The first tower of the world's tallest hotel, JW Marriott Marquis Hotel Dubai, has opened its doors adding 804 rooms, reported Arabian Business. Earlier this year, the official site of Marriott Hotel announced, that the JW Marriott Marquis Dubai will open its doors to guests in Q4 this year. Officially recognized as the world's tallest hotel at a height of 355 meters, only 26 meters short of the Empire State Building in New York, the JW Marriott Marquis has been dubbed Dubai's first world-class convention and business destination hotel. The hotel is opening in several phases, with its first tower of 804 rooms and suites in its soft opening phase, and with three of the final nine restaurants. By January, the hotel will have all nine restaurants and five bars and lounges open, with a grand opening scheduled to take place in February. The 82-storey, 1,608-room hotel represents another record-breaking structure for a city that already boasts the tallest building and the largest shopping mall. Till now the tallest dedicated hotel building in the world was Rose Rayhaan in Dubai. 72 story's, 333 meters high and certified as the World's tallest hotel by Guinness Records hotel building opened its doors in 2010. But the world's highest located hotel is Ritz-Carlton housed in 484 meters high International Commerce Center in Hong-Kong. It is situated on 102-118 floors.

The government of Dubai has green-lit the Emirates' first sustainable building and construction is now well underway. The building, which is dedicated to the water and civil division of the Dubai Electricity and Water Authority (Dewa), is designed to significantly cut down energy consumption and generate 600kW of electricity using solar power. The project is scheduled to be finished within the next few months. The building project, which is coming together on Shaikh Zayed Road in Al Quoz, is a massive undertaking and will have a total space of around 31.6 thousand square meters. The Dubai government claims it will be the first of their buildings to be constructed according to the highest green building standards. Saeed Mohammed Al Tayer, CEO and MD of Dewa has said that the entire construction process is being done in accordance with the highest green building standards and features in the emirate, specifically the Green Economy for Sustainable Development Initiative announced by His Highness Shaikh Mohammed bin Rashid Al Maktoum, who is also the Vice-President and Prime Minister of the UAE and the Ruler of Dubai. Using the city's ever-growing public transport system, the building is situated near First Gulf Bank Metro station and enjoys high connectivity. This building will implement "building management system", which will help save efforts and conserve electricity consumption, and automate all monitoring operations. The management system will manage HVAC (heating, ventilation and air-conditioning) units in the facility in a way to allow electricity savings and automated control operations. The building also follows the standards of saving electricity and water, and has the ability to generate 600kW of electricity using solar power. The facility is also equipped with high efficiency insulatives and smart building systems. It also uses LED technology in lighting, which allows saving 50 % of the energy used to protect environment as part of the commitment and responsibility towards society. The building offers bicycle parking places with 5% of its parking places designated for environmentally-friendly vehicles.

A symbol of Dubai's resurgence and its growing importance at the centre of the global business crossroads will emerge later this year when the JW Marriott Marquis Dubai opens its doors to guests in Q4 this year, reported the official site of Marriott Hotel. This hotel set to be the world's tallest. As reported, the JW Marriott Marquis Dubai will open in two phases, with the first section featuring 807 rooms and numerous restaurants and lounges. At a height of 355 meters, the JW Marriott Marquis Dubai is the tallest dedicated hotel building in the world and is just 26 meters shorter than the Empire State Building in New York. In addition to serving the luxury business traveler, the hotel is targeting the lucrative and increasingly important MICE (meetings, incentives, conferences and exhibitions) market, which currently does not have a hotel of sufficient scale to host such large groups. In addition to all the dining and entertainment options, the hotel will have two ballrooms, 24 meeting rooms and a total of 5,100 square meters of event space. Currently the tallest dedicated hotel building in the world is Rose Rayhaan in Dubai. 72 storeys, 333 meters high and certified as the World's tallest hotel by Guinness Records hotel building opened its doors in 2010. But the world's highest hotel is Ritz-Carlton housed in 484 meters high International Commerce Center in Hong-Kong. It is situated on 102-118 floors. The JW Marriott is part of Marriott International's luxury portfolio and consists of beautiful properties in gateway cities and distinctive resort locations around the world. Currently, there are 53 JW Marriott hotels in 22 countries; by 2015 the portfolio will encompass 80 properties in 29 countries.

As announced by Tameer company, the main developer of project, Dubai's landmark Princess Tower has been completed, making it the world's tallest residential tower at a final height of 414 meters, reported The National. Construction of residential tower began in 2005. The Dubai Marina development stands at 107 storey and encompasses basement floors, a ground floor and 100 above-ground levels. In addition to penthouse apartments overlooking The Palm Jumeirah, The Princess Tower houses 763 luxury apartments, including one, two, three, four-bedroom apartments. According to experts, the tower will contribute to more than 3,100 new apartments are scheduled to hit the market in Dubai Marina in the early part of this year, putting further pressure on declining rents in the popular coastal district. As we earlier reported, UAE's property boom ended in 2008, with home prices drop in the Dubai by about 60 percent. The current tallest completed residential building in the world is The Torch, the 337-meter tower located a few blocks away from the Pentominium project in Dubai, which itself could surpass Princess Tower if it is ever completed to the 516 meters originally planned. That project has become bogged down in delays.

The amount of construction projects cancelled and delayed in the United Arab Emirates rose to $170bn in August, Citigroup said in a report, signaling the battered sector in the Gulf state is still away from a recovery, reported Arabianbusiness. UAE accounts for 56 percent of the total cancelled and delayed projects for the main regional markets, the MENA construction projects tracker report by Citi showed. The cancellations are an increase of 13 percent since July. "Unsurprisingly cancellations in the UAE relate predominantly to real estate," the report said. UAE's property boom ended in 2008, with home prices in the Dubai emirate plunging by about 60 percent, forcing many developers to abandon projects. Meanwhile, projects cancelled and on hold across main MENA markets dropped slightly to $1.69 trillion in August from $1.7 trillion in July. In other markets, Saudi Arabia added $81bn of preliminary projects to its pipeline since July, said the report, highlighting the growth potential in the market. Kuwait and Qatar also have projects worth $20bn and $2bn respectively that are in preliminary stages of construction. In contrast, UAE showed a $12bn decline in preliminary projects to $118bn.