Follow US
Burj Khalifa
Bollywood celebrity Shilpa Shetty is ‘on top of the world’ with her anniversary gift
The hot-bod gal was under the weather a day before her anniversary but hubby Raj Kundra gifted her something that must definitely have put all her sickness aside.
As per rumours, Shetty fell for the awesomeness of Burj Khalifa when she visited Dubai a few months back. Since then her husband kept in mind his wife’s love for the tower and planned for this surprise. The beautiful couple will reside on the 90th floor of the 160 storey sky-scraper.
Shanghai Tower to boast of the world’s highest hotel in 2014: J-Hotel
The Ritz Carlton, Hong Kong may just enjoy the title of the world’s highest hotel for a period of three years after it opens in 2011. The hotel will stand on the second position following the Shanghai Tower J-Hotel which is set to open its doors in 2014.
The hotel will be manged by Shanghai Interstate Hotels & Resorts and will occupy floors 84 through 110 of the tallest building in China: the Shanghai Tower. The super tall skyscraper will rise approxiamately 632 metres, 128 stories and 2,073 feet. The tower will be the third tallest building in the world surpassed by the Burj Khalifa, Dubai and Pingan International Finance Centre. Coming back to the hotel, the lobby will be located on the 101st floor and the record-breaking hotel will be comprising 258 guestrooms. It will be a part of the Jin Jiang International Hotel (Group) Co Ltd. The new Shanghai Tower J-Hotel is the centerpiece of the stunning Shanghai Tower being constructed in the hub of the central business district.
The signature of J-Hotel brand will be emulated throughout the luxury property from world class design appealing to the modern, discerning traveler to technology advancements which are unparallel worldwide. Another footprint of the Chinese “J” brand is a true sense of culture and authenticity reflected throughout the gracious interiors and embedded into its service. Interstate Hotels is owned by a joint venture between Thayer Lodging Group and Jin Jiang. In addition to the newest hotel announcement, Thayer and Jin Jiang have launched the formation of JT Realty Advisors, a China hotel and tourism sector investment fund, and have also initiated other hospitality initiatives in China.
World’s largest tower in Jeddah will rise high at the cost of $1.2 billion
When Saudi Arabia announced that they were going to build a tower twice size the height of Dubai’s Burj Khalifa, we all dropped our jaws. Billionaire Prince Alwaleed bin Talal is a man of taste and means business and has unveiled the first news on the progress of the plans by awarding Saudi Binladin Group a contract to build the new world’s tallest tower in Jeddah. It will be all of 1,000 metres and will cost Alwaleed’s investing company Kingdom Holding Co 4.6 billion riyals ($1.2 billion) to construct. It will be right at the centre of the Kingdom City, a 100 billion riyal development. The tower is designed by Adrian Smith & Gordon Gill Architecture.
Studio Flats In Burj Khalifa
Burj Khalifa, the world tallest building, located in Dubai, is now offering studio flats on rent, with a price tag of $38,000 or 140,000 dirhams a year. These studio flats start from one bedroom flats, that can be rented for 180,000 to 260,000 dirhams and two-bed apartments, available for 300,000 dirhams. Even being the world tallest building, renting a studio apartment in Burj Khalifa is considerably far less expensive than renting a luxury studio apartment in New York, where such a property would set you back $48,000 a year, as against $7,000 a year for a studio flat in Burj Khalifa.
One of the primary reason for the renting trend to begin in Burj Khalifa, could be the high price tags that accompanied a flat, if it was to be sold instead of being rented. A real estate firm, Networth Real Estate was known to be offering potential buyers, apartments in Burj Khalifa at the rate of 3,250 dirhams a square foot, but this offer came under heavy resistance, especially from the apartment owners, who were extremely reluctant in selling these prestigious flats for anything other than 4,000 dirhams per square foot.
Dubai to get Gold Coins
An Emirate that knows how to get things done and on a scale that nations never dreamt before “” this tiny Emirate is now launching its first gold coin. The prototype 24-carat, five-ounce coin, minted in Switzerland, is adorned with the face of President Sheikh Khalifa, President of the UAE, on one side, and an image of the Burj Khalifa on the other.
