Rents for Burj Khalifa units to outdo other established highrises
Tuesday, January 19, 2010
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The lease rates for units at Burj Khalifa, the world's tallest tower, are yet to be established, although analysts believe that the rental rates for commercial spaces in the tower will easily surpass the prevailing rates in other established high-rise buildings of the world, such as those of Petronas Towers in Kuala Lumpur or the Sears Tower at Chicago, United States.
The world's tallest tower spreads across Dh.600 per sq. ft. on an average, which is double that of other competing high-rises across the world, said Porush Jhunjuwala, Manager, Commercial Leasing at Better Homes.
The average price of offices across the world falls in the range of $30 to $40 per sq. ft. and in iconic towers such as the petronas in Kuala Lumpur and the Sears in Chicago it is about $60 and $85 respectively.
As far as Burj Khalifa is concerned, rentals will be based on demand and supply in the tower. Several large corporates have shown interest in the prestigious tower and have enquired for office space. However, it is too early to arrive at a definite rental amount what the tower is likely to command, said Jhunjuwala.
The height of the storey in which the unit is located, will be a major factor in determining the commercial rent value. The expected premium should be about 5 percent higher with the increase in height of each storey, he said.
Another main factor to determine the rent will be the service charges, which again, are yet to be cleared at the moment. Further, even service charges for the offices, form an important component of the rent, which also needs consideration, he said.
The selling prices of residential units are likely to appreciate soon, with delivery dates set from next month onwards. At present, the apartments will draw an average sale price of Dh.3500 to Dh.5000 per sq. ft. However, with the delivery of more apartments there will also be an improvement in the achievable sales prices, says Vineet Kumar, Head-Sales, Asteco, the leading property management firm.
Currently, the office space demands an average selling price of Dh.6000 per sq. ft. to Dh.7500 per sq. ft., he said. The units on the higher floors will obviously go for a higher price attracting a premium of about 15 percent in selling prices for higher storeys.
The world's tallest tower spreads across Dh.600 per sq. ft. on an average, which is double that of other competing high-rises across the world, said Porush Jhunjuwala, Manager, Commercial Leasing at Better Homes.
The average price of offices across the world falls in the range of $30 to $40 per sq. ft. and in iconic towers such as the petronas in Kuala Lumpur and the Sears in Chicago it is about $60 and $85 respectively.
As far as Burj Khalifa is concerned, rentals will be based on demand and supply in the tower. Several large corporates have shown interest in the prestigious tower and have enquired for office space. However, it is too early to arrive at a definite rental amount what the tower is likely to command, said Jhunjuwala.
The height of the storey in which the unit is located, will be a major factor in determining the commercial rent value. The expected premium should be about 5 percent higher with the increase in height of each storey, he said.
Another main factor to determine the rent will be the service charges, which again, are yet to be cleared at the moment. Further, even service charges for the offices, form an important component of the rent, which also needs consideration, he said.
The selling prices of residential units are likely to appreciate soon, with delivery dates set from next month onwards. At present, the apartments will draw an average sale price of Dh.3500 to Dh.5000 per sq. ft. However, with the delivery of more apartments there will also be an improvement in the achievable sales prices, says Vineet Kumar, Head-Sales, Asteco, the leading property management firm.
Currently, the office space demands an average selling price of Dh.6000 per sq. ft. to Dh.7500 per sq. ft., he said. The units on the higher floors will obviously go for a higher price attracting a premium of about 15 percent in selling prices for higher storeys.
Labels: Burj Dubai, Burj Khalifa, Leasing
World's tallest building, Burj Khalifa, now open to public
Tuesday, January 05, 2010
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The world's tallest building, standing tall at 828 meters in Dubai, has been named Burj Khalifa, by H.H. Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai. The building was known as Burj Dubai until yesterday.
The world's tallest building, standing tall at 828 meters in Dubai, has been named Burj Khalifa, by H.H. Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai. The building was known as Burj Dubai until yesterday.When unveiling the nameplate, Shaikh Mohammed said "We built the high-rise for people with strong will and determination. The highest point in the world should be linked to big names and I announce today the opening of Burj Khalifa Bin Zayed."
The UAE has put a new spotlight on the world map today, he added.
Just after the opening, about eight skydivers appeared in the sky, carrying UAE flags and pictures, landing in front of Shaikh Mohammed.
The final height of the tower, which was a closely guarded secret until yesterday, was revealed during the spectacular ceremony. The public who gathered in the premises were thrilled by the breathtaking fireworks display that lip up the building to its full height.
The show was broadcast to millions across the world by several local and international media organizations. The opening of the tower also coincides with the fourth anniversary of accession of Shaikh Mohammed as Ruler of Dubai.
Future residents of Burj Khalifa were also among the invited guests to see their future home. An overwhelming sense of patriotism filled the Burj Park Island, as people stood in thousands to witness Dubai Fountains performing the national anthem.
The entire inauguration included a pre-show, and three themed acts - From the Desert Flower to Burj Dubai, Heart Beat, and From Dubai and the UAE to the World, a fireworks finale.
The Speaker of Federal National Council, Abdul Aziz Al Ghurair, said Burj Khalifa is another milestone in the development and progress, which transformed the emirate into world's fastest growing city and helped transform UAE into a leading regional and international nation.
A host of facilities makes Burj Khalifa, a must-visit attraction for all tourists to the Middle East. Apart from being the only tallest man-made structure ever-built, it is also, a true multi-purpose building, when compared to other super high-rises across the world.
Several other high-rises world-wide, such as the Petronas Towers at Kuala Lumpur, Taipei 101 or Willis Tower in Chicago, are all used only for business purposes, while the Burj Khalifa has it all. It includes residential apartments, hotel, offices and other public amenities.
The main attraction is the Observation Deck, called At The Top, on the 124th floor, at a height of 442 meters above ground-level, offering an indoor panorama floor, with special telescopes, and an outdoor area for real experience.
The deck can be reached by double-decker elevators, carrying 21 people at each deck, traveling at ear-popping speed of 10 meters per second.
The observatory is the highlight of any visit to the Middle East. The journey begins at the lower ground level of Dubai Mall, wherein visitors get to watch the multimedia presentation, before entering the elevator lobby at the concourse of Burj Khalifa.
The deck includes a boutique, offering merchandise items and souvenirs. The Deck will be the highest level that public visitors can reach in the tower. There are several sky lobbies too at the upper part of the building, meant for residents and office workers, which can also be used by guests as a meet-and-greet venue.
The sky lobbies includes fitness amenities, swimming pools, jacuzzi, recreation rooms, fine-dining restaurant, and The Club.
The Club gives priority to residents, but is also open to the public and includes pools, gymnasiums, with a dedicated ladies-only gym and spa facility.
The concourse level of the tower offers shopping amenities, and the Armani hotel lobbies and restaurants. In the residential lobby, the World Voices collection by artist Jaume Plensa can be viewed. There are also other art pieces from prominent international and Middle East artists on the display, which gives the true spirit of global harmony.
Just outside the Burj Khalifa, is a park spreading across eleven hectares of land, featuring outdoor spaces, greenery, leisure and dining, and play areas, the Dubai Fountain and other themed water experiences.
The public are given access to the park from 10am to 10pm, Sunday to Wednesday, and from Thursday to Saturday from 10am to 12pm. The tickets are priced at Dh.100 for adults, Dh.75 for kids less than 12yrs of age, and Dh.210 for urgent access.
Labels: Burj Dubai
Burj Dubai Tower, Burj Dubai Metro Station, to be unveiled together
Monday, January 04, 2010
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The Chairman of the Board and Executive Director of the Roads, Mattar al Tayer, announced that Burj Dubai tower opening will also coincide with the opening of Burj Dubai Metro Station.
The RTA will officially begin operation of the Burj Dubai Metro station from tomorrow, to mark the fourth anniversary of the accession of H.H. Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, as the Ruler of Dubai and opening of the world's tallest tower.
The Burj Dubai station is elevated with the concourse and platform, which is situated at a higher level than the elevated Metro track. The station is 132 meters in length and 29 meters in width, with the capacity to handle 11,000 passengers per hour, per direction, and has two entry points fitted with escalators and lifts.
The station is likely to be used by about 1000 passengers every day on weekdays and by about 19,000 passengers during weekends and holidays, Al Tayer said.
