Who owns most property in Burj Khalifa?

Who owns most property in Burj Khalifa?

The Burj Khalifa, also known as the Dubai Tower, is the tallest structure and building in the world. Located in Downtown Dubai, the Burj Khalifa stands at a height of 828 meters (2,722 feet) and has 163 floors. It is a symbol of Dubai’s wealth and extravagance, and its luxurious apartments are highly coveted by the world’s wealthiest individuals.

Ownership Structure of Burj Khalifa

The ownership structure of the Burj Khalifa is quite complex, with various entities and individuals owning different parts of the building. Here are the main stakeholders:

  • Emaar Properties: Emaar Properties is the main developer and owner of the Burj Khalifa. It is a Dubai-based real estate company and is responsible for the development and management of the building.
  • Government of Dubai: The government of Dubai also has a stake in the Burj Khalifa. It owns a significant portion of the building and its surrounding area.
  • Individual Owners: Many of the apartments in the Burj Khalifa are privately owned by individuals. These individuals include wealthy investors, businessmen, and celebrities from around the world.
  • Corporate Owners: Several corporations and businesses also own property in the Burj Khalifa. These include luxury hotels, restaurants, and retail outlets.
  • Who owns most property in Burj Khalifa?

Luxury Apartments in Burj Khalifa

The luxurious apartments in the Burj Khalifa are known for their opulence and breathtaking views of the Dubai skyline. The apartments feature high-end finishes, state-of-the-art amenities, and exclusive services for residents.

One of the most prominent and expensive apartments in the Burj Khalifa is the Armani Residences. Located on the lower floors of the tower, these apartments are designed by the renowned fashion designer Giorgio Armani. They offer unparalleled luxury and are a symbol of prestige.

Notable Owners of Burj Khalifa Apartments

Several notable individuals own apartments in the Burj Khalifa. Here are a few examples:

  • Mukesh Ambani: The chairman and largest shareholder of Reliance Industries, Mukesh Ambani, owns a luxury apartment in the Burj Khalifa. He is one of the richest individuals in the world and has a net worth of billions of dollars.
  • Cristiano Ronaldo: The world-famous football player Cristiano Ronaldo also owns an apartment in the Burj Khalifa. Known for his extravagant lifestyle, Ronaldo’s apartment offers him privacy and luxury.
  • Lalit Modi: Lalit Modi, the former chairman and commissioner of the Indian Premier League (IPL), owns a luxurious apartment in the Burj Khalifa. He is a prominent figure in the sports and entertainment industry.

In addition to these individuals, there are many other wealthy individuals, businessmen, and celebrities who own property in the Burj Khalifa. The building has become a symbol of luxury and status, attracting those who seek the pinnacle of opulence.

The ownership of property in the Burj Khalifa is a mix of individual owners, corporations, and the government of Dubai. With its luxurious apartments and breathtaking views, the Burj Khalifa continues to be a symbol of Dubai’s wealth and status. Its ownership by prominent individuals and businesses further adds to its allure and exclusivity.

This Indian businessman owns 22 apartments in Burj Khalifa