Burj Khalifa – The world’s new Superscraper

Credit where credit is due (pun intended) – Emaar has opened the long-awaited and much hyped Burj Dubai today. Well done guys – you did it!!
In a surprise move Sheikh Mohammed announced a renaming of the tower. It will now be known as the Burj Khalifa, after the president of the United Arab Emirates and [...]

Shuaa Capital : “Dubai prices will drop 60%”

Well the latest Dubai property price analyses and forecasts are in.
In the worst case scenario for the coming year, UAE Investment bank Shuaa Capital reckons that real estate is heading for up to 60% falls by the end of 2009, after which they should begin to stabilise at the new lower level. The bank [...]