The Burj Dubai metro station will serve the main Downtown Burj Dubai district, spanning an area of 45mn square feet. It surrounds residential, commercial, and recreational units, including Burj Dubai, Dubai Mall, 9 hotels, 19 residential towers, 30,000 residential units, and a boulevard, spanning 3.5kms in length. Residents living on the other end of the Jumeirah 2 road will also have easy access to the station.
To feed the station, RTA has deployed 11 buses, operating on two routes. Six buses will operate on Route F13 at 10-minute interval, linking Burj Dubai station with Burj Dubai area, including the Dubai Mall, The Address hotels and The Palace, The Boulevard and other locations in the area.
The Route F16 has five buses operating at 10 minute intervals, linking Burj Dubai station, with Jumeirah 2. Buses begin at the station and pass across the Mazaya Center, Al Wasl and Al Uruba Road, before heading back to the Metro.
The RTA will officially begin operation of the Burj Dubai Metro station from tomorrow, to mark the fourth anniversary of the accession of H.H. Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, as the Ruler of Dubai and opening of the world's tallest tower.
The Burj Dubai station is elevated with the concourse and platform, which is situated at a higher level than the elevated Metro track. The station is 132 meters in length and 29 meters in width, with the capacity to handle 11,000 passengers per hour, per direction, and has two entry points fitted with escalators and lifts.
The station is likely to be used by about 1000 passengers every day on weekdays and by about 19,000 passengers during weekends and holidays, Al Tayer said.
The Burj Dubai metro station will serve the main Downtown Burj Dubai district, spanning an area of 45mn square feet. It surrounds residential, commercial, and recreational units, including Burj Dubai, Dubai Mall, 9 hotels, 19 residential towers, 30,000 residential units, and a boulevard, spanning 3.5kms in length. Residents living on the other end of the Jumeirah 2 road will also have easy access to the station.
To feed the station, RTA has deployed 11 buses, operating on two routes. Six buses will operate on Route F13 at 10-minute interval, linking Burj Dubai station with Burj Dubai area, including the Dubai Mall, The Address hotels and The Palace, The Boulevard and other locations in the area.
The Route F16 has five buses operating at 10 minute intervals, linking Burj Dubai station, with Jumeirah 2. Buses begin at the station and pass across the Mazaya Center, Al Wasl and Al Uruba Road, before heading back to the Metro.
Labels: Burj Dubai
Emaar records Dh 655mn profit in third quarter 2009
Friday, October 30, 2009
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Emaar Properties, the largest developer in the region, has reported a net operating profit for the 3rd quarter at Dh.655m, which is 48 percent higher than that of second quarter operating profit of Dh.442m.
According to Emaar, the increase in profits have been due to scheduled handover of Alma townhomes in Arabian Ranches during the third quarter and better returns on some foreign ventures.
Emaar posted a third-quarter net profit of Dh.655mn, an increase by revised net loss of Dh.417mn during the same period last year. Emaar shares closed 0.2 percent higher at Dh.4.61 on Thursday, an increase from a low of Dh.1.77 in March.
The increase in earnings follows a net loss of Dh.1.29bn during the second quarter this year, mostly due to write-down of its business in the US, John Laing Homes, which filed for bankruptcy protection in February this year. Emaar bought the US developer in 2006 for more than one billion dollars.
The Company also switched over to new accounting process in April which books a profit only when completed property is handed over. Emaar recorded net profit of Dh.1.51bn during the third quarter of last year before changing over to new accounting procedure.
The market is also awaiting for conclusion of merger between Emaar, Sama Dubai, Tatweer and Dubai Properties.
Emaar is generating income from its hospitality unit, with the completion of The Address Dubai Mall, a hotel in Downtown Burj Dubai, during third quarter. Meanwhile, the flagship shopping center, the Dubai Mall, which opened last October, has 1000 stores and Emaar Healthcare Group opened its first medical center at Downtown Burj Dubai.
Emaar has also completed several of its overseas ventures, while the others under construction abroad are making good progress.
Emaar will open the Burj Dubai, the world's tallest tower on 2nd December, which has attributed to the rise in profit to the handover of property at Arabian Ranches.
According to the Chairman of Emaar, Mohamed Alabbar, the focus for first nine months this year has been on project completion and strengthening of customer relationships.
According to Emaar, the increase in profits have been due to scheduled handover of Alma townhomes in Arabian Ranches during the third quarter and better returns on some foreign ventures.
Emaar posted a third-quarter net profit of Dh.655mn, an increase by revised net loss of Dh.417mn during the same period last year. Emaar shares closed 0.2 percent higher at Dh.4.61 on Thursday, an increase from a low of Dh.1.77 in March.
The increase in earnings follows a net loss of Dh.1.29bn during the second quarter this year, mostly due to write-down of its business in the US, John Laing Homes, which filed for bankruptcy protection in February this year. Emaar bought the US developer in 2006 for more than one billion dollars.
The Company also switched over to new accounting process in April which books a profit only when completed property is handed over. Emaar recorded net profit of Dh.1.51bn during the third quarter of last year before changing over to new accounting procedure.
The market is also awaiting for conclusion of merger between Emaar, Sama Dubai, Tatweer and Dubai Properties.
Emaar is generating income from its hospitality unit, with the completion of The Address Dubai Mall, a hotel in Downtown Burj Dubai, during third quarter. Meanwhile, the flagship shopping center, the Dubai Mall, which opened last October, has 1000 stores and Emaar Healthcare Group opened its first medical center at Downtown Burj Dubai.
Emaar has also completed several of its overseas ventures, while the others under construction abroad are making good progress.
Emaar will open the Burj Dubai, the world's tallest tower on 2nd December, which has attributed to the rise in profit to the handover of property at Arabian Ranches.
According to the Chairman of Emaar, Mohamed Alabbar, the focus for first nine months this year has been on project completion and strengthening of customer relationships.
Labels: Burj Dubai, Emaar
Burj Dubai to remain world's tallest skyscraper atleast for a decade
Thursday, December 11, 2008
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The global financial crisis has assured that Emaar's Burj Dubai would continue to remain the tallest skyscraper, atleast for a decade, and would keep up the region's pride, say analysts.
Although, several other projects were announced that claimed to surpass Burj Dubai's height, analysts now agree that all such projects would require several billions for completion, and hence, they have all been bought to a halt.
The crisis is expected to govern global lives for the next three to five years, and an additional five years at least, would be required for the towers to surpass the 818 meters final height of Burj Dubai, and hence, it is now safe to say that the astonishing landmark, Burj Dubai, would cement its place as the world's tallest building till 2019.
About four projects have been announced till date to outstrip Dubai. One being the Al Burj Tower by Nakheel in Dubai, the others are the Murjan Tower 1 in Bahrain, Burj Mubarak al-Kabir in Kuwait, and a kilometer high tower for Jeddah by Saudi Arabian Prince Al-Waleed bin Talal.
Located in Business Bay district of Dubai, the Burj Dubai, the tallest man-made structure ever, will be ready for occupation in September 2009. The building, which forms a part of the 2 Square Kilometer development, called 'Downtown Dubai' along the Sheikh Zayed Road at Doha Street, holds records of being the tallest structure, tallest freestanding structure, building with maximum floors, in the world.
The global financial crisis has assured that Emaar's Burj Dubai would continue to remain the tallest skyscraper, atleast for a decade, and would keep up the region's pride, say analysts.Although, several other projects were announced that claimed to surpass Burj Dubai's height, analysts now agree that all such projects would require several billions for completion, and hence, they have all been bought to a halt.
The crisis is expected to govern global lives for the next three to five years, and an additional five years at least, would be required for the towers to surpass the 818 meters final height of Burj Dubai, and hence, it is now safe to say that the astonishing landmark, Burj Dubai, would cement its place as the world's tallest building till 2019.
About four projects have been announced till date to outstrip Dubai. One being the Al Burj Tower by Nakheel in Dubai, the others are the Murjan Tower 1 in Bahrain, Burj Mubarak al-Kabir in Kuwait, and a kilometer high tower for Jeddah by Saudi Arabian Prince Al-Waleed bin Talal.
Located in Business Bay district of Dubai, the Burj Dubai, the tallest man-made structure ever, will be ready for occupation in September 2009. The building, which forms a part of the 2 Square Kilometer development, called 'Downtown Dubai' along the Sheikh Zayed Road at Doha Street, holds records of being the tallest structure, tallest freestanding structure, building with maximum floors, in the world.
