Burj Khalifa: The Apex of Global Skyscrapers
Estimated Value: $1.5 Billion
Developer: Emaar Properties
The construction of The Burj Khalifa, initiated in 2004 by Samsung C&T and designed by architect Adrian Smith and his team, represents a landmark achievement in engineering and architecture. Completed in just five years, this skyscraper stands at a staggering height of 2,716.5 feet, despite facing numerous challenges during its development.
The project encountered financial difficulties similar to those of other large-scale constructions. However, the intervention of UAE’s ruler, Sheikh Khalifa, with financial support ensured the completion of the project, which was subsequently named in his honor.
The Burj Khalifa has been well-received critically, garnering praise for its architectural design and structural innovations. Yet, it is the adjacent hotels, condominiums, and shopping malls in Downtown Dubai that have reaped the most financial benefits from the skyscraper’s presence, far surpassing the direct earnings from the building itself.
