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FINANCIAL NEWS
Emaar says 80% of Burj Khalifa inhabited
04 Jul 2012
(MENAFN) Emaar Properties confirmed that Burj Khalifa, the world’s tallest building, is 80 percent occupied, despite falling property prices and rental rates at the iconic tower, Wall Street Journal reported.
The Dubai-based developer said that Burj Khalifa currently hosts more than 700 families, just two and half years after it was opened.
Property prices for luxury apartments in the tower dropped to USD571 per square foot, while experts attributed the fall to high service charges and distressed sales.
Burj Khalifa saw property prices in Dubai more than halve months after its launch in 2010, hit by the global financial crisis.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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