Labels: Burj Dubai
Iconic tower Emaar Burj Dubai attains record heights
Wednesday, September 03, 2008
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The iconic tower developed by Emaar, Burj Dubai, has attained record height of 688 meters.
The tower, which is already the world's tallest, after surpassing KVLY-TV mast of USA, North Dakota, in April 2008, now includes 160 storeys, which is also the largest number of storeys than in any building.
On completion, Burj Dubai, will meet all four criteria listed by the council on tall buildings and urban habitat (CTBUH), which classifies the world's tallest structures. The CTBUH takes into consideration the height of buildings upto the structural top, the highest occupied floor, the top of the roof, and the tip of pinnacle, antenna, spire, mast or flag pole.
Designed by the Skidmore, Owings & Merril (SOM), Burj Dubai is constructed by Samsung Corporation of South Korea. The project and construction is managed by Turner Construction International. About 7500 professionals and skilled workers are employed on-site at Burj Dubai.
The cladding work is nearing completion, and the work has begun on the interiors, which boasts superior finishes. Only the best efficient technologies are being deployed to ensure that the iconic building remains as a standard for energy usage and water recycling.
Burj Dubai is the anchor mega-project by Emaar at the Dh.73bn Downtown Burj Dubai. Being described as the new heart of the city, the Downtown Burj Dubai is a mixed-used development comprising premium hotels, modern residences, exclusive business facilities, and shopping malls and leisure amenities.
The iconic tower developed by Emaar, Burj Dubai, has attained record height of 688 meters.The tower, which is already the world's tallest, after surpassing KVLY-TV mast of USA, North Dakota, in April 2008, now includes 160 storeys, which is also the largest number of storeys than in any building.
On completion, Burj Dubai, will meet all four criteria listed by the council on tall buildings and urban habitat (CTBUH), which classifies the world's tallest structures. The CTBUH takes into consideration the height of buildings upto the structural top, the highest occupied floor, the top of the roof, and the tip of pinnacle, antenna, spire, mast or flag pole.
Designed by the Skidmore, Owings & Merril (SOM), Burj Dubai is constructed by Samsung Corporation of South Korea. The project and construction is managed by Turner Construction International. About 7500 professionals and skilled workers are employed on-site at Burj Dubai.
The cladding work is nearing completion, and the work has begun on the interiors, which boasts superior finishes. Only the best efficient technologies are being deployed to ensure that the iconic building remains as a standard for energy usage and water recycling.
Burj Dubai is the anchor mega-project by Emaar at the Dh.73bn Downtown Burj Dubai. Being described as the new heart of the city, the Downtown Burj Dubai is a mixed-used development comprising premium hotels, modern residences, exclusive business facilities, and shopping malls and leisure amenities.
Labels: Burj Dubai, Latest News
Claren 2 residential towers unveiled by Emaar
Saturday, June 28, 2008
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Emaar Properties has recently launched Claren 2, the mid-rise residential towers, which form a part of Claren district.
Designed by renowned architects, the Claren 2 residential towers comprise studios, single, double and triple bedroom apartments, which are located in easy access to lifestyle events at the Burj Dubai Boulevard.
Claren 2, located in close proximity to the Burj Dubai, the world's tallest building, and the new fountain in Burj Dubai Lake, offers a unique 'boulevard lifestyle'. The claren homes focus on maximizing the privacy of residents, are distinct in their own way due to their elegant design focus.
The sales for registered customers will take place on June 21st, 2008 at the Downtown Living Sales Center at the Abu Dhabi Sales Center from 9am to 6pm. Several financial institutions have come forward to offer easy home finance options.
Claren is the most sought-after residential zones within Burj Dubai due to its architectural elegance and access to lifestyle amenities. Claren 2 features two towers with 21 and 25 storeys.
The residents can look forward to a wide spread array of retail outlets, restaurants, and other entertainment options at Burj Dubai Boulevard, apart from a range of podium level amenities such as landscaped pool deck, swimming pools, children’s play area, fully-equipped gymnasium, and multipurpose rooms. Basement floors offer ample parking space, and connectivity to Burj Dubai Tram system.
Residents can also enjoy access to The Dubai Mall, the largest shopping and entertainment destinations in Dubai, due to open by end of this year, apart from Souk Al Bahar mall and other hotels.
Labels: Burj Dubai, Downtown, Emaar, Residential
Burj Dubai to grow taller: Emaar
Thursday, June 19, 2008
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Emaar Properties, the developer of the world’s tallest building 'Burj Dubai', has announced that the height of Burj Dubai will be increased further, and the work towards realizing this is already progressing. The final height will however, be revealed on its completion in September 2009.
Construction of two communication floors has already begun, and the structural steel work has started. Apart from increase in height, Burj Dubai is also likely to have its interior finishes upgraded. International designers from California have been revisiting the designs to make the residences more attractive and functionally superior. This process is being carried out over the past three months, with prominence given to maintaining high-quality standards.
The Chairman of Emaar, Mohamed Ali Alabbar, said "Burj Dubai is an unparalleled accomplishment in the history of mankind. The tower has been setting new benchmarks in architecture with its driving forces such as cutting edge innovation, breakthrough technology and creativity. It is now pushing its own record breaking standards further, through enhancements in height and design."
"The enhancements on Burj Dubai are being done through advanced technology and qualitative improvements. Several aspects of Burj Dubai, such as the interiors were decided in 2004. With current enhancement, we intend to introduce latest in quality considerations that will keep Burj Dubai truly exclusive," he added.
Standing high at 636 meters, Burj Dubai is already the tallest building and structure in the world. The tower has the largest number of floors than in any building. About 7500 professionals and skilled workers are employed on-site, and various infrastructure building works are being undertaken.
Emaar Properties, the developer of the world’s tallest building 'Burj Dubai', has announced that the height of Burj Dubai will be increased further, and the work towards realizing this is already progressing. The final height will however, be revealed on its completion in September 2009.Construction of two communication floors has already begun, and the structural steel work has started. Apart from increase in height, Burj Dubai is also likely to have its interior finishes upgraded. International designers from California have been revisiting the designs to make the residences more attractive and functionally superior. This process is being carried out over the past three months, with prominence given to maintaining high-quality standards.
The Chairman of Emaar, Mohamed Ali Alabbar, said "Burj Dubai is an unparalleled accomplishment in the history of mankind. The tower has been setting new benchmarks in architecture with its driving forces such as cutting edge innovation, breakthrough technology and creativity. It is now pushing its own record breaking standards further, through enhancements in height and design."
"The enhancements on Burj Dubai are being done through advanced technology and qualitative improvements. Several aspects of Burj Dubai, such as the interiors were decided in 2004. With current enhancement, we intend to introduce latest in quality considerations that will keep Burj Dubai truly exclusive," he added.
Standing high at 636 meters, Burj Dubai is already the tallest building and structure in the world. The tower has the largest number of floors than in any building. About 7500 professionals and skilled workers are employed on-site, and various infrastructure building works are being undertaken.
Labels: Burj Dubai, Emaar, Latest News
The Mansion - residential tower launched at Burj Dubai by Emaar
Saturday, June 14, 2008
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One of the most magnificent residential complexes, The Mansion, has been unveiled by Emaar Properties at Burj Dubai, the world's tallest building.
Being an architectural masterpiece by itself, it is unique in the sense that all homes with 60-storey tower, open to receive direct views of Burj Dubai, and the magnificent fountain on the Burj Dubai Lake.
Located on the Burj Dubai Boulevard and Lakefront, The Mansion, has a private access and security, to create an exclusive neighborhood choice for interested buyers. Being a true luxury residential complex with in-tower retail options, The Mansion at Burj Dubai, is designed by the renowned Adrian Smith, the designer of Burj dubayy, the world's tallest building.
The Mansion features spacious, elegantly designed studios, single, double and triple bedroom apartments that render unparalleled views of Downtown Burj Dubai, the fountain in Burj Dubai Lake, the stellar water and music spectacle from the terraces and balconies of every unit.
On the 58th storey of the tower is a stunning penthouse with two large terraces, which is the perfect place for entertainment. The Mansion also includes an international restaurant at its lobby, which directly opens to render magnificent views of the fountain.
On the 58th storey of the tower is a stunning penthouse with two large terraces, which is the perfect place for entertainment. The Mansion also includes an international restaurant at its lobby, which directly opens to render magnificent views of the fountain.
