Dubai-Jumeirah Lake Towers

October 12th, 2008

Dubai real estate is one of the most lucrative property markets in the world. Buying real estate in Dubai’s Jumeirah Lake Towers (JLT) community is a good option to consider.
About Jumeirah Lake Towers (JLT)

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A dynamic blend of residences, retail outlets, and offices, Jumeirah Lake Towers (JLT) is the next generation of real estate Dubai. Located just off Sheikh Zayed Road between interchanges 5 and 6, Jumeirah Lake Towers consists of 69 unique towers grouped together into 23 clusters. With a 55-storey central hotel tower, the community offers sheer beauty in the name of manicured gardens all around. Read the rest of this entry »

UAE needs $10b to satisfy energy demand by 2018

August 20th, 2008

The UAE will need $10 billion to satisfy energy demand in the next ten years, due to increasing development and projects on land that are growing at the rate of 12 per cent each year, according to reports.

The Gulf Cooperation Council countries are developing power generation projects, collectively worth between $160-$220 billion.

These countries also play an important role in exporting capital, estimated at $30 billion, to third world countries, according to International Bank reports.

This would increase money flow, encouraging more projects to be established in the region.

Roughly 25 per cent of water in the Gulf region has been consumed, according to reports about energy consumption in the UAE, which says a further one-fifth of the resource is being used for power generation.
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Bastakiya

August 19th, 2008

att_bastakiya  BastakiyaAl Bastakia Area in Bur Dubai dates back to the early 1900s, and occupies the eastern section of the old town along the Creek, extending to a length of 300 meters, and depth of 200 meters in the southern direction. This area represents an important area in the history of architecture, and the urban development of town. The masons, who constructed the building, have left a permanent mark on the town’s heritage.

To the east of Al Fahidi Fort is the largest concentration of traditional courtyard houses within wind towers. In the past, the city was famous for a mass of wind towers which lined the creek on either side. These were not merely decorative but served as the only means of cooling houses in pre-electricity days.