Burj Dubai sells 94th floor online for $12 mn

Dubai, Feb 15: Having reached 158 floors and still growing, the world's tallest skyscraper, Burj Dubai has sold 11000 sq ft of office space on the 94th floor to a European buyer for a whopping 12 million dollars in an online deal.

Eqarat.com, the Dubai-based real estate sales agent, today said it has sold the ''highest office floor in the world'' to a European investor. ''Purchasing property in Dubai has become a simplified process; however intense competition among property developers and high profile investors who are always on the lookout for the most profitable developments in this rapidly developing emirate, has presented customers with difficulties in acquiring their ideal properties,'' claimed Ali Al Rahma, CEO of the online portal, according the Gulf News. Eqarat.com did not reveal the investor, but described the deal as a "successful acquisition of the most coveted commercial real-estate property within the globally renowned landmark". Burj Dubai is the centrepiece project in Emaar's 500-acre Downtown Burj Dubai development, which includes residences, hotels, retail spaces and community centres, among other things.

UNI