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Old 09-07-2008, 05:34 PM   #31
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Default Re: Dubai now has the tallest building in the world

Burj Dubai now stands at 700.9 meters. The first ever structure which hit the 700 mark.

http://www.burjdubaiskyscraper.com/

118.1 meters to go
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Old 09-07-2008, 05:42 PM   #32
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Default Re: Dubai now has the tallest building in the world

what a joke. talk about wasteful spending.

the next bubble to burst is going to be dubai.
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Old 09-07-2008, 05:47 PM   #33
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Default Re: Dubai now has the tallest building in the world

Not unless the oil runs out and especially not at over $100/barrel.
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Old 09-07-2008, 05:52 PM   #34
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Default Re: Dubai now has the tallest building in the world

i just don't see people relocating permanently. and why would they want to ski in dubai if the alps are around the corner (i take it they wanna sway the western world with those tourism projects, right?)? dubai is currently probably losing billions of dollars by investing in stuff that will never pay off. do you really think this tower is going to be refinanced anytime soon? no way. it's just some egomaniacs trying to impress the rest of the world. the same goes for the airport and all kinds of "ideas" the rulers have had that got built over the last years.
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Old 09-07-2008, 05:57 PM   #35
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Default Re: Dubai now has the tallest building in the world

They probably failed to make a profit on most of their investments but it doesn't matter, at least not for the next 50 years or so. They're just trying to generate as much extra income as they can, on top of their oil revenue, by turning themselves into the Monte-Carlo of the middle-east. They're aiming to be a luxurious tax haven and popular tourist destination. Above all, they're just having fun with their money.
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Old 09-07-2008, 06:02 PM   #36
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Default Re: Dubai now has the tallest building in the world

well, but turning the city into monte carlo wasn't their initial plan, was it? i remember reading about their goals, the ruler planned to rival london and new york in terms of business, rival singapore in terms of shipping and air transport, rival europe in terms of sights and so on. i don't think they wanna be the "fun location". it'd take much less to achieve that as they could basically stop building now.
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Old 09-07-2008, 06:05 PM   #37
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Default Re: Dubai now has the tallest building in the world

Yes of course they want businesses to invest, so does every country.

There's no reason to stop building. They've still got lots of money and there's always room for expansion. Nothing is ever finished.
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Old 09-07-2008, 06:18 PM   #38
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Default Re: Dubai now has the tallest building in the world

they are making lots of money with their projects. nearly everything is sold out. don't know what you guys are talking. afraid they could be better than americans?

in dubai around 6% of the population are millionairs. ranked #5 in the world.
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Old 09-07-2008, 06:20 PM   #39
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Default Re: Dubai now has the tallest building in the world

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they are making lots of money with their projects.
I know they are but it doesn't mean they're making profits.
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Old 09-07-2008, 06:37 PM   #40
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Default Re: Dubai now has the tallest building in the world

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I know they are but it doesn't mean they're making profits.
i'm sure they are doing at least with their most important projects. many of them are unique in the world which is always a good condition to make profits.
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Old 09-07-2008, 09:54 PM   #41
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Default Re: Dubai now has the tallest building in the world

Maybe this is foolish, but where does all the water they need for these huge buildings come from? I think of the Gulf States as arid places.

Projected height - 800-950m?

That's like taking the tallest building in the US and double the height.
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Old 09-07-2008, 10:12 PM   #42
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Default Re: Dubai now has the tallest building in the world

I think there is a very large number of Pakistanis, Indians, Filipinos and other poor workers who live in cheap accomodations in Dubai to work on the building projects, and they probably don't have full citizen rights and may not even be counted in official population figures.
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Old 09-07-2008, 10:30 PM   #43
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Default Re: Dubai now has the tallest building in the world

Plans are underway for a much, much taller tower in Dubai, 1400 meters as is proposed now...

http://en.wikipedia.org/wiki/Al_Burj
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Old 09-07-2008, 10:31 PM   #44
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Default Re: Dubai now has the tallest building in the world

Quote:
Originally Posted by Louche View Post
Projected height - 800-950m?
819m but next year they will start building another tower which will have a height of 1400m.
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Old 09-07-2008, 10:32 PM   #45
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Default Re: Dubai now has the tallest building in the world

Quote:
Originally Posted by Louche View Post
Projected height - 800-950m?
819m but next year they will start building another tower which will have a height of 1400m.
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