According to the Sales Director, Emaar Properties, Saif Al Mansoori, The Mansion will be one of the crowning residential projects at Downtown Burj Dubai, as it blends three appealing elements - central location in Downtown Burj Dubai, magnificent views of Burj Dubai and the fountain in the Burj Dubai Lake, and a rich blend of retail and lifestyle amenities.
The Mansion, apart from being a gateway between the commercial and residential zones in Downtown Burj Dubai, is also an elegant work of architecture, which adopts subtle, alternating pattern of directionality on its window units, creating a dynamic woven texture. The vertical stone ribbons lining the southern facade will protect the units from harsh sun which also allowing light to pass through.
Residents can avail a range of lifestyle amenities at the Burj Dubai Boulevard, and enjoy the shopping and leisure options at the Dubai Mall, one of the largest shopping and entertainment zone in the world. Various other retail outlets and food and beverage facilities will also be available at the tower's retail plaza. Among the other amenities in the tower are the business center, fully-equipped gymnasium, entertainment area, swimming pool and sundeck.
The Mansion units will be open for sales at Burj Dubai from 14th June at Downtown Living Sales Center and at Abu Dhabi Sales Center at Emaar.
Labels: Burj Dubai, Downtown, Emaar, Luxury Homes, Residential
Completion of Burj Dubai delayed further
Tuesday, June 10, 2008
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Developer of the world's tallest tower, Emaar Properties, yesterday stated that the Burj Dubai tower will be delayed by another eight to nine months.
Earlier this year, the company had stated that the completion of the tower is four months behind schedule. However, the company had said that it plans to complete the tower in 2008.
Burj Dubai, the tallest building in the world, is a part of $20billion Burj Dubai development, being developed by Emaar Properties. The iconic project, which includes a shopping mall, residential buildings and hotels, is pushing the frontiers of engineering, architecture and construction. The Dubai Mall, which forms a part of Burj Dubai development, will have 100 storeys on completion.
According to the company spokesman the luxury finishes that were arrived upon when the tower was conceptualized in 2004, is now receiving its final upgraded touches, and the design of the apartments too, are being enhanced to render a more attractive, aesthetic appeal.
"By ensuring upgraded apartments and living environment in Burj Dubai, Emaar emphasizes its commitment towards offering world-class, one-of-its-kind projects," the company said.
Developer of the world's tallest tower, Emaar Properties, yesterday stated that the Burj Dubai tower will be delayed by another eight to nine months.Earlier this year, the company had stated that the completion of the tower is four months behind schedule. However, the company had said that it plans to complete the tower in 2008.
Burj Dubai, the tallest building in the world, is a part of $20billion Burj Dubai development, being developed by Emaar Properties. The iconic project, which includes a shopping mall, residential buildings and hotels, is pushing the frontiers of engineering, architecture and construction. The Dubai Mall, which forms a part of Burj Dubai development, will have 100 storeys on completion.
According to the company spokesman the luxury finishes that were arrived upon when the tower was conceptualized in 2004, is now receiving its final upgraded touches, and the design of the apartments too, are being enhanced to render a more attractive, aesthetic appeal.
"By ensuring upgraded apartments and living environment in Burj Dubai, Emaar emphasizes its commitment towards offering world-class, one-of-its-kind projects," the company said.
Labels: Burj Dubai, Emaar
Emaar launches Armani Residences at Burj Dubai
Tuesday, October 30, 2007
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Emaar Properties, the leading Dubai-based realty developer, has launched their Armani Residences, in the world's tallest building, Burj Dubai.
Designed by Giorgio Armani, the 144 units of Armani Residences offer a unique lifestyle experience, and are the first ever residences to be designed by Giorgio Armani. The Armani Residences complement the Armani Hotel, likely to be opened in 2008 in Dubai, and are the first to be opened on collaboration between Giorgio S.p.A and Emaar.
The single and double bedroom luxury residential suits of the Armani Residences, range from 99 sq. mt. to 208 sq. mt. in size, and are decorated with a wide range of Armani/casa home furnishings, clean lines, and the finishes and materials range from zebrawood, stone, fabric, venetian plaster and leather wall coverings. The smart-home technology is the main highlight of the residences that include 100% automated systems for temperature and drapery control, security, lighting and air-conditioning.
Every floor of the Armani Residences has its own elevator access, with full-glass panoramic windows that offer spell-binding views of the Downtown Burj Dubai.
The residents at Armani Residences also have the added benefit of enjoying the amenities at the Armani Hotel Dubai, which complements the Armani Residences, has 160 rooms offering the ultimate in hospitality standards. It offers facilities such as 24-hour room service, concierge, housekeeping, access to library spa, swimming pool and gymnasium and cigar club.
Burj Dubai, by itself, is a mixed-use tower, featuring commercial offices, leisure amenities, and serviced apartments. On its completion during late 2008, the Burj Dubai will be a perfect complement to a vast array of lifestyle options in Burj Dubai, featuring the Burj Dubai Boulevard, The Dubai Mall and various other hospitality and residential projects.
Designed by Giorgio Armani, the 144 units of Armani Residences offer a unique lifestyle experience, and are the first ever residences to be designed by Giorgio Armani. The Armani Residences complement the Armani Hotel, likely to be opened in 2008 in Dubai, and are the first to be opened on collaboration between Giorgio S.p.A and Emaar.The single and double bedroom luxury residential suits of the Armani Residences, range from 99 sq. mt. to 208 sq. mt. in size, and are decorated with a wide range of Armani/casa home furnishings, clean lines, and the finishes and materials range from zebrawood, stone, fabric, venetian plaster and leather wall coverings. The smart-home technology is the main highlight of the residences that include 100% automated systems for temperature and drapery control, security, lighting and air-conditioning.
Every floor of the Armani Residences has its own elevator access, with full-glass panoramic windows that offer spell-binding views of the Downtown Burj Dubai.
The residents at Armani Residences also have the added benefit of enjoying the amenities at the Armani Hotel Dubai, which complements the Armani Residences, has 160 rooms offering the ultimate in hospitality standards. It offers facilities such as 24-hour room service, concierge, housekeeping, access to library spa, swimming pool and gymnasium and cigar club.
Burj Dubai, by itself, is a mixed-use tower, featuring commercial offices, leisure amenities, and serviced apartments. On its completion during late 2008, the Burj Dubai will be a perfect complement to a vast array of lifestyle options in Burj Dubai, featuring the Burj Dubai Boulevard, The Dubai Mall and various other hospitality and residential projects.
Labels: Burj Dubai, Emmar, Latest News
Downtown Dubai – urban living with style and luxury
Monday, September 10, 2007
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The Downtown Dubai development, which surrounds the prestigious Burj Dubai Tower, is designed to provide an urban living to Dubai with style and luxury, and is also a vital part of New Dubai. The wide variety of projects in this development is exclusive and unique, and inclusive of the ones that suit all scales, be it the high-rises or low-rises, highly priced or affordable. With the entire development being encased by a massive artificial lake, Downtown renders city life and tranquility in one place.
The key features of Downtown include a wide range of amenities available in and around the development, apart from the eye'catching view of the world's tallest building. This includes the Dubai Mall, which is one of the largest shopping malls in the world, which offers all the shopping, dining and entertainment that you would ever wish for. The residential properties are offered with a choice of amenities such as gyms, swimming pools, sauna and spas, and other entertainment centers that are scattered across the development. Downtown also houses several hotels, such as the Burj Dubai Armani hotel, and other cafes and restaurants that line the streets outside to offer wonderful views of the surrounding buildings and landscaped gardens.
The Downtown Dubai is the ultimate piece of property for a city living with a difference.
The key features of Downtown include a wide range of amenities available in and around the development, apart from the eye'catching view of the world's tallest building. This includes the Dubai Mall, which is one of the largest shopping malls in the world, which offers all the shopping, dining and entertainment that you would ever wish for. The residential properties are offered with a choice of amenities such as gyms, swimming pools, sauna and spas, and other entertainment centers that are scattered across the development. Downtown also houses several hotels, such as the Burj Dubai Armani hotel, and other cafes and restaurants that line the streets outside to offer wonderful views of the surrounding buildings and landscaped gardens.
The development includes studio, one, two, three and four bedroom apartments, penthouses, villas, townhomes and commercial space, all available within the surroundings that project an elegant urban lifestyle with the calmness of lake and scenic gardens.
The Downtown Dubai is the ultimate piece of property for a city living with a difference.
