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rket reached $33.5 billion during 2010, as per new figures. This will probably give way to increase the confidence and encourage more people to invest in property in UAE. Indeed, according to head of the emirate's Land Department, Sultan Butti Bin Mejrin, the numbers were 'promising, considering the crisis'.

But since the peak which occurred in mid-2008, real estate values in Dubai have slumped by 62 per cent after the global credit crisis saw speculative demand fall. This makes the market more vulnerable to investment as market responds becomes more optimistic.

Dubai also paved the path for some innovative engineering designs that adds to the glamour of stylish real estate architecture. To name the most pioneering one, it is none other than the ‘Rotating Tower in Motion’ building based on ‘Dynamic Architecture’ concept by Florentine architect David Fisher is first of its kind and trend-setting. C:\Documents and Settings\Administrator\Desktop\wind-powered-skyscraper.jpg A partial magnified view of the building.

Not only be the pioneer, the Dynamic Architecture building which will be constantly in motion changing its shape with each floor capable of spin, move and rotate 360 degrees independent of one another, will also be able to generate electric energy enough for itself as well as for other surrounding buildings from at least 48 wind turbines that fitted between each rotating floors as well as the solar panels positioned on the roof of the building that will produce pollution-free energy from wind and the sunlight. Any acoustics issues are solved by modern design of the building and the carbon fiber special shape of the wings. And the floor only rotates at the slow speed of about 6 meters a minutes, so that guests inside probably won’t feel it. This is more supported by the rotating restaurant architecture in Fortune Tower at Jumeirah Lake Towers. This kind of architecture was already prevailing at Germany and its turn for Dubai to take the concept further.

The tale of crazy engineering continues with the activities to build the world tallest man C:\Documents and Settings\Administrator\Desktop\khalifa.jpg The Burj Khalifa

made building. For this Construction began on 21 September 2004, with the exterior of the structure completed on 1 October 2009. The building officially opened on 4 January 2010. The world got its first of a kind,’ The burj khalifa’. Thus it paved the way to build more innovative skyscrapers which has futuristic and ahead-of-times building designs and architecture.

With Dubai sweeping the major limelight among Gulf Real estate openings, we should also keep in mind, Kuwait.

A glimpse contemporary Real estate market in Kuwait :

Kuwait is about to reach a significant boom in the upcoming months especially in the Gulf region based property investment destinations. This is mainly accredited to group sponsorship for Qatar’s sixth international fair that is scheduled to happen in Doha from 20-25, March 2011. Arab states have taken measures to increase number of housing loans and for creating job opportunities. Thus there are expectations of flourishing development which will give way to hike in real estate prices .Thus previous investment will start getting healthy ROI, even though the market remained stagnant for quite some time. Thus experts drew a line for sloppy sales and as per their expectation, as the mar