World’s Tallest Building to open on 4th January 2010

Burj Dubai, world’s tallest building will finally open up on January 4, 2010. The date happens to be the fourth anniversary of Sheikh Mohammed bin Rashid Al Maktoum becoming the ruler of Dubai, the Vice-President and Prime Minister of Dubai. Emaar Real Estate Company is actually paying gratitude towards the ruler who has proved to be the builder of modern Dubai by launching the majestic tower on this day as said by its Chairman, Mohammad Ali Al Abbar.

"We decided to inaugurate the world's highest tower during an anniversary that is dear to the hearts of everyone. The Burj Dubai reflects the ambitious vision set by His Highness Sheikh Mohammed bin Rashid who had been "the first supporter of the company and all of its projects since its inception" Emaar chairman Mohammed Alabbar said in a statement.

The 164-storey structure became the tallest in the world in mere 1,276 days due to the effort of over 5,000 consultants and skilled construction workers. In a single month from 2004 when it started, the tower had surpassed the Sears Tower in Chicago with the most floors in the world. It reached 100 levels in by 2007.

Burj Dubai offers Giorgio Armani’s The Armani Hotel and Residences along with other residences and commercial places. It also affixes Downtown Burj Dubai, popularly described as the new “heart of the city”, which is a busting community and s Dh73 billion mixed-use mega project. Known by many names Burj Dubai will be called as home by only a fortunate group of people. The goal of the developers has been not only to develop the world’s highest building but also to symbolize the world’s highest aspirations. The tip of this tower will be visible 60 miles away and its external size covers the area as big as 17 football fields.

The Master Dubai Real Estate Developer- Emmar Releases Rent To Own Plan

Dubai based real estate developer Emmar has released its Rent to Own scheme in Downtown Burj Dubai. Now customers can lease the ready-to-move –in houses for one year. If the resident decides to purchase that property, this lease amount paid for a year would be considered the down payment towards that property. If the customer decides not to buy the property they can renew the rental agreement. The Rent to Own scheme was offered by Emmar in November 2008. This gained immense popularity as the buyers got a choice to live in the house, before they buy it. It was not only advantageous for a buyer, but also it was financially beneficial for the developer.

The Residences, South Ridge, Old Town Island and The Old Town residential clusters were showcased, which are most centrally located in Downtown Burj Dubai. All these residential developments offer state-of-the-art facilities contributing in the opulent lifestyle of the residents living in this community. The new units offered includes 1 bedroom to 5 bedroom apartments accompanied with large balconies and terraces. The Residences and the South Ridge are stunning high rise towers, however, The Old Town and the Old Town Island are tastefully designed with a touch of Arabian architecture. Downtown Burj Dubai is today considered the heart of the city with beautifully furnished apartments for sale in Dubai and panoramic views of the community.

Ahmad Al Matrooshi, MD - UAE, Emaar Properties, said, "The diverse collection of newly released units offers customers the convenient option to own a home in one of Dubai's most sought-after communities after experiencing the lifestyle differential for 1 year."