Archive for the ‘Real Estate’ Category

Rotating tower to be solar-powered

Wednesday, July 2nd, 2008

Rotating tower to be solar-poweredDubai’s latest mind-boggling project will be yet another global first – a fully rotating tower powered by the sun.

Project engineers say the Dh400 million Time Residences tower in the City of Arabia master development will turn through 360 degrees, its rotation mechanism driven by stored solar energy.

The project, which will put 200 apartments onto the market, is another addition to Dubai’s list of world exclusives which will include the world’s tallest tower, biggest mall and largest man-made island – even a collection of dozens of man-made islands dubbed The World.

In July, Dubai-based High Rise Real estate launched the Rotating Tower, a Dh175 million project in Jumeirah Village South featuring four rotating penthouses and a rotating villa with its own car lift.

Dubai Property Ring, developer of the 30-floor Time Residences, says it has gone one step better by launching a fully rotating structure.

“We didn’t want to build just another building or tower, we wanted to create something unique – a precious place to live – a genuine contender to be one of the great buildings in the world,” said Tav Singh, director of Dubai Property Ring, the Dubai arm of UK-based property investors UK Property Group.

Singh said the company plans to build 23 more rotating towers in each of the world’s time zones with finance provided by investors linked to the company.

The Time Residences tower will include one- and two-bedroom apartments as well as duplexes and penthouses. Singh said unit prices have not been released, but sales are expected to start in March 2007. Buyers’ payments will be held in an account managed by Dubai Property Ring and Colliers International, master agents for the project.

The project is the company’s first foray into property development, forcing it to take on the services of established names in their respective fields.

The tower was designed by UK architecture firm, Glenn Howells Architects (the company behind the Birmingham Rotunda in the UK) and Palmer and Turner, the master developers of City of Arabia.

(more…)

Dubai Sports City – Dubailand

Friday, June 27th, 2008

Dubai Sports City in Dubailand is the world’s first purpose-built integrated athletics and sports venue. It has on offer state of the art facilities on all major sports. There is an 18-hole championship golf course along with a cricket academy, soccer academy, tennis academy, golf academy, indoor and outdoor multipurpose stadiums, cricket stadium, apartment towers, clubs, swimming pools, gymnasia, schools, parks, mosques, clinics, multiplex cinemas, shopping malls, cafés and a host of other amenities in Dubai Sports City.

Dubai Waterfront

Saturday, June 21st, 2008

Dubai Waterfront consists of an assortment of artificial islands and canals along the Persian Gulf coastline of Dubai. Once completed, the Waterfront will have residential, commercial and leisure areas. The property development is well connected to the emirate of Abu Dhabi and is quite close to commercial hubs such as Dubai World Central Airport, Jebel Ali Airport and Jebel Ali Free Zone.

The Waterfront is being developed by the world’s largest privately help property developer Nakheel. Upon completion, Dubai Waterfront will add about 70 kilometres to the coastline of the emirate. The property development will have more than 1.4 billion square feet of land and water developments which is twice the size of Hong Kong!

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