Anara Tower in Dubai
Anara Tower, the 125 stories building, where art and culture meet. A mixed-use residential tower with world-class art gallery, celebrated public art, five-star boutique hotel built around principles of modern Islam. Raising over 600m in height, and located at the entrance to Dubai Media City on Sheikh Zayed Road, the new bizarre uniquely designed building is destined to be probably the new face of Dubai.
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Popularity: 8% [?]
Dubai drowning in debts
With the global economy crisis hitting first before any other the real estate business, who do you think would suffer the most? Dubai, the world’s fastest rising city is suffering severely not only from the lower real estate prices, but with luxurious originally worth 800,000 euros 200 square meter apartments and the like are lacking any buyers, even after price cut. The crisis is so bad, and with Dubai’s international borrowing debts closing date approaching later this year, the Dubai government have stated they will be issuing $20 billions in long term bonds, $10 of which as a first installment, to help Dubai through the crisis.
Popularity: 5% [?]
Burj Al-Arab
Welcome to 7ojozat blog. Our first hotel post won’t be a surprise but more of a must for the 6 stars hote. Burj Al-Arab is what we are talking about here. The design of Tom Wright in Dubai was by the time it finished, 1999, the tallest pure hotel construction. While no project budget was ever released to the public, analysts estimate that a break even of period of 400 fully booked years is needed. So was that a failure project? Depends on what’s your definition of failure and success here. The goal behind this huge project is mostly strategic to attract attention to Dubai as a worldwide center for pleasure and business. In that sense, I don’t think you could say it failed.
A single night inside this magnificent structure would cost few thousands of dollars, and be ready for huge service charge bill. The most expensive room is the highest one. I have seen a documentary about it once, but honestly, it was costly but not relaxing. Strong red colors and rotating room, not my choice. See this video for some more insight.
If you want to read more about Burj Al-Arab, Wikipedia is your best pick. If you plan on visiting Dubai, and most likely those prices won’t suit you, then take a look at the list of over 100 hotels there and compare their prices.
Popularity: 3% [?]
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