Utilize the input text as a context reference, choose the right relationship between Arabtec and Dubai from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Dubai is now valued more conservatively than it was at the start of the Arabtec crash.

Answer: headquarters_location