Emaar Properties has denied media reports claiming that the Dubai developer is looking for buyers for two hotels in its Downtown Burj Dubai development, Emirates24/7 has reported.

Arabic daily ‘Al Bayan’ has quoted an Emaar spokesperson saying that that the report “is mere rumours and speculation”.

The previous report had claimed that the builder of the world’s tallest skyscraper is planning sell its Al Manzil and Qamaradeen hotels as well as other properties in the area.