NEWS

The Address Downtown Dubai is the flagship hotel of The Address Hotels + Resorts, and is located in Downtown Dubai, described as the new soul of the city. The 63-storey hotel, the second tallest in the neighborhood, overlooks Burj Khalifa, the worlds tallest building; The Dubai Mall, the worlds largest shopping and entertainment destination; and The Dubai Fountain, the worlds tallest performing fountain.

Burj Khalifa is a source of pride for Dubai and the UAE, said a huge majority (90 per cent) of respondents in an online survey. Of the 811 UAE residents who took part in YouGov Siraj's online Omnibus survey, 61 per cent said they watched the inauguration of the Burj Khalifa.

Dubai: Few people in their right mind would look at an 828-metre tower and think, "I want to jump off that."

Emaar handed over 3,500 units in the UAE and internationally in 2010, including over 770 units in Burj Khalifa, the world's tallest building and over 420 units in international markets. In line with the business strategy of the Group to focus on the core sectors of property development, shopping malls & retail and hospitality, Emaar Properties transferred its healthcare and education assets to renowned service providers, which will contribute to additional recurring rental revenues in 2011 and later years.

There's no check-in desk and no concierge but there are "lifestyle managers" who whisk you through the silk-lined, 160-room Armani Hotel. Highlights include the spa and its well-regarded fine-dining Ristorante

When the Burj Khalifa opened a little more than a year ago, international attention focused, laser-like and rightly so, on this neo-Emerald City apparition in the Dubai desert. Its dizzying half-mile height and status as the world's tallest building were matched only by an elegant form that pierces, needle-like, the Middle East horizon. The 2,717-foot-tall building was designed by the Chicago office of Skidmore Owings & Merrill (SOM).

Dubai World's total debt, including liabilities, is around 60 billion dollars. Dubai's total debt is estimated at between 80 and 100 billion dollars, although some analysts say it could be as high as 170 billion.

The world has been embroiled in a race to the top, with each new super skyscraper overshadowing the last. While the United States built the first ever steel-skeletoned structure...

A Canadian investment company has said it is looking to spend up to $6 billion on distressed real estate projects in Dubai, adding that it has expressed an interest in acquiring the much-delayed Dubai Pearl development.

The hotel, located in the Burj Khalifa and covering eight floors, was developed under an agreement signed in 2005 with Dubai-based Emaar Properties PJSC. In addition, 144 Armani Residences are located on floors 9 to 16.