BUSINESS & JOBS

New Dubai scores high when it comes to the most sought-after residential communities in the city this year, according to real estate agencies. According to Better Homes, Dubai Marina beats all other communities when it comes to rent. “The most popular residential areas in leasing for the first half of this year was Dubai Marina,” Annetta Shaw, Head of Residential Sales and Leasing, Head Office,

By Bindu Suresh Rai  www.emirates247.com Another month, another star moving into a neighbourhood near you; or so goes the story of Dubai, the most sought after celebrity city of...

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-based interiors contractor Depa Ltd fell into the red in the first half of the year due to an outstanding claim relating to a project, it said on Thursday, sending its shares lower. Depa said in a statement it made a net loss of 103.6 million dirhams ($28.21 million) due to a claim relating to Burj Khalifa, the world's tallest tower in Dubai.

Armani Hotel Dubai, in co-operation with Swiss Art Gate UAE, will host an art exhibition “UAE 40 – The Emirates Revisited,’ to coincide with Art Dubai, the premier art event in the city. Featuring oil and photography on canvas by Swedish artist Fabian Edelstam, “UAE 40 – The Emirates Revisited will open on March 19 at Armani/Ristorante in Armani Hotel Dubai, located in Burj Khalifa, the world’s tallest building.

Emaar Properties has announced it will roll over its US $1.32 billion (AED4.84 billion) debts into long-term project funding as fears recede of a repeat of the bail-out needed for stricken developer Nakheel. On Sunday it announced that Burj Khalifa is to tap solar power for residential water heating, using technology installed and operated by SOLE UAE Solar Systems.

Renowned for completing the interior design and fit-out of such famous landmarks as the world's tallest building, the 828 metre Burj Khalifa hotel in Dubai, and the Four Seasons hotel in Sharm El Sheik, Egypt, Depa said it is now aiming to enhance its position in the European market.

Little noticed in the furore over the state of facilities for the Commonwealth Games in New Delhi and in particular the Athletes’ Village is that the contractor who built the Village is the Dubai developer behind the world’s tallest building, the Burj Khalifa. You might think there were two odd things about this. One is that it has been little noticed. The other is that there is something of a contrast between the glitz of the Burj Khalifa, with its Dubaian (Dubish?) trappings of expensive souvenirs, Armani hotel and Armani-designed apartments up for sale, and Delhi’s “filthy” rooms and unworking toilets.

Many members of the Pakistani community also attended the event at Burj Khalifa's Armani Hotel on Friday. Sheikh Nahyan, who described the relationship between Pakistan and the UAE as one of "common heritage and culture", donated Dh1 million to the cause.

He recollects the day he was invited to Emaar Properties' sales office, where apartments at Burj Khalifa were being sold. "I waited for five hours in a queue and found that all except the 100th floor was sold out. I immediately bought this entire floor because, I believe, it is a prestigious address,"