The long-awaited opening of the Burj Dubai is scheduled to take place today.
Although the final height is not yet known, it is expected to be over 800 metres high and substantially the tallest building in the world.
It also seems that the opening may help the level of confidence in and about Dubai. Dubai has been hit incredibly hard by the GFC, and it badly needs a boost in confidence for its residents and the thousands of foreign investors who own property in Dubai. Perhaps the launch of Burj Dubai, coming at the start of a new year and as the GFC ends, heralds the start of a new era in Dubai’s growth. Lets hope so.
