The Burj Khalifa, the tallest building in the world, is primarily owned by Emaar Properties, a prominent real estate development company based in Dubai. Emaar Properties, a public joint-stock company, is known for its significant role in transforming Dubai’s skyline. The company holds the majority stake in this iconic skyscraper, making it a central asset in their portfolio.
Who Owns the Burj Khalifa?
The ownership of the Burj Khalifa is primarily attributed to Emaar Properties, which is a leading real estate developer in the United Arab Emirates. Emaar Properties is publicly traded on the Dubai Financial Market and has a diverse range of projects worldwide, but the Burj Khalifa stands out as one of its most prestigious developments.
What is Emaar Properties?
Emaar Properties is a multinational real estate development company based in the UAE. It was founded in 1997 and has since become one of the most valuable and respected real estate developers globally. Emaar is renowned for its innovative approach to urban development and has a broad portfolio that includes residential, commercial, and hospitality projects.
- Founded: 1997
- Headquarters: Dubai, United Arab Emirates
- Key Projects: Dubai Mall, Dubai Marina, and Downtown Dubai
Why is Emaar Properties Important for Burj Khalifa?
Emaar Properties played a crucial role in the conceptualization, financing, and construction of the Burj Khalifa. As the primary developer, Emaar was responsible for bringing together a team of world-renowned architects and engineers to create what is now an iconic symbol of modern architecture.
- Architectural Design: Skidmore, Owings & Merrill
- Construction: Began in 2004, completed in 2010
- Height: 828 meters (2,717 feet)
How is the Burj Khalifa Funded?
The funding for the Burj Khalifa came from a combination of Emaar’s own resources and external financing. The total cost of the project was approximately $1.5 billion. Emaar’s ability to secure funding was supported by Dubai’s economic boom in the early 2000s, which attracted significant investment into the region.
- Total Cost: Approximately $1.5 billion
- Financing: Emaar’s resources, bank loans, and investments
What Makes the Burj Khalifa Unique?
The Burj Khalifa is not only the tallest building in the world but also a marvel of modern engineering and design. Its construction involved some of the most advanced building technologies and materials.
- Height: 828 meters
- Floors: 163
- Construction Materials: Steel, concrete, aluminum, and glass
Features of the Burj Khalifa
| Feature | Details |
|---|---|
| Height | 828 meters (2,717 feet) |
| Total Floors | 163 floors |
| Elevators | 57 high-speed elevators |
| Observation Deck | Located on the 148th floor |
| Residential Units | 900 private residences |
The Burj Khalifa also hosts luxury hotels, corporate suites, and observation decks that offer panoramic views of Dubai.
People Also Ask
How Tall is the Burj Khalifa Compared to Other Buildings?
The Burj Khalifa stands at 828 meters, making it significantly taller than other skyscrapers such as the Shanghai Tower (632 meters) and the Abraj Al Bait Clock Tower in Mecca (601 meters). Its height is unrivaled, making it a landmark in architectural achievement.
What is Inside the Burj Khalifa?
The Burj Khalifa houses a mix of residential, commercial, and hospitality spaces. It includes luxurious apartments, corporate offices, the Armani Hotel, and observation decks that attract millions of tourists annually. The building is designed to be a self-contained vertical city.
How Much Does it Cost to Visit the Burj Khalifa?
The cost to visit the Burj Khalifa varies depending on the observation deck and time of visit. Tickets for the lower observation deck on the 124th floor start at around $40, while the premium experience on the 148th floor can cost upwards of $100. Prices may fluctuate based on demand and season.
Who Designed the Burj Khalifa?
The architectural design of the Burj Khalifa was led by Adrian Smith of Skidmore, Owings & Merrill, a Chicago-based architecture and engineering firm. The design is inspired by Islamic architecture and the desert flower Hymenocallis, contributing to its unique and elegant silhouette.
What is the Purpose of the Burj Khalifa?
The Burj Khalifa serves multiple purposes, including residential living, office space, and tourism. It is a symbol of Dubai’s rapid development and ambition, attracting millions of visitors each year while providing luxury accommodations and business facilities.
Conclusion
The Burj Khalifa is a testament to human ingenuity and architectural prowess, owned primarily by Emaar Properties, a leader in global real estate development. Its towering presence not only defines Dubai’s skyline but also symbolizes the city’s ambition and innovation. Whether you’re interested in its impressive height, luxurious amenities, or architectural design, the Burj Khalifa continues to captivate people worldwide. For more insights into Dubai’s architectural wonders or Emaar’s other projects, explore related topics like the Dubai Mall or the Dubai Marina.
