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ellatora Residences: -prime waterfront location -prices starting from AED 3,000,000 for a 1 bedroom -AED 3400 per square foot -strong projected rental yields With a wave-inspired elevation on the sea-facing side, and a smart and polished Dubai-facing side, Bellatora will be a distinctive presence in Dubai Maritime City, the world’s first purpose-built maritime centre. With multi-tier landscaped gardens surrounding it and an impressive podium that gives it a grand and luxurious profile, Bellatora is a rare combination of enchanting allure and ultra-modern chic. Designed by Norr, creators of the iconic Emirates Towers, Bellatora offers a lifestyle that is unique yet comfortable, luxurious yet elegant. In fact, Bellatora redefines standards in ultra-premium lifestyles with a range of add-on services and amenities that stand worlds apart from the usual. Economic Forecast for the UAE (from the Economist Intelligence Unit 2008): Outlook for 2008-09 - The domestic political environment and outlook are stable and the president, Sheikh Khalifa bin Zayed al-Nahyan, will maintain the UAE\'s relatively liberal social and economic policies, as well as its pro-Western foreign policy stance. - If international tensions related to Iran\'s development of a nuclear capability were to worsen, the UAE would find it increasingly hard to balance its extensive commercial interests in Iran with its strong political ties to the US. Efforts to increase the participation of UAE nationals in the labour force will continue to be a government priority in 2008-09. - Export earnings are expected to increase by 34% to US$210bn in 2008, owing to higher oil prices. This, together with sustained expansion in the non-oil economy, will support strong real GDP growth of 8.3% in 2008. - The authorities remain committed to the current exchange-rate regime, despite high inflation and a weak US dollar throughout the outlook period and the obligation to adopt a pro-cyclical interest-rate policy. The fiscal position will remain healthy, and the trade and current accounts will continue to record large surpluses, in spite of rapid import growth. Source: http://www.economist.com/Countries/UnitedArabEmirates/profile.cfm?folder=Profile-Forecast