Labels: Apartments, Burj Dubai, Commercial Property, Downtown, New-Dubai, Townhouses
Emaar's Claren Residential Tower to be launched on 9th September
Thursday, September 06, 2007
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Emaar has recently announced the launch its Claren residential towers on 9th September'07 in Burj Dubai.
Located directly across the 29 Burj Dubai Boulevard, Claren features two well-designed mid-rise towers and boulevard apartments that offer to its residents spacious living with better privacy. It features a wide range of podium amenities and is easily accessible to Burj Dubai.
Various financial institutions are competing to offer easy finance options to own a home at Claren, which comprises studios, one, two and three bedroom apartments.
Claren's close proximity to the Downtown Burj Dubai, and other business and financial hubs of Dubai, makes it an ideal location for professionals to stay updated with the happenings in and around the city. Various other entertainment and retail options add to the attractions of Claren. Residents will also have an easy access to The Dubai Mall, the largest entertainment and shopping destinations in the world.
The Downtown Burj Dubai development by Emaar, worth US$20 billion, has most of its components in the development completed and delivered, including the residential and hospitality projects. The hi-tech superior homes, retail outlets and commercial offices and other leisure projects, located amidst landscaped gardens in the development, are marking the foray of a new downtown culture for Dubai.
Located directly across the 29 Burj Dubai Boulevard, Claren features two well-designed mid-rise towers and boulevard apartments that offer to its residents spacious living with better privacy. It features a wide range of podium amenities and is easily accessible to Burj Dubai.Various financial institutions are competing to offer easy finance options to own a home at Claren, which comprises studios, one, two and three bedroom apartments.
Claren's close proximity to the Downtown Burj Dubai, and other business and financial hubs of Dubai, makes it an ideal location for professionals to stay updated with the happenings in and around the city. Various other entertainment and retail options add to the attractions of Claren. Residents will also have an easy access to The Dubai Mall, the largest entertainment and shopping destinations in the world.
The Podium amenities in Claren includes a swimming pool, office spaces, children's pool and landscaped pool deck, gymnasium, children play area, multipurpose rooms, basement level parking, shaded car drop-off at entrance level.The apartments are specially designed to optimize natural light, with the buildings spaced sufficiently to sustain privacy, which is often not found in most high-rise buildings. The buildings will have high-speed internet, telephone service and wide range of IT options.
The Downtown Burj Dubai development by Emaar, worth US$20 billion, has most of its components in the development completed and delivered, including the residential and hospitality projects. The hi-tech superior homes, retail outlets and commercial offices and other leisure projects, located amidst landscaped gardens in the development, are marking the foray of a new downtown culture for Dubai.
Labels: Apartments, Burj Dubai, Emmar, Investment Property, Luxury Homes, New Developments, Real Estate Projects, Residential
Emaar to launch new residential units at Burj Dubai Boulevard
Saturday, August 25, 2007
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Leading property developer, Emaar Properties, has announced plans to launch the second tower, a part of 29, Burj Dubai Boulevard, which is an architectural marvel, that has been designed by Frank Williams and Partners, the New-York based Architects.
The launch has been planned for 25th August, 2007. Emaar will simultaneously launch the sale of its Boulevard Apartments, situated in podium of 29, Burj Dubai Boulevard.
The Sales Director, Emaar Properties, Saif Al Mansoori, said "Apart from its ideal location on Burj Dubai Boulevard, the hub of entertainment and leisure activity, the elegant design, makes it an unique attraction to the residential offering in Dubai. The Tower 2 and the Boulevard Apartments on the podium are unique and different from each other in their architectural brilliance."
Burj Dubai Boulevard comprises studios, one, two and three bedroom apartments. Easy finance for purchase of homes is being offered by various financial institutions.
The homes have a wide range of modern amenities and world-class fittings and finishes. The development features separate, spacious lobby entrances for both residential towers, in addition to other amenities such as gymnasium, pool deck, basement parking, swimming pool, communal area, children's wading pool, and multi-purpose rooms.
The launch has been planned for 25th August, 2007. Emaar will simultaneously launch the sale of its Boulevard Apartments, situated in podium of 29, Burj Dubai Boulevard.
The Sales Director, Emaar Properties, Saif Al Mansoori, said "Apart from its ideal location on Burj Dubai Boulevard, the hub of entertainment and leisure activity, the elegant design, makes it an unique attraction to the residential offering in Dubai. The Tower 2 and the Boulevard Apartments on the podium are unique and different from each other in their architectural brilliance."
Burj Dubai Boulevard comprises studios, one, two and three bedroom apartments. Easy finance for purchase of homes is being offered by various financial institutions.
The homes have a wide range of modern amenities and world-class fittings and finishes. The development features separate, spacious lobby entrances for both residential towers, in addition to other amenities such as gymnasium, pool deck, basement parking, swimming pool, communal area, children's wading pool, and multi-purpose rooms.
Labels: Apartments, Burj Dubai, Emmar, Luxury Homes, Residential
Armani Hotels to be launched in Burj Dubai
Tuesday, August 21, 2007
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The Armani Hotels and Resorts and Armani Residences, are a joint venture between Giorgio Armani, an Italian fashion designer and Emaar Properties. It is scheduled to launch its first property in Burj Dubai during 2009.
During the time of entering into the venture in 2005, Emaar had agreed for an investment of $1billion for development of ten Armani luxury hotels and resorts in major global cities. Under the terms of the agreement, Giorgio Armani S.p.A. is awarding a long term license to Emaar Hotel & Resorts LLC for the operation of a collection of luxury hotels and resorts, whereby Emaar will be fully responsible for real estate, construction, management and operations, with Giorgio Armani overseeing all aspects of content, design and style, including interiors and amenities, incorporating the various Armani fashion, beauty collections and furnishings.
The next Armani hotel has been planned in Milan, which will be followed by Marrakesh and New York.
Mohammad Al Abbar, the Emaar Chairman, said The Emaar Hotels and Resorts are in the process of undertaking several prestigious developments across the region to take advantage of the booming tourism sector.
The company has announced that Dardenne, who is currently the CEO of Emaar Hospitality Group, will guide the development of luxury projects in major cities and other emerging markets.
During the time of entering into the venture in 2005, Emaar had agreed for an investment of $1billion for development of ten Armani luxury hotels and resorts in major global cities. Under the terms of the agreement, Giorgio Armani S.p.A. is awarding a long term license to Emaar Hotel & Resorts LLC for the operation of a collection of luxury hotels and resorts, whereby Emaar will be fully responsible for real estate, construction, management and operations, with Giorgio Armani overseeing all aspects of content, design and style, including interiors and amenities, incorporating the various Armani fashion, beauty collections and furnishings.
The next Armani hotel has been planned in Milan, which will be followed by Marrakesh and New York.
Mohammad Al Abbar, the Emaar Chairman, said The Emaar Hotels and Resorts are in the process of undertaking several prestigious developments across the region to take advantage of the booming tourism sector.
The company has announced that Dardenne, who is currently the CEO of Emaar Hospitality Group, will guide the development of luxury projects in major cities and other emerging markets.
Labels: Burj Dubai, Emmar, New Hotels
Al Burj may not be taller than Burj Dubai
Sunday, July 29, 2007
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Nakheel, the developer of Al Burj skyscraper has pointed out that Al Burj may not be taller than Burj Dubai.
The Nakheel CEO, Chirs O'Donnell is said to have stated that "height isn't everything" and that iconic buildings is what matters.
Burj Dubai, built by Emaar, is at present the tallest building in the world. Earlier, there were rumours that Al Burj could end up with 1200 meters in height and would therefore be the world's tallest tower.
Al Burj, earlier known as Pinnacle, was conceived as the focal point of Palm Jumeirah. It was later moved to the Dubai Waterfront and was re-named as Al Burj, and was subjected to major overhauling.
Al Burj the super-tall skyscraper escalates towards the sky, forming a centerpiece that represents the magnitude, vision and ambition of the development. The iconic tower features mesmerizing views of the harbour from the luxury duplex apartments.
Labels: Al Burj, Burj Dubai, Latest News, Nakheel
Prices of commercial and residential space in Burj Dubai to soar high
Thursday, July 26, 2007
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The prices of residential and commercial space in the world's tallest tower, Burj Dubai, are touching new heights, with current rates estimated between Dh.4000 to Dh.8000.
The Chief Executive of Coldwell Banker, Hisham El Far said "The residential space in the tower is being sold for Dh.4000 to Dh.6000 per square foot, while the commercial space is being sold for Dh.5000 to Dh.8000 per square foot. The prices have gone up by nearly 25 percent during the last few months, and are sure to increase further, with Burj reaching greater heights."
