BUSINESS & JOBS

"Currently, there is no Owners' Association for Burj Khalifa . Due to the unique nature of the project and the tower being an icon for Dubai and the UAE, it is essential that the management structure developed serves the interest of all stakeholders," an Emaar Properties spokesperson said.

He’s known to spin epic love stories and what better place to weave romance than atop Dubai’s iconic Burj Khalifa? Yes, you read right. The world’s tallest building will be featured in director Sanjay Leela Bhansali’s opulent TV serial Saraswatichandra.

Retail sales at The Dubai Mall, the world's largest shopping mall, rose by 24% during 2012 compared to the previous year, developer Emaar said on Saturday. The company also said the mall received a total of 65m visitors last year, an increase of more than 20% on the 54m visitors seen in 2011.

Seventy-one sales transactions were recorded in Burj Khalifa , the world's tallest tower in 2012, with two transactions topping Dh45 million, according to information provided by Reidin.com to Emirates 24|7. The two biggest transactions registered with the Dubai Land Department ( DLD ) were of Dh45.42 million and Dh45.07 million with price per square foot of Dh4,000 and Dh3,969, respectively.

Dubai’s office sector witnessed big-ticket deals in 2012 with a 542 square metre office in Al Sahaa tower in Downtown Dubai selling for Dh18.44 million, the biggest commercial deal registered last year. According to information provided by Reidin.com to Emirates 24/7, four of the top 10 commercial transactions took place in the Business Bay district, three each were in Downtown Dubai and Jumeirah Lakes Towers (JLT), respectively.

Standing by the window of his dining room, he is inches away from the pyrotechnic spectacle that is set to envelope the world’s tallest tower as 2013 ushers in. “You see that big metal rig just outside? That’s where they mount the actual fireworks.” But to take in the full view of the dazzle, he plans to go down the building with his family when the countdown begins.

Heidi Klum, the supermodel host of TV show ‘Germany’s Next Top Model’ arrived in Dubai last weekend to film segments for the latest series of the TV talent-search. Klum also producer of US “Project runway” was scheduled to meet with Dubai based designer, Furnes Oneo show casing his new collection “UnHoly” by Amato.

Visitors to the world's tallest tower can now take home their own pressed penny souvenir. Penny Press Factory a UK manufacturer of the world's most modern and dynamic looking penny press souvenir machines has installed a penny press on the 124th floor of the Burj Khalifa. Visitors to At The Top can make their own souvenir in the penny press machine after taking in the glorious views of Dubai.

The new city will be located between Emirates Road, Al Khail Road and Shaikh Zayed Road, and will include the Mohammed bin Rashid Gardens project. It will be connected to Downtown Dubai and Business Bay through a crossing that will be named the “Cultural Crossing” which will include art galleries and create the largest area for arts in the region.

His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Sunday praised the level of preparations and the persistent efforts of the Higher Committee to Host the World Expo 2020 and expressed confidence in their ability to make this national quest a reality.