embarrass the emirate. Meanwhile, the question of how Dubai will cover its debts remains. Dubai has received $20 billion in emergency funds from its oil-rich neighbor Abu Dhabi, which also hosts the capital of the United Arab Emirates, a seven-state federation of which Dubai is part. That money, said to be in the form of loans, was put into a "financial support fund" intended to prop up Dubai's many state-linked companies, such as Dubai World and its troubled property development division Nakheel. More high-profile assets could also go, particularly trophy purchases such as the QE2, which Dubai bought for about $100 million in 2007. It was slated to become a luxury hotel off one of Dubai's manmade palm islands, but now languishes in downtown port Rashid, awaiting renovation. Various sources claim, that she is up for sale now.