Appreciation of Dubai properties grew rapidly between 2004 and 2006 due to the government deciding to change from the trade based economy to a services and tourism based economy. This had led to huge and groundbreaking skyscrapers so synonymous with Dubai today. Dubai property is so innovative. They have the tallest building in the world that is used solely as a hotel, the Burj Al Arab. This crown is soon to be taken from this iconic building with the completion of The Rose Tower. This tower was completed in 2007 but is yet to open as a hotel. Vying for the tallest building in the world is being undertaken by a number of developments which are still in construction and due to be completed around 2009. Approximately 50km away is a proposed 200 storey tower with a projected height on 1,200 metres!
One of the latest groundbreaking Dubai property developments is the much publicised rotating tower. Each floor will have the ability to rotate 360 degrees independently so the tower is an ever changing structure in terms of shape and the views are ever changing for the residents. The speed of which it will rotate is anticipated to be around 6 metres per minute so that the residents will not feel the motion. Something which isn’t always associated with Dubai are eco friendly issues but the revolving tower is changing that. In between each floor are 48 wind turbines which will produce enough energy for the tower and surrounding buildings. Solar panels will also be fitted to the top of the building.
