Dubai will now also have a pearl of its own! High-profile collaboration between Singapore Sotheby’s International Realty and the 20 million sq ft Dubai Pearl makers will see funds up to $3.5billion pumped into the luxury project. The building will house 9,000 penthouses, and an active business center for 12,000 is said to be ready in 2013. It will also include a performing arts theater to seat 2,000, six 5-star hotels, namely a Bellagio, Baccarat, and an MGM Grand. The project’s idea is to create a city inside a city kind of a modern set up.