How much did Burj Al Babas cost?

The town of Burj al Babas is a major example of an investment gamble that badly fell apart, after a $200 million luxury development was left abandoned and bankrupt. The plan was proposed by the Yerdelen brothers, aiming to create a luxury town for wealthy foreigners to buy up property.



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They opted for an Arabic name for the project – 'Burj' means 'tower' or 'turret' in the language, while 'Al Babas' refers to a renowned spa in the region.

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Does anyone live in Burj Al Babas? All 732 castles are sitting empty. Quite a few of the grand villas were started but not finished, with only about 583 actually completely built.

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Sarot went big with its next idea: Burj Al Babas, a collection of luxurious holiday homes catering to wealthy Arab clients. There would be an opulent Turkish bath, a shopping and entertainment center, and more. Right away, the development drew fierce opposition from several groups of Mudurnu residents.

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From afar, the castles look like something out of a Disney movie with 587 half-finished mini castles. Created by the Sarot Group, the development project intended to give Europeans an option that wasn't Spain or South France.

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Burj Al Babas is a housing development project owned by Istanbul construction entrepreneurs The Yerdelen brothers. The project involved the construction of 732 three-story luxury villas, all very similar to each other and characterised by elements of Gothic, English and American architecture.

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The place is called Burj Al Babas and it's a ghost town consisting of half-completed mini-castles that were apparently inspired by French châteaux. There are currently nearly 600 of the palaces, though there were supposed to be more than 700.

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Whilst the exact number is not known, experts have estimated that Germany is home to over 20.000 castles. From castles that look like they come straight out of a fairy tale to medieval fortresses with moats, Germany features some of Europe's most impressive castles and palaces.

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It is developed and managed by the Jumeirah hotel company. Burj Al Arab is located on an artificial island 280 meters (920 feet) from Jumeirah Beach, with a private curving bridge connecting it to the mainland.

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There are six Disney castles in total, one at each of the resorts globally: Sleeping Beauty Castle at Disneyland Resort. Cinderella Castle at Walt Disney World Resort. Cinderella Castle at Tokyo Disneyland.

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