Top Facts about Burj Khalifa in Dubai

Top Facts about Burj Khalifa in Dubai

Facts:

The monument, which measures 160 m (520 ft.), is the tallest tower in the world, as well as the highest existing hotel in the world. The tower is over 328 meters (1,050 ft.) high, to be distinguished from its neighbor (twin), the second Burj Khalifa, which measures 240 m (790 ft.) tall and is the world’s second tallest skyscraper. This is a luxury property in Dubai. Burj Khalifa is nicknamed the Big One because it has a total floor space of 360,000 square meters (3.5 million sq. ft.), of which 270,000 sq. m (3.8 million sq. ft.) is for convention space. The tower covers a total surface area of 28,600 m2 (341,973 sq. ft.). It consists of 330 elevators, and 22 air conditioned decks, and has a total of 534 elevators. As a result of the weight of the materials that were used during its construction, the tower can be seen during high tides. The Burj Khalifa was built in less than 11 months and has more than 300 lifts. The tower has 100 floors, with the 80th and 90th floors being the highest. When completed, the building stood as the tallest building in the world, with two other similar skyscrapers in great Dubai and Hong Kong. Burj Khalifa was officially opened to the public on 24 February 2010.

The colossal 553-foot supertall skyscraper of the Burj Khalifa, Dubai’s premier, super luxury and ultra-mega-watt city-scape is based on the ancient Persian epic poem of the same name and stands as the tallest building in the world. Forbes named the Burj Khalifa as the world’s most expensive residence. It is a luxury apartment in Dubai. Located in Dubai’s historic, iconic city center on Dubai’s waterfront with close proximity to the iconic Palm Jumeirah archipelago, Burj Khalifa is a replica of the Tower of Babel and also boasts what Forbes describes as the largest curved screen on the planet.

The luxury Burj Khalifa hotel is owned and operated by Dubai Properties (although the hotel is managed by The J.W. Marriott Group), and has 94 rooms, suites, and villas. The hotel is located on the 79th floor, on the summit of the tower. There are also 27 additional rooms located on two floors beneath the 79th floor, making the overall hotel room count an impressive 298 (including the 78 suites and 25 villas), of which 60 are still unoccupied.

Dubai property boom:

The remarkable property boom in Dubai is arguably the world’s biggest property story and Burj Khalifa has a prime position in property-related luxury destinations within the Arabian Peninsula and the wider region. Forbes credits the Burj Khalifa with generating close to $3 billion in luxury property transactions in 2012, bringing the total residential property transactions to over $22 billion, and making Dubai one of the world’s leading cities for luxury real estate. Additional property news in great Dubai. Burj Khalifa offers the ultimate luxury lifestyle.

Bechtel Building Dubai:

The world’s tallest building – the Burj Khalifa – is now the tallest building in Dubai. This building is very beautiful due to its one of the famous name. This building is the luxury property in Dubai.

The Queen’s Bridge:

The Queen’s Bridge is a 100-metre bridge that carries a road over the new transit bridge connecting the Ibn Battuta Mall and the neighboring Ibn Battuta Mall and Dubai Marina, with direct access to the Dubai Financial Market.

Five star hotels in Dubai:

Learn about the five star hotels in Dubai. Dubai’s best hotels. Get your hotel review in Dubai

  • Khalifa Tower
  • Burj Khalifa in Dubai
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DWC Construction:

Dubai Construction Corporation (DWC) is a Dubai Government investment company, founded in 1969 and based in Dubai. DWC provides its shareholders, which includes the Government of Dubai, a range of expertise in the fields of infrastructure and real estate to support the development of the Dubai Government’s economic diversification plans and achieve sustainable growth. DWC currently holds more than 220 land concessions in Dubai.

Dubai World Centre:

The Dubai World Centre is a vast shopping and leisure development in the south-west of Dubai, adjacent to Burj Khalifa and close to the Dubai Marina, with a total area of 30 million square meters. Having fallen by almost 20% from their highs earlier this month, Dubai real estate prices continue to slide and now prices in Dubai, have joined those of nearby Qatar in falling to new lows. It is the most luxury property in Dubai. The average property price across all regions of great Dubai fell to 872 million UAE dirhams in June, down 17% from a year earlier and the lowest in more than five years. After a peak in 2008 of 2.2 billion UAE dirhams ($630 million), prices fell to a low of 472 million UAE dirhams ($150 million) in October 2011, with prices further falling before stabilizing around 1.3 billion UAE dirhams ($400 million) in May 2014, according to the great Dubai Land Department.

Conclusion:

On February 28, 2014, Dubai real estate prices started to weaken again and fell by 10% in a single day, and fell by almost 20% since the start of the year, despite prices being in a period of upward trend in October, November and December. Rental rates in Dubai also fell sharply in February, despite increasing by 1.2% in January, according to data from the Dubai Land Department.

 

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