BERLIN, Feb 28, 2008 (AFP) - His Formula One career may be over, but seven-time world champion Michael Schumacher is showing no signs of slowing down his off-track activities as he is set to put his name to a skyscraper.

The 39-year-old quit full-time racing 16 months ago, but apart from a few stints as a test-driver for his old team Ferrari, Schumacher is showing he is just as quick in business as he is on the track.

According to a report in German tabloid Bild, Schumacher is set to make five million euros (7.5 million US dollars) as a property developer on the 29-floor office complex which will carry his name in Dubai, the United Arab Emirates.

Schumacher´s manager Willi Weber confirmed the deal to Bild and added all the office space had sold out within three days as the complex has views of Dubai´s premier hotel - the Burj Al Arab.

"The demand was enormous. Within three days all offices were sold," said Weber.

The Michael Schumacher Business Avenue, which will be a commercial and residential building, looks set to open in 2010.