Property Costs in Burj Khalifa

Property Costs in Burj Khalifa

An 828-metre high Burj Khalifa is the embodiment of the ambitious spirit of the United Arab Emirates. Constructed and commissioned in 2010, the tower has held several world records for 13 years. Burj Khalifa is the tallest man-made structure, it has the highest number of storeys and the tallest service lift in the world. Burj Khalifa is the symbol of Dubai's luxury life. Everyone wants to have a look inside it and some are willing to spend a fortune to live there even for a few days. Scroll down to learn how expensive it is to live in Burj Khalifa.

About Burj Khalifa: Features and Amenities 

The skyscraper has 163 floors full of various amenities for its residents and guests. There are 4 swimming pools, one of them is on the 43rd floor, the other is on the 76th, and one more is on the roof. The latter is part of the Burj Club.

It's a 4-storey high-end gym with a tennis court and a spa. The Burj Club boasts a comfortable rooftop lounge with a pool and cafés offering brunches and barbecue sites. If you're looking for other ways to spend your leisure time, you may visit the Burj Khalifa's library on the 123rd floor or the cigar lounge on the 13th floor. 

Sky lobbies on the 43rd, 76th and 123rd floors are perfect for holding a meeting or other events.

The world's highest open observation deck is on the 148th floor of the Burj Khalifa tower, sitting 555 metres above ground. Go a bit down, and you'll find one of the world's highest restaurants, At.mosphere, on the 122nd floor. After having dinner, it'd be nice to visit the bar in the recreation area on the 154th floor. 

The Armani Hotel takes the first eight floors of the Burj Khalifa, featuring 160 rooms. The hotel offers a full range of private amenities for their guests, although the same can be found in other parts of Burj Khalifa. Hotel guests can enjoy a visit to a swimming pool, a library, a spa, a gym as well as round-the-clock room and concierge services. The 144 suites of Armani Residences take the floors from the 9th to the 16th in Burj Khalifa. Giorgio Armani has personally designed all of these 1- and 2-bedroom suites.

Photo: Ahmed Galal (Unsplash)

Properties in Burj Khalifa: How Many, How Big, and How Much? 

There's a wide range of real estate for sale in Burj Khalifa, from small studios to penthouses. Here's some useful statistics:

  • There are 900 flats in Burj Khalifa.
  • Residential housing occupies 90 floors of the skyscraper, from the 19th to the 108th.
  • There are 2,957 parking spots.

The Cheapest Flat

Prices for property in Burj Khalifa start at 1,700,000 AED ($463,000). This would be enough to buy a 50 sq. m studio. Some of the affordable flats even include a gym and a balcony with a hot tub.

The Most Expensive Flat 

Practically, there's no cap on property prices in Burj Khalifa. An average high-end penthouse costs about 17,000,000 AED ($4,900,000). However, in July 2022, someone bought a flat in Burj Khalifa for an all-time high price of $86,300,000.

A 417 sq. m unfurnished penthouse, selling for 17,000,000 AED ($4,900,000), includes the following:

  • 4 bedrooms,
  • 5 bathrooms,
  • 3 parking spaces,
  • private dressing rooms, and
  • a jacuzzi. 

You can also buy a full floor in Burj Khalifa with several flats for about 60,000,000 AED ($16,300,000).

Photo: ZQ Lee (Unsplash)

Downsides of Living in Burj Khalifa 

Some of the inconveniences of living in Burj Khalifa are common for all residents of any skyscraper. However, some of its downsides derive from the tower's location and status:

  • A complex system of floors and lifts. If you don't want to waste time getting from one part of the building to another, it's advisable to study the tower's plan, which includes 57 lifts and 163 floors.
  • A large number of people and constant noise. Burj Khalifa is the heart of Dubai and its symbol, so the hustle and bustle around and in it never stops. If you aren't a top floor tenant, be ready to live with regular music, water and light shows in front of the building and crowds of tourists.
  • High cost of living. Spending a fortune for a flat is only a start. Burj Khalifa residents must pay a service fee, which depends on the property's size. In some cases, the fee can be over 500,000 AED ($136,000) a year.
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 In a Nutshell

Anyone considering buying a flat in the Burj Khalifa district faces a crossroads. Some people prioritise having the best view of the city, while others prefer a view of the tower itself. Real estate agents offer amazing flats in nearby buildings for the latter group, where one can admire both the city's downtown and its iconic sky-piercing landmark.

Cover photo: Anthony Espinosa (Unsplash)

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