Buy Property in Burj Khalifa

The Burj Khalifa in Dubai is one of the most famous structures in the United Arab Emirates, the Middle East, and the world. With a height of 828 meters and 163 floors, the Burj Khalifa claimed the title of the world's tallest building in 2009 after surpassing the record held by the Taipei 101 in Taiwan, which had 101 residential floors. This colossal tower has managed to retain this title until today! If you're also interested in buying a home in Burj Khalifa and living in it, you can read this comprehensive article by Niwooi regarding purchasing property in Burj Khalifa to become familiar with the details of buying a home in Burj Khalifa. Stay with Niwooi for more.

History of Burj Khalifa

The Burj Khalifa is recognized as one of the wonders of contemporary architecture that captivates you at first glance. The engineering masterpiece of Burj Khalifa has successfully blended the traditional values and culture of the United Arab Emirates with advanced and modern technology, encouraging many investors to Buy Property in Dubai. This incredible and astonishing structure is located on Sheikh Mohammed Bin Rashid Boulevard in the Downtown Dubai neighborhood.

The decision to build Burj Khalifa in Dubai was made in 2004 with the goal of diversifying from reliance on the oil industry and boosting Dubai's tourism. The construction of this tower concluded in 2009, and up until that time, it was referred to as the Dubai Tower or Dubai Tower. However, in 2010, during its inauguration and unveiling, the name was changed to Burj Khalifa by Dubai's ruler, Mohammed bin Rashid Al Maktoum, (also known as the modern architect of Dubai) in honor of the then-ruler of the UAE, Sheikh Khalifa bin Zayed Al Nahyan.

The total construction cost for both the exterior and interior of Burj Khalifa is estimated to be around $1.5 billion. Burj Khalifa stands as a symbol of Dubai's economic progress in the real estate sector and its global impact. For this reason, purchasing an apartment or penthouse in Burj Khalifa, Dubai, has become a popular choice for investors, entrepreneurs, and well-known figures in sports and the arts.

Features of Burj Khalifa in the UAE

The Burj Khalifa was constructed in collaboration with an international team of top engineers and architects using advanced technologies and high-quality materials. Below are some of the features of Burj Khalifa:

• The unique design of Burj Khalifa Dubai was created by Adrian Smith, one of the world's leading architects. Smith drew inspiration from elements such as Islamic architecture and geometry. The designers of Burj Khalifa have masterfully combined the culture of the UAE with modern architecture.
• The highest part of Burj Khalifa offers a panoramic view of the entire city.
• In addition to holding the record for the world's tallest structure, this skyscraper also holds the record for the highest restaurant in the world.
• Burj Khalifa features the world's fastest elevator, reaching a speed of 64 kilometers per hour. This means you can reach the 124th floor in the blink of an eye!
• This beautiful structure is visible from any point in Dubai, approximately 95 kilometers away, without the need for a camera.
• The world's second-highest swimming pool is located on the 76th floor of the Dubai Tower.

Buying a Home in Burj Khalifa Dubai Conditions

Up to this point in the article, we've observed that Burj Khalifa Dubai, renowned as the marvel of the century, is one of the most flawless commercial-residential projects in the world. This has made buying a home in Burj Khalifa Dubai so popular among both foreign and individuals. Some points to consider when purchasing a home in Burj Khalifa Dubai are as follows:

Consultation

If you intend to buy property in Burj Khalifa Dubai, the first step you should take is to consult with a reputable and knowledgeable real estate consultant to discuss the process and details. This step may seem easy, but if not taken with the necessary care in selecting a qualified consultant, you might end up seeking advice from individuals who lack expertise and credibility, potentially leading to misguided decisions. For this reason, taking the first step requires more thorough consideration.

Legal and Financial Assessment

Legal and financial assessments of the property constitute the second step when purchasing a home in Burj Khalifa Dubai. This assessment includes documentation of ownership, legal status of the property, financial verifications, and more. Typically, this step is carried out by a reputable real estate consultant specialized in purchasing property in Dubai.

Contractual Terms

One of the common steps taken before purchasing property worldwide is to review and understand the contractual terms and conditions, including the purchase price, payment terms, seller's commitments, legal conditions, and more. This must also be checked for purchasing property in Burj Khalifa. In the following section, we'll delve into one of the most important conditions, which is the purchase price of a home in Burj Khalifa Dubai.

Buying Price of Homes in Burj Khalifa Dubai

In general, the buying price of homes in Burj Khalifa Dubai is variable and influenced by numerous factors. Some of the factors affecting the price include changes in square footage, the number of bedrooms, the floor on which the property is located, amenities, and more. To help you understand the impact of these factors on the buying price of homes in Burj Khalifa Dubai, we will provide the average prices for different types of units, allowing you to become more familiar with the differences:

Penthouse Price in Burj Khalifa

The unique penthouse of Burj Khalifa Dubai is situated on the highest floor of the tower at an elevation of 665 meters. The view from this unit is among the most beautiful parts of the tower, offering an unparalleled panoramic view of Dubai. The estimated price for the Burj Khalifa Dubai penthouse is around $13.6 million.

Unit Price in Burj Khalifa

The average unit price in Burj Khalifa varies from AED 2 million to over AED 25 million.

Rental Price in Burj Khalifa

The rental price in Burj Khalifa generally depends on factors such as the unit's square footage, floor level, amenities, and more. On average, the rental price in Burj Khalifa Dubai can range from AED 70,000 to over AED 1 million per year.

Interesting Facts About Burj Khalifa Dubai!

