Friday, January 22, 2010

Burj Dubai Skyscraper

Burj Dubai Skyscraper, a heads up building has been inaugurated today, the investors, property advisors, economists, and financial analysts has developed lot of expectations from the Burj Dubai Skyscraper to bring economic stress level down to get out of problematic situation and to grab the attention of the world once again. Although Burj Dubai Skyscraper is a great piece of art but the economic crises Dubai is going through has threaten Dubai to be under debt as tall as Burj Dubai Skyscraper.

Burj Dubai Skyscraper, the world’s tallest building with 200 stories placed at the world’s one of most advanced and richest location Dubai. The building has been inaugurated at a time when Dubai is facing the worst economical crises which can lead it the international bank defaulter and heavy debts.

Emaan is the company who built the building and the Chairman of the company has hoped a lot from the Burj Dubai Skyscraper. He said crises do come and go but this building will help to raise property prices in Dubai and that will help to say goodbye to the Crises.

Well, its really not understandable that why they spending such a huge amount of money to build such kind of huge buildings, the world got attracted in the past toward Dubai and paid sufficiently, there was a time when the property in Dubai has seen the highest jump value around back in 2005 and now it has fallen down to 86% the lowest in the history but they are still committed to bring more unique buildings.

The palm tree shaped island has eaten the money like anything and now it’s under debts of around $20 billion and the situation is getting worst.

1 comment:

Ekkan said...

Wow! I first read about it on this forum, Burj Tower but you have a whole blog dedicated to it! Very impressing =)