BUSINESS & JOBS

A post on a social networking site by an ‘unknown’ developer launching a new project in Downtown Dubai has led to over 40 real estate brokerage firms scrambling to get details.

Emaar Properties, Dubai’s largest developer, on Tuesday, August 7, 2013, issued a second list of property defaulters in its Claren T1 and 29 Boulevard T2 projects in Downtown Dubai, asking them to pay their pending installments within 30 days, or face termination of contract.

A new commercial tower planned for Dubai's Jumeirah Lake Towers (JLT) community could end up taller than the city's famous Burj Khalifa .That's according to Ahmed bin Sulayem, a senior official from the authority that oversees the district.

Stories about rags to riches are well-documented, and there exists a decent list of people who started with nothing, but with hard work, talent, grit, and of course a bit of luck, managed to rise to the very top ranks.

Cranes are set to start sprouting up in the shadows of Burj Khalifa as Damac, Emaar and other developers rush ahead with a spate of property marketing launches. Yesterday Emaar announced it would start online registration for the 120 flats in its 20-storey Burj Vista II tower on Mohammed bin Rashid Boulevard, close to the world's tallest tower.

Dubai-based Damac Properties has announced it is launching sales on its latest serviced living project in the Burj area of Dubai. Bay's Edge, a 22-storey tower offering views across to the Burj Khalifa, the world's tallest tower, comprises a total of 220 units managed by the hospitality management company of Damac.

The Al Rostamani Group subsidiary’s work on the project will allow Emaar Properties to strengthen the power network at its Downtown Dubai development as demand increases due to the wave of recently-announced projects such as the Emaar Residences Sky View and the Emaar The Address The BLVD towers.

The innermost secrets of the city’s most famous landmarks are to be laid bare in a new television series. State-of-the-art computer-animation techniques peel away the surface layers of buildings such as the Burj Khalifa and Burj Al Arab and delve deep to reveal the technological marvels inside.

Getting a view from the world’s highest observatory deck will now cost one quarter more, Khaleej Times has learnt. Burj Khalifa’s viewing deck At the Top has increased the ticket prices for early purchase dated and timed general admission for adults from Dh100 to Dh125 and for children (aged between four and 12) from Dh75 to Dh95.

The 2014 Fifa World Cup was showcased on the 123rd floor of the world’s tallest building – the Burj Khalifa – when official partner Visa, put on show the symbol of world soccer supremacy during a special presentation. The initiative to showcase soccer’s biggest prize is one of several events being hosted by Visa to promote the sport within the GCC.