Hydropolis, the world’s first underwater hotel. Entirely built in Germany and then assembled in Dubai , it is scheduled to be completed by 2009 after many delays
The Burj al-Arab hotel in Dubai
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Map of Dubai Water Front
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Dubai Waterfront is a stunning new development comprised of canals and islands containing luxury hotels and homes. Its 70 kilometer (42 miles) Arabian Canal runs through the desert, while its arc shaped man-made islands produce a shelter around the Palm Jebel Ali. The harbour provides sea access for trade and entertainment, while its surroundings are divided into a series of commercial, residential, resort and amenity areas.
Dubai Waterfront will extend Dubai coastal line by 820 kilometers (492 miles), which is 12 times the current length of Dubai's coastline, and will cover an area of over 81 million squared meters (266 million squared feet). It is intended to be the world's largest beachfront development and the largest man-made development. It will be larger than Manhattan or Beirut and is being built to be Dubai's premium luxury district. The development will feature over 100 different waterfront developments and over 150 planned communities.
Dubai Waterfront will extend Dubai coastal line by 820 kilometers (492 miles), which is 12 times the current length of Dubai's coastline, and will cover an area of over 81 million squared meters (266 million squared feet). It is intended to be the world's largest beachfront development and the largest man-made development. It will be larger than Manhattan or Beirut and is being built to be Dubai's premium luxury district. The development will feature over 100 different waterfront developments and over 150 planned communities.
Dubai Real Estate
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Faridah Zayla
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The Dubai property market has seen a lot of changes recently, and not all positive, so what better time to give you an update of all the goings on in the Dubai real estate market. The Dubai property market has always been quick to change and that has certainly been the case recently, especially now with the world economic problems finally coming to bear in Dubai. But whilst prices are on the way down, building work on developments is for the most part continuing as per schedule, although recently there have been a few noticeable and high profile projects to start to feel the effect of the market down turn. Nakheel has lately been making headlines by ‘slowing down’ the rate of development and building work in some of its flagship projects, but its not all doom and gloom. So lets start with the building which has already obtained a cult internet following, the Burj Dubai!
Whilst cladding work was stopped on the world’s tallest building at the end of November, it has just as quickly recommenced, and the steel level has continued to soar. The Tower now stands at just under 740 meters and still looks to have some way to go before it stops its assault up into the sky! And developer Emaar has announced a new hand over date to those lucky enough to own a property here! Whist original handover was scheduled for mid 2009; owners have now been told the 20th of December will be the date. An early Christmas present if that is that case, but as is the nature of these things, it is more of a general guide, I wouldn’t hold your breath for that to be the exact date.
Nakheel have been making the headlines quite a lot of lately for real estate in Dubai, for both good and bad reasons. The good reasons definitely include the announcement of a new super tower, set to dwarf even the Burj Dubai! Nakheel believe the ground breaking and record breaking nature of the tower should make it interesting even in hard economic times, and with an anticipated completion time of around a decade, they make a fair point of saying the world economy will be a very different place by the time it reaches completion. With an ever changing name, currently Nakheel Tower, not a huge amount is known of the project. However what we do know is that it will be over 1000 meters, be over 200 floors, and include around 150 lifts. The mixed use tower is especially clever, as it is in fact 4 towers connected together, which will allow for air to pass through the towers, thus enabling it to reach such a height! This is certainly one impressive piece of freehold real estate that will certainly bring a lot of attention to Dubai.
However recently Nakheel has been attracting the wrong kind of attention with its announcement of it’s intent to lay off 500 workers. This follows hot on the heals of the news that work on the Palm Jebel Ali, The Dubai Waterfront and the Palm Deria are to be ‘slowed’, as is work on the Trump Tower at the Palm Jumeirah. Nakheel believes slowing the rate of building on these long dated projects will allow for it to effectively combat the present economic problems, and will allow for the more intensive work to be carried out at a time when there is less of a liquidity problem.
Dubai Sports City, located in the vast Dubailand, continues to progress. Infrastructure here is well underway, and with the inauguration of the Els golf club already having taken place earlier this year, things are looking positive for the world’s first integrated sports city. With the fifth and final building release at Canal Residence West, the Mediterranean styled development is now all up for grabs, and if the final building at the project proves as popular as the other four, then apartments here won’t hang around for long, whatever the financial environment. Sports City has certainly been a resounding success, and has rarely been out of the news.
There is a lot going on here and with stars from a wide variety of sports recently giving the project the thumbs up, it looks to remain one of Dubai properties most sought after areas. A number of buildings are already well underway here, so it should not be too long before the freehold property here starts to take shape. Nothing on the scale of Dubai Sports City has ever been attempted before but the combination of property, sports academies and golf courses really seems to have hit the spot with buyers.
So that is most of the current goings on in the Dubai freehold property market. So whilst things are not as bright as they once were, life in the property world still goes on. With things changing so quickly here, we will be sure to update you again in a month or two.
Whilst cladding work was stopped on the world’s tallest building at the end of November, it has just as quickly recommenced, and the steel level has continued to soar. The Tower now stands at just under 740 meters and still looks to have some way to go before it stops its assault up into the sky! And developer Emaar has announced a new hand over date to those lucky enough to own a property here! Whist original handover was scheduled for mid 2009; owners have now been told the 20th of December will be the date. An early Christmas present if that is that case, but as is the nature of these things, it is more of a general guide, I wouldn’t hold your breath for that to be the exact date.
