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Emaar reverts on dividend payment for 2010
Emaar Properties, the Dubai developer, yesterday reversed its decision not to pay a dividend for 2010 by agreeing to pay 10% of the company’s share value.
Emaar proposes 10% dividend for 2010
Emaar Properties, builder of the world’s largest tower Burj Khalifa, said on Monday that it is approving a 10 per cent cash dividend for 2010. Emaar’s board had originally planned to withold a dividend for the past year, but at a shareholders’ meeting on Monday, Emaar Chairman Mohammed Alabbar agreed to a 10 per cent dividend.
Get the most beneficial Residential properties in Dubai
A few of these fascinating projects include Palm Jumeirah Property, The meadows, The World, Down Town Dubai, Arabian Ranches, Burj Khalifa, and Dubai Marina.
SKATER’S WALTZ
The name of the fountain was chosen after a contest organized by the developer Emaar Properties, the result of which was announced on 26 October 2008. Testing of the fountain began in February 2009, and the fountain was officially inaugurated on 8 May 2009 along with the official opening ceremony of the Dubai Mall.
Aggie reaches for the sky
“Study hard and follow your dreams.” This is the advice Smith, internationally successful architect, gave to students pursuing architecture when he made a visit to the A&M campus last week. Smith spoke to students at the Rowlett 2011 conference this past Friday in Rudder Theatre about achieving their goals. He has designed some of the world’s most recognizable structures, including the Burj Khalifa in the United Arab Emirates, the world’s tallest structure.
Luxury hotel Palazzo Versace Dubai says 80% of apartments sold
Palazzo Versace Dubai, the AED2.3bn ($626m) hotel and residences branded by the Italian fashion house, has sold 80 percent of its units, the developer behind the venture has said. Emirates Sunland Group, a joint venture between the UAE’s Emirates International Holdings and Australian-based Sunland Group Limited, also said construction on the luxury property is more than 80 percent complete.
Dubai Fountain from Burj Khalifa Observation Deck “At the Top”
This is Dubai Fountain from Burj Khalifa Observation Deck “At the Top”
Burj Khalifa sculpture to contribute to area’s cultural evolution
A sculpture of a traditional Gulf couple, unveiled in Downtown Dubai yesterday, is intended to contribute to the area’s evolution as a cultural and arts centre, said Mohamed Alabbar, the chairman of Emaar Properties. The white marble and black granite figures of a man in a khandoura and a woman in an abaya, called Together, have been placed on Emaar Boulevard, close to the entrance of the Burj Khalifa.
Emaar net profit falls 62%
Emaar Properties, builder of the world’s tallest tower, posted a 62 percent fall in fourth-quarter profit, hit by impairments related to its associates and the results missed analysts forecasts. Emaar handed over 3,500 units in the UAE and internationally in 2010, including over 770 units in Burj Khalifa and 420 units in international markets.
Living in Dubai Feature: The Dubai Aquarium
The Dubai Aquarium is an exciting place to take the entire family, with an impressive array of aquatic life encapsulated inside a giant tank with the largest viewing panel on the planet. The aquarium is located in Dubai Mall, just off the Burj Khalifa, so take a day to shop and drop by to experience this truly amazing exposition of marine life.
