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Well for that price Emirates makes you typically spend a night or part of a night at the Dubai airport.
I rather spend a few hundred bucks more and go non-stop.
That never appealed to me
I know people who have used this deal more effectively. Earlier it used to be even better. If u take a flight from Germany to Chennai (India) on Friday (Not sure whether it was thursday or friday) then the connection flight from Dubai to India had a 20 hour stop over. U get 5star accommodation and in the 20 hours friends of mine took a taxi around Dubai. For 4 of them they ended spending about 60€ totally for the taxi and ended up having a good time around in the city. So, that was a cheapest and yet very good option to go around Dubai.
Secondly, I have flown Emirates and its one of the best airlines that i have used. Personal entertainment system, good food and great service. And more important, for us students Emirates offers 35-40 kgs baggage allowance.
(P.S.) 5 of my friends have already booked tickets to India for this December. @ 491€, no 30 day limitation, 35-40kgs baggage allowance, its a steal.