The company has entered into two deals worth Dh.45 million, and is being approached by many investors looking to invest in Burj Dubai.
El Far mentioned that it is difficult to disclose an average rate, as the prices are yet to be finalized and they tend to increase with the increase in the number of floors.
However, El Far is of the opinion that leasing the property would prove beneficial to the developer, than selling it, as there are chances of better returns from the property over the years.
Meanwhile, Emaar Properties, in their statement, said that the prices of apartments would vary depending on the level in which the apartment is based, and its finishes. They mentioned that so far, the investor responses to their homes are strong, and that they are in the process of streamlining further sale queries to accommodate this.
However, according to Dubai Land Department, there is not yet a single deal in Burj Dubai that has been registered with them. The Department mentioned that they undertake registration deals only when the building is completely finished, and that, currently all deals are only internally registered with the developer, Emaar Properties.
But, the department plans to tie-up with the company to implement the primary registration system, and the company will then have to register their sales when agreements between the parties are being done.
The Chief Executive of Coldwell Banker, Hisham El Far said "The residential space in the tower is being sold for Dh.4000 to Dh.6000 per square foot, while the commercial space is being sold for Dh.5000 to Dh.8000 per square foot. The prices have gone up by nearly 25 percent during the last few months, and are sure to increase further, with Burj reaching greater heights."
The company has entered into two deals worth Dh.45 million, and is being approached by many investors looking to invest in Burj Dubai.
El Far mentioned that it is difficult to disclose an average rate, as the prices are yet to be finalized and they tend to increase with the increase in the number of floors.
However, El Far is of the opinion that leasing the property would prove beneficial to the developer, than selling it, as there are chances of better returns from the property over the years.
Meanwhile, Emaar Properties, in their statement, said that the prices of apartments would vary depending on the level in which the apartment is based, and its finishes. They mentioned that so far, the investor responses to their homes are strong, and that they are in the process of streamlining further sale queries to accommodate this.
However, according to Dubai Land Department, there is not yet a single deal in Burj Dubai that has been registered with them. The Department mentioned that they undertake registration deals only when the building is completely finished, and that, currently all deals are only internally registered with the developer, Emaar Properties.
But, the department plans to tie-up with the company to implement the primary registration system, and the company will then have to register their sales when agreements between the parties are being done.
Labels: Burj Dubai, Dubai Real Estate, Latest News, Property Prices
Burj Dubai stands highest in the world
Tuesday, July 24, 2007
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Burj Dubai stands high as the tallest tower in the world at 512.1 meters, announced Emaar Properties on Saturday, the 21st July.
The Skyscraper with 141 storeys, has overtaken the Taiwan's 509m Taipei 101. The Burj also overtook the next highest, the Petronas Towers of Malaysia standing at 452m.
The tower forms a part of the Dh.73billion Downtown Dubai Complex, located off Sheikh Zayed Road, which is due to be completed during the year 2009.
However, Burj Dubai, will not be officially recognized as the tallest tower, until it is occupied. This condition is imposed by the Council for Tall Buildings and Urban Habitat, the organization that ranks the highest structures in the world.
On its completion during 2008, Burj Dubai, will also be the tallest tower in the world on the basis of all four criteria, listed by the Council on Tall Buildings and Urban Habitat.
The council measures the height until the top of the structure, the height upto the highest occupied floor, the height until the roof, and till the tip of the antenna, flag pole or the mast.
Burj Dubai took just 1276 days to be known as the tallest building in the world.
During the process of construction, Burj Dubai overtook the skyscrapers that were previously known as the tallest architecture around the world, such as the Empire State Building in New York with 381 m, the Jin Mao Building at Shanghai with 421m, the Sears Tower of Chicago (442 meters), and the Petronas Towers of Malaysia (452 meters).
The Chairman of Emaar Properties Mohamed Ali Alabbar, said "Four years ago, Burj Dubai was conceived as a ninety storey structure. But, with the inspiration from the UAE Vice President and Prime Minister and Ruler of Dubai, High Highness Shaikh Mohammed Bin Rashid Al Maktoum, to construct a global icon, we went ahead with further works on Burj Dubai."
He said "Burj Dubai is not only an architectural and engineering masterpiece in concrete, steel and glass. It is a human achievement that cannot be equaled. Burj Dubai will surely inspire the future generations to think and look beyond the ordinary and to challenge their mind and spirit."
The Council plans to hold its eighth world congress in Dubai next year, and will use Burj Dubai as a case study to point out to what extent the modern-day structures are pushing boundaries.
The Skyscraper with 141 storeys, has overtaken the Taiwan's 509m Taipei 101. The Burj also overtook the next highest, the Petronas Towers of Malaysia standing at 452m.
The tower forms a part of the Dh.73billion Downtown Dubai Complex, located off Sheikh Zayed Road, which is due to be completed during the year 2009.
However, Burj Dubai, will not be officially recognized as the tallest tower, until it is occupied. This condition is imposed by the Council for Tall Buildings and Urban Habitat, the organization that ranks the highest structures in the world.
On its completion during 2008, Burj Dubai, will also be the tallest tower in the world on the basis of all four criteria, listed by the Council on Tall Buildings and Urban Habitat.
The council measures the height until the top of the structure, the height upto the highest occupied floor, the height until the roof, and till the tip of the antenna, flag pole or the mast.
Burj Dubai took just 1276 days to be known as the tallest building in the world.
During the process of construction, Burj Dubai overtook the skyscrapers that were previously known as the tallest architecture around the world, such as the Empire State Building in New York with 381 m, the Jin Mao Building at Shanghai with 421m, the Sears Tower of Chicago (442 meters), and the Petronas Towers of Malaysia (452 meters).
The Chairman of Emaar Properties Mohamed Ali Alabbar, said "Four years ago, Burj Dubai was conceived as a ninety storey structure. But, with the inspiration from the UAE Vice President and Prime Minister and Ruler of Dubai, High Highness Shaikh Mohammed Bin Rashid Al Maktoum, to construct a global icon, we went ahead with further works on Burj Dubai."
He said "Burj Dubai is not only an architectural and engineering masterpiece in concrete, steel and glass. It is a human achievement that cannot be equaled. Burj Dubai will surely inspire the future generations to think and look beyond the ordinary and to challenge their mind and spirit."
The Council plans to hold its eighth world congress in Dubai next year, and will use Burj Dubai as a case study to point out to what extent the modern-day structures are pushing boundaries.
Labels: Burj Dubai, Dubai Real Estate, Emmar, Latest News
Burj Dubai become tallest tower in the world by 21st of July 2007
Thursday, July 19, 2007
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This Saturday will make The Burj Dubai, the tallest tower in the world. The huge structure will overtake Taipei 101 in Taiwan, which is the current record holder of being the tallest tower in the world.
This announcement was made during a talk with the Dubai Civil Defence officials regarding the safety measure being adopted at the construction site.
Under the new safety guidelines, each project and development in Dubai will have its own fire station, operated by the Civil Defence officials.
The Director of Dubai Civil Defence Department, Brigadier Rashid Thani Al Matrooshi, after visiting the site, mentioned that most major builders including Emaar, Nakheel and Dubai Holding have agreed to set up fire stations, which will help in reducing damage considerably.
"Most of emergency and safety techniques is in black and white. We are completely satisfied with what we have done," said Brig. Al Matrooshi. Even during the construction, the structure had a comprehensive safety system, with an emergency staircase suspended from top of the building, and a siren.
The Safety Manager for Burj Dubai, Mohammad Moizuddin, said that in most structures, the safety system is built after construction. But we did it during the construction process itself, just as a precautionary measure.
The system is supported by two water reserve tanks on the ground floor and the seventy third floor with 10,000 gallon capacity each.
There are also three cranes on the top floor that operates with their own power and are not affected by any power failures caused by fires. The cranes have the capacity to evacuate the staff in the site using five emergency cages.
The Civil defence officials could also call helicopters to rescue cane drivers and in the event of a fire, the entire building could be evacuated in thirty two minutes.
This announcement was made during a talk with the Dubai Civil Defence officials regarding the safety measure being adopted at the construction site.
Under the new safety guidelines, each project and development in Dubai will have its own fire station, operated by the Civil Defence officials.
