Free luxury homes in Dubai by August (possibly)
The Sunday Mirror reported last week that celebrities were losing an estimated £80,000 every week on their luxury Dubai properties. The likes of Brad Pitt and Angelina Jolie, David and Victoria Beckham, Michael Schumacher and Michael Jackson (the latter pair not a couple, by the way) have all seen their multi-million pound property purchases halve [...]
Dubai news update
Instead of the usual in depth dissection of whatever doom and gloom has befallen Dubai recently, I thought it might make a nice change to have round up of all the good, bad and ugly news from the emirate was in order. The BBC is reporting that the luxury Westin Dubai Mina Seyahi beach hotel [...]
Burj Dubai reaches maximum height
Already the world’s tallest building, or structure of any description for that matter, the Burj Dubai has now quietly reached its maximum height of 818 metres (826 metres if counted from the lower entrance to the aircraft beacon), according to Skyscrapernews.com. Unfortunately, with Barack Obama‘s inauguration and the global recession, no one seems to have [...]
Work stops on Nakheel Harbour and Tower for a year
Further evidence of the effects of the global recession on Dubai comes in the form of the announcement by Nakheel, Dubai’s state owned property development giant, that work on the 1000 metre high Nakheel Harbour and Tower has been suspended for a year. The Tower, which formed the centrepiece of the $38 billion (140 billion [...]
Lindsay Lohan follows David Beckham to Dubai
Like Brad Pitt and Angelina Jolie, David and Victoria Beckham bought a luxury home in Dubai to escape the intrusions of the media. Little did they expect that Lindsay Lohan and Samantha Ronson would follow them, no doubt bringing the paparazzi with them. Like many other stars Li-Lo has been looking at houses on the [...]