DUBAI — A European investor has bought for Dh44 million the world's highest office-level measuring 11,000 sq ft on the 94th floor of Burj Dubai, now the highest building on earth at 604.9 metres.
The sale was facilitated by Dubai-based Eqarat.com, the preferred sales agent for all the real-estate projects of Emaar Properties, developer of the 159-floor Burj Dubai, the agent said in a statement yesterday.
Eqarat.com did not reveal the investor, but described the deal as a "successful acquisition of the most coveted commercial real-estate property within the globally renowned landmark".
The statement said that intense competition among property developers and high-profile investors has made it difficult for buyers to acquire their ideal properties in Dubai, which is seeing tremendous growth in the construction industry.
"It brings us pride to have successfully facilitated the sale of the most sought-after commercial space in Dubai at present, as a result of our market strategy, which we have gained through extensive knowledge of the local market," said Ali Al Rahma, CEO of Eqarat.com.
Burj Dubai is the centrepiece project in Emaar's 500-acre Downtown Burj Dubai development, which includes residences, hotels, retail spaces and community centres, among other things
Sunday, February 17, 2008
Burj Dubai's 94th floor bought for Dh44 million
Saturday, February 16, 2008
Burj Dubai February 16th 2008 photo update
Burj Dubai February 16th 2008 photo update, some nice photos of the Burj Dubai and the surrounding work site. The cladding and steel work continues to progress.
Friday, February 15, 2008
Burj Dubai February 15th 2008 photo update
Burj Dubai February 15th 2008 photo update, photos of the Burj Dubai and the skyline of Dubai.. there photos are about a month old but I thought I would post them as they are extreamly nice.
First aerial footage of 600m+ Burj Dubai
The first aerial films and photos of Burj Dubai's breakthrough the 600-metre mark have been published by ArabianBusiness.com in a world exclusive.
Burj Dubai, which is the world's tallest structure, has now reached a height of 604.9 metres (1985 feet) with 159 floors completed. ArabianBusiness.com was able to secure the photographs of the landmark building via a helicopter ride over Dubai on February 2, a day after developer Emaar confirmed the 600 metre-mark had been breached.
According to Burj Dubai's official website, the building had reached a height of 598.5 metres (1964 feet), with 158 floors completed by December 27 last year.
Burj Dubai February 14th 2008 photo update
Burj Dubai February 14th 2008 photo update, some photos of the Burj Dubai and near by towers.
