NEWS

Emaar Properties, Dubai-based developer, will be launching Rasha, a new villa extension in Arabian Ranches. Real estate agents had confirmed to Emirates 24/7 of a briefing on the project on Monday.

Just as the lights around the area go dim, everyone stops and cranes to watch the Dubai Fountain spectacle: a few minutes display of water dancing to music, rocketing up to 275 metres in the air. When the music stops, some onlookers and diners at outdoor tables clap their hands in awe.

Alia Saeed Mohammed and Betlhem Belayneh Deslagn will be to looking to build on their success at the Arab Games when the compete in the 10,000 metres at the Standard Chartered Dubai Marathon later this month. A 3km Fun Run is also being staged during the Dubai Marathon event, which get underway from outside The Pavilion Downtown Dubai, opposite the Burj Khalifa.

Emaar Properties said on Saturday it had set up a new team of senior managers and consultants to develop a five-year action plan. The Dubai-based developer of the Burj Khalifa, the world's tallest tower, said the team would "develop and roll-out a five-year corporate strategic action plan for long-term value creation".

Do you want to see the fireworks from Burj Khalifa, Atlantis, Burj Al Arab, and the World Islands all at once on New Year's Eve? This is possible by simply hopping on board the Dubai Ferry, operated by the Road and Traffic Authority (RTA) in a special New Year's Eve tour.

Burj Dubai, the world's tallest building by Emaar Properties, will receive its first residents as early as February 2010. They will be the first of over 12,000 people who will live and work in the mixed-use tower comprising luxurious apartments, prime office space and the world's first Armani Hotel, amongst other modern lifestyle amenities.

In the property construction cycle, fitting out the marble flooring and steel fixtures come last. The company posted a Dh198.2 million loss, mostly from impairments related to a dispute it has with another contractor on the Burj Khalifa.

Located in Dubai's re-created "Old Town", where an Arabian Nights mood prevails, the 242-room Palace provides a serene and refreshingly un-flashy accommodation option for Aussies enjoying a shop-over en route to Europe. One of five hotels operated in Dubai by The Address group, the sand-coloured Palace perches on the edge of a surreal blue lake (boasting more dancing fountains than Las Vegas’s Bellagio) with views of the world’s tallest building, Burj Khalifa, and easy access to the Dubai Mall, claimed to be the world’s largest shopping centre.

Sitting in the majlis — formal Arab meeting room — of his hotel in the 2,700ft tall Burj Khalifa in downtown Dubai, Armani praised the “strong nerves” of Mohammed Alabbar, the boss of Emaar, the developer.

It was billed to be the ‘Burj Effect.’ Today, some 180 days after the opening of Burj Khalifa, the world’s tallest building, there is a renewed sense of optimism that commercial establishments lining Sheikh Zayed Road in Dubai are poised for a revival of fortunes.