BUSINESS & JOBS

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has given his approval for work to begin on developing Dubai’s Historical District.

More than 2 billion people are estimated to have seen the glittering, colorful ceremony that marked the opening of the world’s tallest building in Dubai on January 4. The height of the building, which was renamed Burj Khalifa during the inauguration by Dubai’s ruler Sheikh Mohammed Bin Rashid al-Maktoum, was revealed to be 828 meters.

About 80 per cent of the completed office space in the project is empty, property agents say. And offices are renting for as much as 50 per cent less than space in nearby Downtown Dubai, where the Burj Khalifa, the world's tallest building, is located.

Burj Khalifa, the world's tallest building developed by Emaar Properties, is redefining the aesthetics and luxurious comfort of everyday living through its sky lobbies, specially designed public spaces that offer residents and visitors a relaxed lifestyle experience.

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.

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,

Gulf Finance, a UAE based boutique finance company, believes that the 3rd Arabian Business Forum held recently at the Armani Hotel, Dubai, served as the perfect platform for the regional business community to discuss new market opportunities even as the economy steadily recovers from the consequences of the global financial crisis.

Everyone who is not going anywhere else this New Year's Eve knows that the Burj Khalifa fireworks are not to be missed. Every resident has, by now, come up with...

The cheapest room, a 45-square-metre Armani Studio, costs $1,525 a night. The priciest, a 235-square-metre Armani Signature room, will cost you $4,900 a night, about $550 more than the most expensive suite at Dubai’s sail-shaped Burj Al Arab, the world’s first seven-star hotel.

A Dubai expat's ambitious plan to introduce a brand of Burj Khalifa-themed luxury water bottles to the UAE in the lead up to Expo 2020 will also see the creation of the world's most expensive - fully platinum and diamond encrusted - water bottle and the world's tallest crystal bottle.