Burj Khalifa, located in Dubai, United Arab Emirates, is the tallest building in the world. As an iconic landmark, many wonder who the owner of this magnificent skyscraper is and the price tag associated with it. Let’s dive into the details and explore the ownership and price of Burj Khalifa.
The Owner of Burj Khalifa
The owner of Burj Khalifa is Emaar Properties, a Dubai-based real estate development company. Emaar Properties is one of the largest property developers in the UAE and is known for its high-profile projects, including Burj Khalifa.
Emaar Properties was founded in 1997 by Mohamed Alabbar and has since grown into a global property development company. The company is involved in various sectors such as residential, commercial, retail, and hospitality. Burj Khalifa, being one of their notable developments, showcases their expertise and commitment to creating architectural marvels.
Construction and Cost
The construction of Burj Khalifa began in 2004 and was completed in 2010. The total cost of building Burj Khalifa was approximately $1.5 billion. This massive investment demonstrates the ambition and vision of Emaar Properties to create a world-class landmark that would redefine the Dubai skyline.
Features and Height
Burj Khalifa stands at a staggering height of 828 meters (2,716.5 feet) with 163 floors. It boasts various features and attractions, including high-end residences, corporate offices, luxury hotels, and observation decks.
The observation decks, known as “At the Top” and “At the Top Sky,” offer breathtaking panoramic views of Dubai’s landscape. Visitors can enjoy the mesmerizing sight of the city’s skyline and beyond from these observation points.
Significance and Recognition
Burj Khalifa has gained worldwide recognition and has become a symbol of Dubai’s modernization and ambition. Its architectural design and engineering marvel have earned it prestigious accolades, including being recognized as the “tallest building in the world” by the Council on Tall Buildings and Urban Habitat.
Furthermore, Burj Khalifa has attracted millions of tourists from around the globe, making it a significant contributor to Dubai’s tourism industry.
The owner of Burj Khalifa is Emaar Properties, a renowned real estate development company based in Dubai. The construction cost of this iconic skyscraper was approximately $1.5 billion, reflecting the dedication and vision of Emaar Properties. Burj Khalifa stands tall as a symbol of Dubai’s ambition and has become a must-visit destination for tourists worldwide.