• Celebrities such as Prince William and his wife, Kim Kardashian, Lionel Messi, and more are just a few examples of famous individuals who have visited Burj Khalifa.
• Notable figures like Tom Cruise, Victoria and David Beckham, Giorgi Ruchchuk (a world-famous tennis star), and others have purchased homes in Burj Khalifa.
• Similar to many skyscrapers around the world, the price of each unit in Burj Khalifa Dubai varies based on the type of floor.
• Millions of tourists from all over the world visit Burj Khalifa each year.
• This iconic tower has attracted investors and notable individuals worldwide to consider buying homes in Burj Khalifa Dubai.
• Every year during the New Year celebration, a magnificent fireworks display is held at Burj Khalifa, attracting around 2 billion viewers worldwide.
• The daily water consumption of the tower is 250,000 gallons, and the electricity consumption is equivalent to that of 360,000 100-watt light bulbs, all of which are lit simultaneously.
• The tower's restaurant menus are curated by some of the world's most renowned chefs, and only fresh and high-quality ingredients are used in the dishes.

Who is the Owner of Burj Khalifa Dubai?

Burj Khalifa was constructed by the Emaar company, one of the largest real estate developers in the UAE. The company was founded by Mohamed Alabbar, one of the most prominent entrepreneurs and figures in the UAE. Emaar has undertaken extensive projects on a global scale, with Burj Khalifa Dubai being one of its most successful endeavors. You can see a photo of the owner of Burj Khalifa below.

Structure and Design of Burj Khalifa

Since the beginning of the construction of Burj Khalifa, significant changes were made to its design and overall construction process. Initially, the tower was intended to be a purely residential complex with 73 floors. However, subsequent design changes led to Burj Khalifa setting several world records!

This structure is one of the most resilient in the world, drawing inspiration from the former East Berlin Presidential Palace and the former East German Parliament building. Moreover, renowned architectural and design firms like SWA and the American firm Skidmore, Owings, Merrill (SOM) played pivotal roles in the architecture and construction of Burj Khalifa.

The interior designs of Burj Khalifa draw inspiration from elements found in nature. Interestingly, the designs of the upper and lower floors of the tower resemble different features of the Earth. For instance, the upper floors offer a view of the sky, mirroring the skies of Earth.

The external design of Burj Khalifa is inspired by the Hymenocallis flower. The tower's columns spiral upwards, reducing the tower's diameter and ultimately forming the shape of the letter Y. This design maximizes the absorption and reflection of natural sunlight into the tower. Notably, the external facade of this structure, covering an area of 120,000 square meters, consists of 24,000 solid glass panels, requiring maintenance and cleaning that takes 60 to 100 days to complete.

Floors and Facilities of Burj Khalifa

The middle floors of Burj Khalifa include restaurants, office spaces, residential units, and lobbies. At the topmost floors of the tower, there are unique open spaces where you can get a 360-degree view of Dubai. These spaces are located on floors 125 to 148 and can be accessed using dedicated elevators.

You cannot directly access the observation decks from the building's entrance, as this area is reserved for tower staff, apartment residents, and hotel guests. If you're a tourist visiting Burj Khalifa, you'll need to go to the Dubai Mall's lower level to find your way to the entrance of the observation decks through directional signs.

The exterior of the tower is surrounded by green spaces, musical fountains, an artificial lake, relaxation platforms, restaurants, shopping centers, and pedestrian walkways.

Hotels in Burj Khalifa Dubai

As mentioned earlier, residents of Burj Khalifa include not only those who have purchased apartments in the tower but also luxurious hotels for accommodation. Here are some of the prominent hotels in Burj Khalifa:

Armani Hotel

The Armani Hotel in Burj Khalifa offers a unique design style that provides an ideal stay experience for its residents.

Suites

The Armani suites are located on the 38th and 39th floors of Burj Khalifa. These suites feature facilities such as the Burj Khalifa bathroom, a restroom, and more. A unique suite with an area of 390 square meters is situated on the 39th floor, personally designed by Giorgio Armani.

Armani Residence

This section of the hotel occupies floors 9 to 16 and is designed by Giorgio Armani, showcasing his unique style, sophistication, and personal philosophy. The accessories in this part of the hotel are equipped with the finest interior decoration equipment.

Burj Khalifa Entry Tickets

Burj Khalifa entry tickets include both VIP and regular options. On the 124th floor, also known as the At The Top observation deck, you can use the built-in cameras to get a detailed view of Dubai. Tickets for this section range from 125 to 500 dirhams.

The tickets for the world's highest sky lounge, which includes floors 154, 153, and 152, start from 769 dirhams and offer a VIP experience. There are four types of tickets for the observation decks, ranging from 169 to 399 dirhams. Depending on the type of ticket purchased, you can explore different levels and the Dubai Aquarium.

In addition, various tour tickets are available for tourists, such as the Dubai Opera Architecture Tour (starting from 75 dirhams), the Dubai Opera Backstage Tour (starting from 95 dirhams), the Dubai Fountain Show (starting from 20 dirhams), and the Sky Views (starting from 80 dirhams). Moreover, every year, various seasonal offers are provided to attract tourists, offering a great opportunity to visit this incredible human-made marvel.

The Story of the National Bank Property in Burj Khalifa!

The news about the National Bank property in Burj Khalifa attracted a lot of attention recently (creating quite a buzz!). But what's the truth behind this news? The National Bank property in Burj Khalifa has actually been transferred to the bank due to the recovery of a debt under legal supervision.

Companies Involved in Building Burj Khalifa Dubai

Burj Khalifa was constructed by Emaar Properties, one of the most renowned real estate development companies in the UAE. Turner Holdings, the project manager of the Burj Khalifa, along with Arabtec Group, Belgian firm Besix, and the Emirati-based Arabtec Construction, in collaboration with the South Korean Samsung C&T Corporation, were among the other major contractors for this immense structure.