All Entries Tagged With: "Emaar Properties"
Dubai’s Burj Khalifa Tower to Hold Online Auction for Full Floor Corporate Space
Dubai’s sluggish commercial real estate market is getting international attention of sorts as Emaar Properties, the emirate’s largest developer, prepares to launch an online auction at its two-year-old, 3.3 million-square-foot Burj Khalifa, the world’s tallest tower at 163 stories.
Burj Khalifa, Palm Jumeirah stay off Dubai auction list
“We have not got a single property from Palm Jumeirah or Burj Khalifa to date. “We have got a list of properties that have to be auctioned, but I can confirm that none of them are from these areas,” said Humaid Omran Al Shamsi, Section Head, Auctions Section, DLD, told Emirates 24|7.
Opera house and modern art gallery to be built near Burj Khalifa
The arts received a double boost yesterday with the announcement of two multimillion-dirham projects. The first, a glittering new cultural district in Downtown Dubai, will cater for aficionados of both opera and modern art. The second, the expansion of the blossoming grassroots art scene in Al Quoz industrial area, will provide studio and gallery space for aspiring artists.
On top of the world
Standing majestically in the heart of Dubai is Burj Khalifa, the tallest building in the world. It glows in the morning sun and the magnificent, beautiful architecture begs you to “climb” it. The masterpiece in downtown Dubai is surrounded by a lake, a park, hotels, high-end residences, shopping malls including the biggest shopping centre in the world, The Dubai Mall.
Luxury and Stunning Views in a ‘Distressed’ Dubai Tower
How the Burj Khalifa, among the world’s most luxurious properties, can be considered distressed helps to illustrate the extent of the downturn in Dubai’s real estate market in recent years. Two years ago, the tower held a glitzy, fireworks-themed grand opening that attracted worldwide news coverage. But by October 2010 apartment prices at the Burj Khalifa had dropped 40 percent and they have yet to recover.
Dubai developer Emaar propels DFM higher
Shares on the Dubai Financial Market (DFM) rose yesterday, led by Emaar Properties, amid earnings optimism as investors speculated that the region’s largest developer would deliver strong fourth-quarter results.
Dubai Mall launches pedestrian link project
Scheduled to be operational in 2013, The Dubai Mall Metro Link is one of the longest pedestrian walkways that links the Dubai Metro with any retail development, and is expected to significantly enhance the convenience of visitors to the mall and Burj Khalifa.
Downtown Dubai turns festive
Thousands of energy-efficient decorative lights have started shining along the three-km long Emaar Boulevard, Downtown Dubai, which will continue through the entire festival season, including the UAE National Day celebrations, Emirates Classic Car Festival, New Year’s Eve and the Dubai Shopping Festival, up until April 2012.
Giorgio Armani has opened his new flagship Armani Hotel inside the palazzo at Via Manzoni 31 in Milan, Italy.
The hotel comprises a business centre covering an area of more than 200 square metres. The centre features a private conference room as well as a pair of boardrooms. Various amenities like audiovisual equipment, IT resources, conference facilities and remote-based lighting fixtures are installed in the rooms.
RTA offers special services during Eid days at Dubai Mall, Burj Khalifa
The Roads and Transport Authority (RTA) announces that it will provide special services aimed at offering temporary traffic solutions involving the broadening the scope of bus, taxi and metro transit services at the Dubai Mall/Burj Khalifa station during Eid al-Adha holidays from 6 to 9 November
