Reading a survey report on QE2 a year or two before she was sold shows that, internally, it was a shed! The list of defects was quite scary.
The worst parts were steelwork getting paper thin in places. Being in awkward places, these affected areas would have been very expensive to rectify. And if some areas are suffering from worn out steelwork, others must surely be close behind.
I would imagine that after a number of years alongside in Dubai, making virtually no money and therefore probably getting little or zero maintenance, the condition would now be a lot more iffy.
Sure, it was a nice looking ship but I think if I was the owner, I would be looking at weighing it in for the cash before it devalues any further. Scrap steel is worth a lot more than good looks!