The Director of Dubai Civil Defence Department, Brigadier Rashid Thani Al Matrooshi, after visiting the site, mentioned that most major builders including Emaar, Nakheel and Dubai Holding have agreed to set up fire stations, which will help in reducing damage considerably.
"Most of emergency and safety techniques is in black and white. We are completely satisfied with what we have done," said Brig. Al Matrooshi. Even during the construction, the structure had a comprehensive safety system, with an emergency staircase suspended from top of the building, and a siren.
The Safety Manager for Burj Dubai, Mohammad Moizuddin, said that in most structures, the safety system is built after construction. But we did it during the construction process itself, just as a precautionary measure.
The system is supported by two water reserve tanks on the ground floor and the seventy third floor with 10,000 gallon capacity each.
There are also three cranes on the top floor that operates with their own power and are not affected by any power failures caused by fires. The cranes have the capacity to evacuate the staff in the site using five emergency cages.
The Civil defence officials could also call helicopters to rescue cane drivers and in the event of a fire, the entire building could be evacuated in thirty two minutes.
Labels: Burj Dubai, Latest News
Burj Dubai Completes 130 floors
Friday, June 01, 2007
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The Burj Dubai, expected to be the tallest tower in the world, yesterday completed its 130th floor.
The high tower, located in the Dh.73billion Downtown Dubai Complex, off Sheikh Zayed Road, is currently 468 meters tall, which is about 16 meters higher than the Petronas Towers in Kuala Lumpur at Malaysia and just 40.9 meters shorter than the Taipei 101 Tower, which is currently the tallest building in the world, and stands are 509 meters.
On completion of construction of Burj Dubai during 2008, Burj Dubai will be the tallest building in the world, and will be recognized by the Council on Tall Buildings and Urban Habitat (CTBUH), which ranks the tallest buildings in the world.
The Executive Director of CTBUH, Antony Wood, mentioned that he keeps getting proposals about the next tallest building in the world, though most of these remain in the conception stage.
He added that "We are basing our congress in Dubai next year and one key factor is the Burj Dubai will be more-or-less structurally topped out by then."
However, wood mentioned that for the Burj Dubai to gain recognition as the tallest tower in the world, it should be topped out structurally, should be able to reach its structural height, all cladding should be one and more than anything, it will have to be inhabited.
The 130 floors were completed in 1226 days ever since the excavation work began during January 2004. Ten cranes and the quickest high-capacity construction hoists in the world, that has a speed of 2m/sec are required to move men and materials.
The chairman of Emaar Properties ( the company behind the tower), Mohammed Ali Alabbar, said that Burj Dubai is almost reaching the top, and the construction work has gained a new shape in the field of engineering technology, as it is equivalent to none.
From now, every new level at Burj Dubai will be the terminating steps in building marvel that reiterates global capabilities. Burj Dubai is expected to remain a mixed use tower with residences, hotel, offices and retail spaces.
The high tower, located in the Dh.73billion Downtown Dubai Complex, off Sheikh Zayed Road, is currently 468 meters tall, which is about 16 meters higher than the Petronas Towers in Kuala Lumpur at Malaysia and just 40.9 meters shorter than the Taipei 101 Tower, which is currently the tallest building in the world, and stands are 509 meters.
On completion of construction of Burj Dubai during 2008, Burj Dubai will be the tallest building in the world, and will be recognized by the Council on Tall Buildings and Urban Habitat (CTBUH), which ranks the tallest buildings in the world.
The Executive Director of CTBUH, Antony Wood, mentioned that he keeps getting proposals about the next tallest building in the world, though most of these remain in the conception stage.
He added that "We are basing our congress in Dubai next year and one key factor is the Burj Dubai will be more-or-less structurally topped out by then."
However, wood mentioned that for the Burj Dubai to gain recognition as the tallest tower in the world, it should be topped out structurally, should be able to reach its structural height, all cladding should be one and more than anything, it will have to be inhabited.
The 130 floors were completed in 1226 days ever since the excavation work began during January 2004. Ten cranes and the quickest high-capacity construction hoists in the world, that has a speed of 2m/sec are required to move men and materials.
The chairman of Emaar Properties ( the company behind the tower), Mohammed Ali Alabbar, said that Burj Dubai is almost reaching the top, and the construction work has gained a new shape in the field of engineering technology, as it is equivalent to none.
From now, every new level at Burj Dubai will be the terminating steps in building marvel that reiterates global capabilities. Burj Dubai is expected to remain a mixed use tower with residences, hotel, offices and retail spaces.
Labels: Burj Dubai, Emmar
Dubai skyline expected to have six 'super-towers'
Monday, May 28, 2007
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Dubai skyline is expected to have atleast six "super-towers" with more than hundred habitable floors, which is much more than any other city in the world.
The six super towers include the Burj Al Alam (expected to have 108 floors), Burj Dubai (continuing beyond 126 floors), Pantominium (120 storeys), Al Burj (180 to 200 floors), the Princess Tower (107 floors) and Marina 101 (with 101 floors).
These towers are in various stages of construction and Burj Dubai, expected to be the tallest tower in the world, is continuing progress adding a floor a week, and three others are in early stages of construction. The work of Al Burj, is likely to begin only on completion of the Burj Dubai tower.
On the whole, Dubai will continue to shine as the only city to have six super towers, which will boost the image of Dubai as one among the world's mega-cities, not only in terms of height, but also in design quality, aesthetics and beauty.
Dancing Towers, Dubai Towers and Burj Al Arab, is likely to be remembered for their towering heights and is likely to be well-known among tourists for their aesthetic appeal.
Dubai is considered to have the maximum number of skyscrapers and towers under construction, in terms of development, taking into consideration hundreds in Shaikh Zayed Road, and more than 1850 at the Dubai World Central Airport City.
By 2015, Dubai will rise to the position of being the only city to have "six super-towers" to its credit, making it the only city to possess so many towers of more than hundred storey on completion.
The six super towers include the Burj Al Alam (expected to have 108 floors), Burj Dubai (continuing beyond 126 floors), Pantominium (120 storeys), Al Burj (180 to 200 floors), the Princess Tower (107 floors) and Marina 101 (with 101 floors).
These towers are in various stages of construction and Burj Dubai, expected to be the tallest tower in the world, is continuing progress adding a floor a week, and three others are in early stages of construction. The work of Al Burj, is likely to begin only on completion of the Burj Dubai tower.
On the whole, Dubai will continue to shine as the only city to have six super towers, which will boost the image of Dubai as one among the world's mega-cities, not only in terms of height, but also in design quality, aesthetics and beauty.
Dancing Towers, Dubai Towers and Burj Al Arab, is likely to be remembered for their towering heights and is likely to be well-known among tourists for their aesthetic appeal.
Dubai is considered to have the maximum number of skyscrapers and towers under construction, in terms of development, taking into consideration hundreds in Shaikh Zayed Road, and more than 1850 at the Dubai World Central Airport City.
By 2015, Dubai will rise to the position of being the only city to have "six super-towers" to its credit, making it the only city to possess so many towers of more than hundred storey on completion.
Labels: Al Burj, Burj Al Alam, Burj Dubai, New Developments, Real Estate News
Burj Dubai progressing on schedule
Saturday, May 19, 2007
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The Dh.73billion Burj Dubai, is making good progress to becoming the tallest tower in the world, and the final touches of installing curtain wall glass panels are now being carried out on the super-tower developed by Emaar Properties.
Burj Dubai currently has 125 floors and is one among the five tallest constructions in the world. The initial batch of cladding which includes 25 panels, have been specially fabricated with state-of-the-art engineering techniques. The curtain wall, made of high-performance material will add to the unique appearance of the building, and will protect the interiors of the building from external noise, moisture, wind and heat.
The installation floors are first being loaded with the cladding panels and will be moved to position by use of small cranes, and then the glass sheets will be hung using monorail series every 30 to 40 storeys. As for cleaning the cladding, an advanced system for window washing and frontage maintenance, twelve permanently installed telescopic building maintenance machines will be used for cleaning the cladding.
The Assistant Director (projects) of Emaar Properties, Greg Sang, mentioned that the Burj Dubai structure is progressing on schedule, and now that the installation of curtain walls have begun, the finishing works will continue at a fast pace. Also on keeping the tower’s façade in place, the graceful shape which was visualized in the architectural design will soon become a reality, he added.
Burj Dubai currently has 125 floors and is one among the five tallest constructions in the world. The initial batch of cladding which includes 25 panels, have been specially fabricated with state-of-the-art engineering techniques. The curtain wall, made of high-performance material will add to the unique appearance of the building, and will protect the interiors of the building from external noise, moisture, wind and heat.
