Property in Burj Khalifa
Property in Burj Khalifa is available for foreigners to purchase for both investment and permanent residence. This prestigious housing, in one of the world's most famous buildings, is located in an area listed as a freehold zone. The skyscraper was designed by the developer Emaar Properties. The building was under construction for six years and was completed in 2010.
The 828-metre-tall skyscraper has 163 floors. This tallest building in the world is located in the central district of Downtown Dubai and is a trademark of the UAE. Highly sought-after real estate in Dubai can be found here. There are also many entertainment facilities, shops and offices in the building. On the 124th floor is an observation deck overlooking the Dubai skyline.
The tower is unique, both in height and design. The shape of the building resembles a desert lily. Innovative technologies were used in the construction, making a building of this height resistant to atmospheric phenomena. Double-layer glass walls with special glazing protect the façades from the sun. The smooth architectural geometry of the lines, with no sharp corners, ensures that the wind is reflected off the building and doesn’t enter the apartments.
Increased attention has been paid to fire safety in the design. In addition to a state-of-the-art fire extinguishing system, fire shelters are located between the floors. This approach, combined with centralised management of all the internal systems of the skyscraper, makes living in the building as safe as possible.
Studios and one- to four-bedroom residences are available in the complex. Prices for properties in Burj Khalifa, based on the listings, are roughly as follows:
- 1-bedroom flats are available at AED 1.9 million (USD 517,500)
- Two-bedroom residences start at AED 3.9 million (USD 1 million)
- Cost of properties in Burj Khalifa with 3 bedrooms start at AED 6 million (USD 1.63 million)
Buying an apartment in Dubai at the Burj Khalifa is also beneficial due to the wide range of amenities for residents. Among the benefits of the on-premises infrastructure are the following:
- 4 swimming pools, including an infinity pool with stunning views;
- several restaurants;
- fitness club;
- supermarkets;
- library;
- art gallery;
- 5-star Hotel Armani with spa.
Also, the housing in Burj Khalifa is within walking distance of the largest shopping centre in the city, the Dubai Mall, where you can find global brand shops, as well as an ice arena, an oceanarium and a cinema.
Property investment in Burj Khalifa
Despite the building being completed over 10 years ago, the property price in Burj Khalifa, Dubai, remains consistently high. The real estate market of the metropolis is solid, housing is in demand and investors can always resell the property later at a higher price. Expats can apply for a residency visa when buying a flat in this building, offering an opportunity to relocate to the UAE.
Businessmen can earn a steady income by renting out apartments. The profitability ratio (ROI) of housing depends on the number of bedrooms. One-bedroom residences have the highest ROI, reaching 6% annually. Rents range from AED 115,000 (USD 31,000) to AED 900,000 (USD 245,000) annually.
Buy property in Burj Khalifa on Dubai-Property.Investments
The catalogue contains apartments and villas in Dubai. The best offers from developers and real estate agencies are regularly updated. A convenient search system allows you to select the type of property you are interested in by location, area and number of bedrooms. Information about the prices in rubles, euros, and dollars is also available. Our brokers are ready to advise you in any foreign language and provide qualified support for your property registration in Dubai Land Department.
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