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During the course of the festival, goodie bags will be distributed to visitors with VIP tickets in addition to VIP lanyards to ease their access to the dedicated lounge. The Address Hotels + Resorts will also be distributing booklets of complimentary vouchers to all VIP ticketholders.

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.

The Kingdom Tower in Jeddah would be the first of a breed of ultra-tall buildings to exceed 900 metres in height. That's more than twice as tall as New York's Empire State Building.United Technologies' Otis Elevator, Switzerland-based Schindler Group and Finland's Kone are racing to perfect technologies ranging from stronger brakes to smarter software to move elevator riders more efficiently and capture the market.

В соответствии с данными, представленными в обзоре компании Hamptons MENA, стоимость недвижимости в престижных районах Дубая (ОАЭ) в 2012 году выросла более, чем на 30%. В первую очередь речь идет о недвижимости в районах Downtown Dubai и Palm Jumeirah.

The builder of the world’s tallest structure — Burj Khalifa — recorded fourth quarter revenues of Dh2.680 billion as net profit reached Dh512 million. The contribution of Emaar’s international operations to the total revenue was Dh1.264 billion, representing 15 per cent of the total revenue. “International revenues were reinforced by the handover of homes and offices in Turkey, Lebanon, Saudi Arabia, Egypt and Pakistan, among other markets,” the master developer said.

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.

Gizmodo friend Gerald Donovan has sent us an amazing 2.6 GB, 360-degree panorama from the very top of the highest building in the world, the Burj Khalifa. You know, where Tom Cruise perched to be closer to Xenu and look out over all of us lousy, pill-popping humans. It'll take your breath away.

Emaar Property’s first project in 2013, The Address Residence Fountain Views, on Saturday witnessed an overwhelming response, selling out all the units released on the first day of the launch, according to sources. The strong response to Emaar’s prime property indicates robust demand for premium developments in Downtown Dubai, which was one of the most sought-after communities for residential sales and leasing last year.

Construction of the Water Discus Hotel will start this year in Gdynia, Poland, with Dubai and the Maldives showing interest in purchasing of the prototype, according to information published by a Polish government agency.

For Burj Khalifa, completed in 2010 for $1.5 billion, Otis designed a system using double-deck cars, computerized dispatch and its compact Gen2 lifts, which replace steel ropes with polyurethane-coated belts and bulky motors with smaller gearless drives, eliminating the need for a large engine room.