Nakheel have been making the headlines quite a lot of lately for real estate in Dubai, for both good and bad reasons. The good reasons definitely include the announcement of a new super tower, set to dwarf even the Burj Dubai! Nakheel believe the ground breaking and record breaking nature of the tower should make it interesting even in hard economic times, and with an anticipated completion time of around a decade, they make a fair point of saying the world economy will be a very different place by the time it reaches completion. With an ever changing name, currently Nakheel Tower, not a huge amount is known of the project. However what we do know is that it will be over 1000 meters, be over 200 floors, and include around 150 lifts. The mixed use tower is especially clever, as it is in fact 4 towers connected together, which will allow for air to pass through the towers, thus enabling it to reach such a height! This is certainly one impressive piece of freehold real estate that will certainly bring a lot of attention to Dubai.
However recently Nakheel has been attracting the wrong kind of attention with its announcement of it’s intent to lay off 500 workers. This follows hot on the heals of the news that work on the Palm Jebel Ali, The Dubai Waterfront and the Palm Deria are to be ‘slowed’, as is work on the Trump Tower at the Palm Jumeirah. Nakheel believes slowing the rate of building on these long dated projects will allow for it to effectively combat the present economic problems, and will allow for the more intensive work to be carried out at a time when there is less of a liquidity problem.
Dubai Sports City, located in the vast Dubailand, continues to progress. Infrastructure here is well underway, and with the inauguration of the Els golf club already having taken place earlier this year, things are looking positive for the world’s first integrated sports city. With the fifth and final building release at Canal Residence West, the Mediterranean styled development is now all up for grabs, and if the final building at the project proves as popular as the other four, then apartments here won’t hang around for long, whatever the financial environment. Sports City has certainly been a resounding success, and has rarely been out of the news.
There is a lot going on here and with stars from a wide variety of sports recently giving the project the thumbs up, it looks to remain one of Dubai properties most sought after areas. A number of buildings are already well underway here, so it should not be too long before the freehold property here starts to take shape. Nothing on the scale of Dubai Sports City has ever been attempted before but the combination of property, sports academies and golf courses really seems to have hit the spot with buyers.
So that is most of the current goings on in the Dubai freehold property market. So whilst things are not as bright as they once were, life in the property world still goes on. With things changing so quickly here, we will be sure to update you again in a month or two.
Dubai Property
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Faridah Zayla
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Imagine having a candlelit dinner in the shadows of a structure that replicates the wavering flames itself. Now hold that thought till 2011. Located in Dubai, UAE, the Dubai Towers are being built as a special spectacle for the night. These towers are four in number and are modeled to reflect the movement of candlelight. The Dubai Towers rise 400, 330, 310 and 240 meters above the ground level. They twist, turn, wave, taper and do every imaginable thing to stay true to their inspiration. Designed by Thompson, Ventulett, Stainback & Associates, these towers are being built on a development called The Lagoons, and will be ready in mid-2010. The towers will contain numerous apartments, spas, hotels, gyms, spas, and any other luxury establishment imaginable. All these will be located on the floors which vary from 57 to 94 in number as per the varying dimensions of the towers.
Modern Futuristic Rotating Tower in Dubai
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Fancy living in future world today? Head down to Dubai in few years time. Dubai, the new booming emerging country already seeing ambitious real-estate construction activities which built Burj Al Arab, world’s tallest freestanding hotel in the world, and going to see world’s tallest building and the world’s tallest freestanding structure on land in Burj Dubai and Al Burj, are preparing itself to build more innovative skyscrapers which has futuristic and ahead-of-times building designs and architecture.
Dubbed ‘Rotating Tower in Motion’ building based on ‘Dynamic Architecture‘ concept by Florentine architect David Fisher is first of its kind and trend-setting. Not only be the pioneer, the Dynamic Architecture building which will constantly in motion changing its shape with each floor capable of spin, move and rotate 360 degress independent of one another, will also be able to generate electric energy enough for itself as well as for other surrounding buildings from at least 48 wind turbines that fitted between each rotating floors as well as the solar panels positioned on the roof of the building that will produce pollution-free energy from wind and the sunlight. Any acoustics issues are solved by modern design of the building and the carbon fiber special shape of the wings. And the floor only rotates at the slow speed of about 6 meters a minutes, so that guests inside probably won’t feel it.
Dubbed ‘Rotating Tower in Motion’ building based on ‘Dynamic Architecture‘ concept by Florentine architect David Fisher is first of its kind and trend-setting. Not only be the pioneer, the Dynamic Architecture building which will constantly in motion changing its shape with each floor capable of spin, move and rotate 360 degress independent of one another, will also be able to generate electric energy enough for itself as well as for other surrounding buildings from at least 48 wind turbines that fitted between each rotating floors as well as the solar panels positioned on the roof of the building that will produce pollution-free energy from wind and the sunlight. Any acoustics issues are solved by modern design of the building and the carbon fiber special shape of the wings. And the floor only rotates at the slow speed of about 6 meters a minutes, so that guests inside probably won’t feel it.