***Dubai opens the world’s tallest building to the public in the midst of an Economic Crisis !
Ostentatious to say the least !
Is Dubai ever going to get over its “exhibitionist” mentality ?
95: distance in km at which its spire can be seen** 504: rise in metres of its main service lift 57: number of lifts 49: number of office floors 1,044: number of residential apartments 900: length in feet of the fountain at the foot of the tower, the world’s tallest performing fountain
**28,261: number of glass cladding panels on the exterior of the tower
I lived in the Emirates before...and am srry to say that it is jst an illusion...I think they are challenging mother nature too much...and the only ppl who r happy their is probably is the rich coz the rest is just there for slavery!
One thing.. only one earth quake and its gone... They are targeting to make huge buildings but have no sense if they will even face earth quake and yes they feared a lot when last time an earth quake hit Oman and some of the hot zone of UAE.
Lets see where they want to go with this fakeness.
**i wunder what happens to these skyscrappers once the economic boom of dubia is gone [no money from Abu Dhabi either to salvage] OR a political/religious/social upheaval [the like of Beirut...which was once the Paris of the Middle East] . i think they will become sitting white elephants. america taketh away their petro dollars by pumping the sheiKhs to spend on un-necessary enterprises.
i guess dubai sheikh know what they are doing, though many are deceived by duplicate designs of the existing building in the west and milking money from them with zero investment. :)
what dubai is offering first class infrastructure with zero percent tax rates for businesses to have their EMEA offices/base there. they know they will be running out of oil sooner than their neighbours in the area so hence trying to make dubai a business and holiday destination in the long run!
its how they are doing it, making ultra big so no one can compete to its infrastructure in are and around the world.
nOw current downtrun will not stay forever, there will be growth and world economy will start to grow, so its not all waisted investment for them after all. may be few hard years but they can hang on to oil for that period and wait for return on this investment.
dubai economy is not self reliant at all, they dont have huge industrial output to export etc, they are in service industry for long run, and depends on world economy.
many buildings in downtown newyork and london even finished recently or previous stands empty, they may look dead horses at the moment, but its all depend on economic growth to return.
if the dubai sheikh were little bit diversified they would have gone for other industries to excell like manufacturing etc along with financial and service industry.
Ostentacious is how Sheyn sweets described the new “World breaker of a Building Record”!!! and I would have to agree that its another symbol of having too much money and no brain edict:k:… still I suppose it’ll keep attracting non investment and a growth in world debt:k:!!!
I have always loved the tagline for Burj Dubai , History has now risen 