The Burj Dubai will be the world's tallest building when completed in late 2008. On September 12, 2007 it became the world's tallest free standing structure at 1,822 feet. The projected final height of the building is being kept a secret but is believed to be around 2, 684 feet (half a mile high). Check out the Burj Dubai website. The Wikipedia has a good article on Burj Dubai.
posted by mwhaley @ 10:07 AM
4 comments
4 Comments:
Much has been said about the phenomenal growth experienced over the past few years in the Dubai Real Estate market. The last 3 years have reported that Dubai investment can be a very lucrative decision, besides the booming Dubai real estate development with unique concepts. The World and Dubai palm island and the growing economy with rising immigrants from all over the world, another reason why an increasing number of international investors are attracted to Dubai is undoubtedly the favorably tax system, where no personal income or capital gains taxes exist.
While Dubai captures the attention of many investors, San Diego is often overlooked.
I came across an article at http://www.brokerforyou.com/brokerforyou/ written by a San Diego real estate broker that claims that sub-prime loans are NOT the main cause of the housing value decline.
It’s really a great little article; you should check it out!
He’s also has an interesting chart on median condo value declines just in the last year in San Diego at http://www.brokerforyou.com/brokerforyou/index.php?paged=2
Evelyn
What can i say about Dubai…. its a place i hope to visit someday. Dubai is one of the seven emirates and the most populous city of the United Arab Emirates (UAE). Its becoming more and more popular everyday. There are so many things to do and see there… there are beautiful beaches you can relax and enjoy in. The money invested in Dubai is amazing. You can go to The Burj Dubai, the tallest man-made structure in the world, the biggest Shopping Mall in the world with a ski track in the middle of the dessert! I heard they are even planning to build the biggest amusement park in the world. The Dubai palm island is a plan that is being executed and soon to be completed. They are constructing three Dubai palm islands that will be the three largest man-made islands built. As you can see, Dubai is all about bigger, better and unique. Another great project is the world map-like shaped group of islands comprises of 300 private islands. This ambitious plan will add beauty to Dubai. However, environmentalists feel these islands will adversely affect the marine life in the Gulf. I saw some pictures of Dubai and searched for information, attractions and places to visit. I havent heard about the Dubai night but i guess its spectacular. I have to say its a destination i would like to visit soon. The dubai desert became the mega destination for people all over the world… imagine the upcoming attractions!
For property investment I think that in the long run it is always best to stick with something safe and established...such as London.
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