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A quick trading tip - To turn a profit from your investments in prediction shares, you do not actually have to wait until the arbitration date. Of course if you do wait, and the prediction is successful, you will receive 100 moolers per share — but quite often, it is possible for you to turn a good profit by selling your shares before the arbitration date.(more)



Prediction Profile

Prediction Name Height of Burj Dubai
Status Closed
Closed 2009-02-14 05:42:40
Created 2007-05-27 23:27:02
Category World
Symbol BURJ-DUBAI-776
Blog disucssion http://www.publicgyan.com/blog/?p=100
Initial Offering Price 30
Final Value 9
Prediction Description

The Burj Dubai is a skyscraper currently under construction in the "New Downtown" of Dubai, United Arab Emirates whose final height is kept a secret.

This scaled prediction will pay (height-800)/2, where "height" is the height in meters of the antenna/spire of Burj Dubai as of Dec 31, 2008.

If the height is greater than 1000 meters, the claim will return 100 Moolers and a height less than 800 meters would return 0 Moolers. The claim may be judged earlier if the tower is finished and occupied before the arbitration deadline.

More Info:

In February 2007, the Burj Dubai surpassed the Sears Tower as the building with the most floors in the world. As of 20 May 2007 the tower's height was 460.1 meters (1,510 feet), with 129 floors.(source)

The projected final height of the Burj Dubai is officially being kept a secret due to competition; however, figures released by a contractor on the project have suggested a height of around 808 metres (2,651 feet).Based on this height, the total number of habitable floors is expected to be around 162. However, on the project's official website, an interior graphic of an elevator panel shows floor numbers up to 195. (source)




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