The installation floors are first being loaded with the cladding panels and will be moved to position by use of small cranes, and then the glass sheets will be hung using monorail series every 30 to 40 storeys. As for cleaning the cladding, an advanced system for window washing and frontage maintenance, twelve permanently installed telescopic building maintenance machines will be used for cleaning the cladding.
The Assistant Director (projects) of Emaar Properties, Greg Sang, mentioned that the Burj Dubai structure is progressing on schedule, and now that the installation of curtain walls have begun, the finishing works will continue at a fast pace. Also on keeping the tower’s façade in place, the graceful shape which was visualized in the architectural design will soon become a reality, he added.
Labels: Burj Dubai, Business Tower, Emmar
Growth in Dubai Mortgage Market help buyers
Saturday, April 07, 2007
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UAE is seeing a surge in its mortgage market, with more players offering a diversity of mortgage-related offerings. This is a good thing for the country and the people who live here. According to one leading mortgage provider in the region, total mortgage loans in the UAE are set to reach Dh20 billion by the end of this year. The market could hit Dh100 billion by the end of the decade – almost a ten-fold increase since 2004.
The UAE’s growing mortgage market is reflected in the number of home-loan providers setting up operations here. Until recently, there were only a handful of mortgage companies in the country, and the sector was dominated by local banks. Today, international financial institutions are lining up to take advantage of the lucrative business opportunities available in the region.
More competition, in turn, will lead to more attractive loan packages for buyers, which will fuel more interest among prospective homeowners, which will increase competition further, and so on. It is the best possible cycle and promises to provide an added boost to the local economy.
The reason for this is simple: An increase in mortgage availability will necessarily open up the housing market to more buyers, which will increase construction, encourage foreign direct investment, stimulate the banking sector and have a knock-on effect across many other areas.
Equally importantly, though, making home ownership more widely available will promote stability and establish ties between a country and its residents that go beyond the financial. The fact that more people are taking out mortgages signals an increase in public trust in the country’s economy and its institutions. It also suggests that people are here for the long haul. And it’s not only Dubai where this dynamic is unfolding – other emirates too are seeing a rise in the mortgage market.
As rents continue to rise and mortgage payments become more attractive, the current upward trend is sure to continue. This is good news in ways that go beyond economic considerations. No longer will owning a home be the privilege of the wealthy. No longer will people living on lower incomes be consigned to a lifetime of paying rent.
[Source : Emirates Today]
UAE is seeing a surge in its mortgage market, with more players offering a diversity of mortgage-related offerings. This is a good thing for the country and the people who live here. According to one leading mortgage provider in the region, total mortgage loans in the UAE are set to reach Dh20 billion by the end of this year. The market could hit Dh100 billion by the end of the decade – almost a ten-fold increase since 2004.The UAE’s growing mortgage market is reflected in the number of home-loan providers setting up operations here. Until recently, there were only a handful of mortgage companies in the country, and the sector was dominated by local banks. Today, international financial institutions are lining up to take advantage of the lucrative business opportunities available in the region.
More competition, in turn, will lead to more attractive loan packages for buyers, which will fuel more interest among prospective homeowners, which will increase competition further, and so on. It is the best possible cycle and promises to provide an added boost to the local economy.
The reason for this is simple: An increase in mortgage availability will necessarily open up the housing market to more buyers, which will increase construction, encourage foreign direct investment, stimulate the banking sector and have a knock-on effect across many other areas.
Equally importantly, though, making home ownership more widely available will promote stability and establish ties between a country and its residents that go beyond the financial. The fact that more people are taking out mortgages signals an increase in public trust in the country’s economy and its institutions. It also suggests that people are here for the long haul. And it’s not only Dubai where this dynamic is unfolding – other emirates too are seeing a rise in the mortgage market.
As rents continue to rise and mortgage payments become more attractive, the current upward trend is sure to continue. This is good news in ways that go beyond economic considerations. No longer will owning a home be the privilege of the wealthy. No longer will people living on lower incomes be consigned to a lifetime of paying rent.
[Source : Emirates Today]
Labels: Burj Dubai, Mortgages
Burj Dubai construction suffer delay
Sunday, February 04, 2007
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The construction of 900 million Burj Dubai, the world’s tallest building is behind schedule by a couple of months in comparison to the scheduled work timetable, as admitted by the officials.
The reason behind this hitch is mainly due to the bankruptcy faced by Schmidlin, the Swiss-based curtain walling giant, which was contracted for installation of exterior-cladding on the concrete tower.
Greg Sang, the Assistant Director of Projects, Emaar group, stated that they encountered problems with their Partners regarding the curtain wall cladding, which in turn left its impact on the site. He added that a new contractor is now working on the project, and is showing good progress.
However, Sang denied comments that the completion of construction would take a year later than its scheduled date i.e., the last quarter of 2008. He confirmed that though there could probably be a couple of months delay, the final completion date is still scheduled for end of 2008.
The exterior cladding of Burj Dubai will not only protect the tower from scorching temperature and dust levels, but also needs to withstand strong winds. The final floor count of the mega project is yet to be revealed, as there are rumors that the height of the building has been altered due to changes in design. Sang said that though the final floor count has been decided it is maintained confidential, though it is sure to exceed 160 floors on completion.
The reason behind this hitch is mainly due to the bankruptcy faced by Schmidlin, the Swiss-based curtain walling giant, which was contracted for installation of exterior-cladding on the concrete tower.
Greg Sang, the Assistant Director of Projects, Emaar group, stated that they encountered problems with their Partners regarding the curtain wall cladding, which in turn left its impact on the site. He added that a new contractor is now working on the project, and is showing good progress.
However, Sang denied comments that the completion of construction would take a year later than its scheduled date i.e., the last quarter of 2008. He confirmed that though there could probably be a couple of months delay, the final completion date is still scheduled for end of 2008.
The exterior cladding of Burj Dubai will not only protect the tower from scorching temperature and dust levels, but also needs to withstand strong winds. The final floor count of the mega project is yet to be revealed, as there are rumors that the height of the building has been altered due to changes in design. Sang said that though the final floor count has been decided it is maintained confidential, though it is sure to exceed 160 floors on completion.
Labels: Burj Dubai
Burj Dubai, the World’s tallest tower, now comprises of hundred floors
Wednesday, January 17, 2007
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The World’s tallest tower, Burj Dubai, attained hundred floors, thereby being the sixth to touch the milestone scaling of 347.3 meters. Burj Dubai, is also one among the thirty eight structures of the world with a height of more than three hundred meters. Burj Dubai, is now higher than the other three constructions in the region – the Emirates Towers Hotel (309 mts), Burj Al Arab (321 meters) and Saudi Arabia (302 meters)
The other structures in the world to cross hundred storeys are John Hancock Center, Chicago (100), Taipei 101 (101), Seas Tower in Chicago (110 floors), Empire State Building in New York (102) and Ryugyong Hotel in North Korea (105).
The other structures in the world to cross hundred storeys are John Hancock Center, Chicago (100), Taipei 101 (101), Seas Tower in Chicago (110 floors), Empire State Building in New York (102) and Ryugyong Hotel in North Korea (105).
Labels: Burj Dubai
Burj Al Arabi Project yet to be approved
Friday, January 12, 2007
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The design of the human-shaped tower “Burj Al Arabi” which is 140 mts. in length, comprising 35 storey is in trouble, as the project is still unapproved according to the master developer Limitless, the global incorporated real estate development branch of Dubai world. The developer, AAA Group in Jumeirah Village, had earlier announced that the project was approved.
The master developer has mentioned in an e-mailed statement, that as per contract, the AAA group should compulsorily receive approval for the design from Limitless to ensure that it abides with the development code and the rules and regulations for the buildings meant for Jumeirah Village Master Plan. The statement added that the design announced is neither submitted to nor approved by Limitless.
The tower is part of the Jumeirah Village and is likely to be completed by 2009.
The master developer has mentioned in an e-mailed statement, that as per contract, the AAA group should compulsorily receive approval for the design from Limitless to ensure that it abides with the development code and the rules and regulations for the buildings meant for Jumeirah Village Master Plan. The statement added that the design announced is neither submitted to nor approved by Limitless.
The tower is part of the Jumeirah Village and is likely to be completed by 2009.
Labels: Burj Dubai
