Dubai : Real estate has big with the highest tower of the World

Dying late last year, in doubt, hit by the wrath of financial crises and real estate, Dubai intends to swim a few times still in excess water. Inaugurating today the tallest in the world, the "Burj Dubai, the emirate hopes to regain confidence eroded, but also improve its image in front of foreign powers.

Pushing a bit further the boundaries of architecture and real estate development shining symbol of the emirate, the "Burj Dubai" (or Dubai Tower, Burj meaning tower) now displays for all to see and luxury proportions are matched only by financial debt required for its construction. On top of its 164-storey tower in Dubai allowed to overshadow the Taipei 101 in Taiwan opened in 2004 and previously holding the record for the tallest tower in the world with 101 floors for 508 meters high. If the exact dimensions of the Burj Dubai are still a mystery, its supposed height of 816 meters (more than 2 ½ times the Eiffel Tower) break all the limits of the property.

If the height reached sufficient in itself to arouse the admiration, the excess is everywhere here. At nearly 40 kilometers per hour, two minutes to lift enough to carry visitors to the upper floors, the system will generate essential air conditioning condensation annual equivalent to 20 Olympic swimming pools and window cleaners will not rest because they will not least 6 to 8 weeks to clean up the facade.

Bordering the financial disaster last November, the emirate of Dubai is still facing a property market and construction extremely fragile. The completion of this tower will yet mobilized some 12,000 employees over the last 5 years. Pharaonic project if any, the overall cost of building the Tower of Dubai is estimated at more than 1.5 billion euros ... Nothing to worry unduly the developer Emaar Properties (whose government is a shareholder) since 1100 on some apartments in the tower, 90% have already been sold. In the opinion of the developer, the return on investment could rise to 10% on the first three quarters of 2010.