Comment: Long-term test of unity for UAE
Although the crisis provoked serious tensions between the United Arab Emirates’ two leading centres, Dubai was thankful to be part of an oil-rich federation. Sheikh Mohammad bin Rashed al-Maktoum, the ruler, renamed the just-completedBurj Khalifa, the world’s tallest tower, after the UAE president.
Dubai World looks to round up its flock of creditors
Dubai World managed to put together a proposal by the end of March and got agreement on it from the seven banks that make up 60 per cent of the lending last month. That’s good progress, given the size of the debts and the number of banks involved.
Most owners to lease their Burj Khalifa units
The majority of Burj Khalifa unit owners are not inclined to sell their property in the secondary market and would rather look to lease them, real estate brokers say.
Besix wins $265m deal for causeway
Besix, one of the companies that built Burj Khalifa, the world’s tallest tower, has been awarded a US$265 million (Dh973.3m) contract to build Bahrain’s North Manama Causeway.
Du institutes first Customer Advisory Board as innovative way to connect with customers
In its quest to better serve its valued enterprise customers, Du is introducing its new Customer Advisory Board (CAB) during the first edition of the innovative programme at Armani Hotel on Monday 14 June.
Top 10 “living on edge” buildings in world
One bedroom apartments start at $4100 and two bedrooms at $6800. So far, only 60 apartments are ready for rental on the lower floors, but Emaar will make more available as they are finished.
Burj Khalifa studios rent at $38,000 a year
Studio flats can be rented for 140,000 dirhams ($38,000) a year at Burj Khalifa, the world's tallest building inaugurated in Dubai earlier this year, UAE daily Gulf News reported on Tuesday.
Rents at Burj Khalifa start at Dh140,000
With the handover of the Burj Khalifa residential units now starting, the market is beginning to get a feel for how much the rent should be for the 828-metre building's exclusive units.
World’s tallest residences will be in Lower Parel
A Dubai-based Gujarati-Jain business family with interests in real estate, shipping and logistics owns two apartments above the 65th floor of Burj Khalifa, the tallest residential-cum-mixed-use tower in the world, currently at 828 metres.
Burj Khalifa service charges announced
The service charge for the current year in Burj Khalifa, the tallest tower in the world, has been set at Dh52.77 per square foot for residential units and Dh55.70 per sqft for office units, Emirates Business can reveal.
