Pages

Top Menu

  • Blockquote

    Sed dignissim mauris nec velit ultrices id euismod orci iaculis. Aliquam ut justo id massa consectetur pellentesque pharetra ullamcorper nisl...

  • Duis non justo nec auge

    Sed dignissim mauris nec velit ultrices id euismod orci iaculis. Aliquam ut justo id massa consectetur pellentesque pharetra ullamcorper nisl...

  • Vicaris Vacanti Vestibulum

    Sed dignissim mauris nec velit ultrices id euismod orci iaculis. Aliquam ut justo id massa consectetur pellentesque pharetra ullamcorper nisl...

Burj Khalifa Dubai




Burj Khalifa

Burj Khalifa known as Burj Dubai prior to its inauguration, is a skyscraper in Dubai, United Arab Emirates, and is currently the tallest man made structure in the world, at 829.84 m (2,723 ft). Construction of Burj Khalifa began on 21 September 2004, with the exterior of the structure completed on 1 October 2009.



Burj Khalifa


  Burj Khalifa officially opened on 4 January 2010, and is part of the new 2 km2 (490-acre) flagship development called Downtown Dubai at the 'First Interchange' along Sheikh Zayed Road, near Dubai's main business district. The tower's architecture and engineering were performed by Skidmore, Owings and Merrill of Chicago, with Adrian Smith as chief architect, and Bill Baker as chief structural engineer. The primary contractor was Samsung C&T of South Korea.

Burj Khalifa
The total cost for the project was about US$1.5 billion; and for the entire "Downtown Dubai" development, US$20 billion. In March 2009, Mohamed Ali Alabbar, chairman of the project's developer, Emaar Properties, said office space pricing at  Burj Khalifa  reached US$4,000 per sq ft (over US$43,000 per m²) and the Armani Residences, also in  Burj Khalifa , sold for US$3,500 per sq ft (over US$37,500 per m²).

Burj Khalifa's completion coincided with the global financial crisis of 2007–2010, and with vast overbuilding in the country, led to high vacancies and foreclosures. With Dubai mired in debt from its huge ambitions, the government was forced to seek multi billion dollar bailouts from its oil rich neighbor Abu Dhabi. Subsequently, in a surprise move at its opening ceremony, the tower was renamed  Burj Khalifa , said to honour the UAE President Khalifa bin Zayed Al Nahyan for his crucial support.

Due to the slumping demand in Dubai's property market, the rents in the  Burj Khalifa  plummeted 40% some ten months after its opening. Out of 900 apartments in the tower, around 825 were still empty at that time.
Burj Khalifa Pic Gallery







0 comments:

Post a Comment