The coin which has been launched by a Dubai free zone is hoped to become legal tender. Historically, the South African krugerrand, which was first minted in 1969 to promote South African gold and became so popular that by 1980 it accounted for 90 per cent of the gold coin market. Obviously the Sheikhs have something similar in mind for this gold coin. The Dubai Multi Commodities Centre Authority (DMCC) is holding talks with the Central Bank to designate the coin, worth more than Dh30,000 (US$8,167) at current prices, as the first gold bullion legal tender in the Middle East.
According to the executive chairman of DMCC, the innovative gold bullion coin was conceived to satisfy the demands from investors seeking access to gold as protection against the ongoing global economic uncertainty.
Kingdom Tower in Saudi Arabia
The Kingdom Holding Company approved the plan to build the USD 30 billion Kingdom Tower in Jeddah the tallest building on Earth that will stand one mile high, Burj-khalifa.eu reports. The height will take an elevator 12 minutes to get to the top. The 5,280 foot Kingdom Tower will exceed Dubai’s 3,281 foot Nakheel Harbor and Tower whose construction was put on hold. An 8.9 square mile city will also be built around the Kingdom Tower which can accommodate 80,000 people and an additional one million visitors. Designed by Mr Adrian Smith the same American architect who designed the Burj Khalifa the building will have 12 million cubic feet of space for offices, a hotel and residential units. Its floor area will be a staggering 38 million square feet.
Emaar redefines luxury living in Downtown Dubai
Emaar Properties has expanded its portfolio of serviced residences in Downtown Dubai, its flagship mega-project, with the addition of The Palace Residences, a collection of luxury homes in The Old Town Island.
Showcased at the Emaar Square Sales Centre in Downtown Dubai from 4pm on March 28, interested homeowners can explore the opportunity to own an apartment in one of the most sought after locations in Dubai. A tour through the model home at The Palace Residences will offer customers a firsthand experience of this unique and exclusive community.
The Palace Residences feature a limited number of one, two and three-bedroom apartments. Situated above Souk Al Bahar, a modern shopping and leisure destination with Arabesque architectural features, the homes overlook Dubai’s landmarks – Burj Khalifa, the world’s tallest building, and The Dubai Fountain, the world’s tallest performing fountain.
Rents at Burj Khalifa
Studio flats can be rented for 140,000 dirhams ($38,000) a year at Burj Khalifa, the world’s tallest building inaugurated in Dubai earlier this year, UAE daily Gulf News reported on Tuesday. Prices range between 180,000 to 260,000 dirhams for one-bed flats and start from 300,000 dirhams for two-bed apartments, the newspaper reported, citing real estate agents and rental ads.
A luxury studio flat in Manhattan can cost about $48,000 a year. In contrast, a studio apartment in Dubai’s International City can be rented for about $7,000 a year. Units on lower floors with fountain view are being offered for less than those with a sea view on middle and higher floors.
World’s largest tower in Jeddah
Saudi Arabia announced that they were going to build a tower twice size the height of Dubai’s Burj Khalifa, we all dropped our jaws. Billionaire Prince Alwaleed bin Talal is a man of taste and means business and has unveiled the first news on the progress of the plans by awarding Saudi Binladin Group a contract to build the new world’s tallest tower in Jeddah. It will be all of 1,000 metres and will cost Alwaleed’s investing company Kingdom Holding Co $1.2 billion to construct. It will be right at the centre of the Kingdom City, a 100 billion riyal development.
Emaar To Launch $1.5 Bln Real Estate Project In Turkey
Dubai-based developer Emaar Properties plans to launch a $1.5 billion real estate project in Istanbul, company’s CEO in Turkey said on Monday. Ozan Balaban said Emaar bought a land in Camlica district, in the Asian side of Istanbul, last year. Balaban also said thet Emaar, the builder of world’s tallest tower Burj Khalifa, believes in Turkey and especially Istanbul, adding that Istanbul would become one of the most important metropolises of the world in the next decade. Emaar, 32 percent owned by the government of Dubai, said in February it would focus on mid-income housing in emerging markets and overseas expansion to boost 2010 revenue after returning to profit in the fourth quarter.
News & Updates
Recent News
H&M all set to unveil...
The very famous Swedish high street giants Hennes and Mauritz, who own H&M, COS, Monki and Cheap...
Aston Martin Rapide and...
A disease gets worse when you just don’t know how it hit you. The thing gets practical in terms of...
