Burj Khalifa was the undisputed winner in the ‘Building Project of the Year’ category sponsored by Technal Middle East, while the ‘Transport Project of the Year’ sponsored by Cadillac was picked up Dubai Metro Red Line.
Greek composer and pianist Yanni, acclaimed for his instrumental music, will perform in front of the iconic Burj Khalifa on October 28, organisers have announced. Yanni's Dubai performance follows a concert in Muscat, Oman, at the Sultan Qaboos University Cultural Centre Grand Hall.
Hundreds braved heat of 40°C to queue 24 hours early outside Emaar's offices for the chance to invest in a new development. By far most were labourers paid by property agents and brokerages to stand in the heat on behalf of buyers desperate not to miss out on Emaar's new off-plan project, The Address The BLVD, in Downtown Dubai.
Standing majestically in the heart of Dubai is Burj Khalifa, the tallest building in the world. It glows in the morning sun and the magnificent, beautiful architecture begs you to “climb” it. The masterpiece in downtown Dubai is surrounded by a lake, a park, hotels, high-end residences, shopping malls including the biggest shopping centre in the world, The Dubai Mall.
The Saif Belhasa Group has pared back its retail expansion plans and postponed its initial public offering (IPO) due to economic uncertainty, said its chairman. The group expanded into food retail in part to cash in on the Dubai Mall, one of the largest shopping centres in the world, at the foot of the Burj Khalifa,Mr Belhasa said.
Apartment sellers in the Armani Residences have listed a number of two bed room units for AED30m ($8.1m) each. Several units were put on sale in the past week, and the prices equate to AED13,500 ($3675) per square foot – nearly 20% higher than during the peak of the property boom in Dubai.
Indians are among top buyers in Burj Khalifa, the world’s tallest residential tower and have invested Dh18 billion in Dubai’s real estate market last year.
Dubai World, the government owned conglomerate will sign the final deal on its nearly $25 billion debt restructuring deal with its creditors next week, said Shaikh Ahmad Bin Saeed Al Maktoum, chairman of Dubai’s Supreme Fiscal Committee and Chairman of the conglomerate, yesterday.