Who paid to build Burj Khalifa?

It was renamed in honour of the ruler of Abu Dhabi, Khalifa bin Zayed Al Nahyan; Abu Dhabi and the federal government of UAE lent Dubai tens of billions of US dollars so that Dubai could pay its debts – Dubai borrowed at least $80 billion for construction projects.



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Shetty is in the very rare category of ultra-rich people able to own flats in the iconic Burj Khalifa in Dubai. It is the tallest skyscraper in the world, and the Indian businessman flaunted his wealth by buying all the units on the 100th and 140th floors, according to The Economic Times.

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Indian businessman George V. Nereaparambil is the very man who owns more than his fair share of the 900 apartments in the Burj Khalifa. Do you have a good success story happening in the UAE to share? Send it to us, we would love to hear them!

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Protecting a National Asset: Burj Khalifa Towers with a 100 Year Design Life! Standing 828 meters (2,717 feet) tall and boasting more than 160 stories, Burj Khalifa is the world's tallest structure: a single tower that will eventually house 12,000 people.

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The estimate average salary for Burj Khalifa employees is around $68,594 per year, or the hourly rate of Burj Khalifa rate is $33. The highest earners in the top 75th percentile are paid over $76,424.

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The Burj Khalifa is home to over 900 residential units and can hold up to 10,000 people at any given time. As well as private residents, it houses businesses ranging from real estate to construction firms, Armani hotels, offices, and fine dining.

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A one-day room in the Burj Khalifa Tower can cost anywhere from $800 to $1500 per night, depending on the time of year and the type of room. The prices may also vary depending on the location of the room within the building.

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Over 45,000 m3 (58,900 cu yd) of concrete, weighing more than 110,000 tonnes were used to construct the concrete and steel foundation, which features 192 piles buried more than 50 m (164 ft) deep.

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The world's most prestigious address is home to a select few. With 900 residences including studios and one, two, three and four-bedroom apartments, The Residence, Burj Khalifa are designed for the connoisseur.

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The Burj Khalifa has 163 floors – a record for the most floors in a building – with 900 residences spread over levels 19-108. Studio apartments can sell for around AED 2 million (£448k; $544k), whilst a four or five-bedroom penthouse could set you back over AED 100 million (£22m; $27m).

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A one-day room in the Burj Khalifa Tower can cost anywhere from $800 to $1500 per night, depending on the time of year and the type of room.

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Take the world's tallest building, the Burj Khalifa in Dubai. It's impressive at 828 metres tall, but nearly a third of that (29%) is unoccupiable, according to the Council on Tall Buildings and Urban Habitat.

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Burj Khalifa will soon lose its title of the world's tallest building. Work has begun again on Saudi Arabia's Jeddah Tower, also known as Kingdom Tower, which will surpass the height of the iconic building in Dubai once it's fully constructed.

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1 October 2009: Emaar announces that the exterior of the building is completed. 4 January 2010: Burj Khalifa's official launch ceremony is held and Burj Khalifa is opened. Burj Dubai was renamed Burj Khalifa in honour of the President of the UAE and ruler of Abu Dhabi, Sheikh Khalifa bin Zayed al Nahyan.

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The price of flats in Burj Khalifa depends on their size. The studio's average sale price is AED 1,700,000, while the apartments are for AED 2,500,000. Furthermore, for penthouse seekers, the sale price for this type is AED 17,999,999.

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