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Emaar’s Burj Dubai is now 100 stories high
Author: Property World Middle East
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Sears
Tower in Chicago (110 floors), Ryugyong Hotel in North Korea
(105), Empire State Building, New York (102), Taipei 101 (101)
and John Hancock Centre, Chicago (100) are the only other
structures in the world that are currently at 100 storeys or
more.
Emaar celebrated the momentous occasion with a special visit to
the 100th floor by Emaar Properties Chairman Mr Mohamed Ali
Alabbar; the company’s Board of Directors and the designer of
Burj Dubai, Mr Adrian Smith.
“Emaar is starting the New Year with a new milestone,” said Mr
Alabbar. “As one of only six super-tall structures in the world
with 100 storeys or more, Burj Dubai is already an international
landmark. The global attention on Burj Dubai is indeed a
spotlight on Dubai. The tower is a symbol of the city’s pride
and a statement of our arrival on the global scene as one of the
world-class cities.”
At
347.3 metres, Burj Dubai is one of only 38 structures in the
world that are 300 metres or more high. It is now higher than
three other super-tall structures in the region – the Burj Al
Arab (321 metres), Emirates Towers Hotel (309 metres) and
Kingdom Centre, Saudi Arabia (302 metres). Currently, only
Emirates Office Tower (355 metres) is taller than Burj Dubai in
the Middle East region.
To date, 242,000 cubic metres of reinforced concrete and 46,000
tonnes of reinforcing steel have been used in the construction
of Burj Dubai. The reinforced concrete needed to build Burj
Dubai is estimated to be equivalent to a sidewalk 1,900 km long.
The construction of 100 levels was completed in 1,093 days since
excavation work started in January, 2004. Work is on schedule
with one new level added every three days. Over 3,000 workers
are currently employed at the Burj Dubai site. Ten cranes and
the world’s fastest high-capacity construction hoists – with a
speed of up to 2 m/sec (120 m/min) - are used to move men and
material.
Burj Dubai is a designated freehold area where investors from
across the world can own a home or office in what will be ‘The
Address’ in Dubai. Investor response from across the world to
the sale of apartments and commercial spaces at Burj Dubai has
been overwhelming.
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Burj
Dubai is part of the AED 73 billion (US$20 billion) Downtown
Burj Dubai mixed-use project, and will have residences,
commercial spaces and recreational facilities apart from the
Armani Hotel Dubai, a luxury hotel developed by Emaar in
association with haute couture major Giorgio Armani S.p.A.
When completed, Burj Dubai will be the tallest building in the
world, fulfilling all the criteria of the Council on Tall
Buildings and Urban Habitat (CTBUH), which compiles and ranks
the world’s tallest buildings. CTBUH ranks buildings on the
basis of spire height, the highest occupied floor, roof height
and pinnacle height.
Designed by Chicago-based Skidmore, Owings & Merrill (SOM), Burj
Dubai is constructed by high-rise experts South Korea’s Samsung
Corporation. Turner Construction International is the project
and construction manager.
About EMAAR Properties PJSC:
Emaar Properties, the Dubai-based Public Joint Stock Company and
No, 1 real estate company in the world, is listed on the Dubai
Financial Market and is part of the Dow Jones Arab Titans Index.
The company has witnessed tremendous growth since its inception
in 1997 and boasts a rapidly growing tenant base with more than
13,000 homes handed over to satisfied customers to date.
Currently, it has several major real estate projects under
various stages of development in Dubai including Arabian
Ranches, Dubai Marina, Emirates Hills, The Views, The Meadows,
The Springs, The Lakes and The Greens. The company also owns and
manages the Gold and Diamond Park.
Emaar has started construction on its most ambitious project to
date, the Burj Dubai, which comprises the Burj Dubai - the
tallest tower in the world when completed in 2008, The Dubai
Mall, Burj Dubai Boulevard, The Lofts, The Old Town, The Old
Town Island, The Residences, Burj Views, man-made lakes,
landscaped parks and gardens. The company has joint ventures and
projects across the region covering Saudi Arabia, Egypt, Syria,
Morocco, Turkey, India and Pakistan.
Last year the award winning property developer announced plans
to aggressively expand the retail sector with investments of
over AED 15 billion (US$4 billion) to develop approximately 100
malls in the mega emerging markets of the Middle East, North
Africa and the Indian subcontinent. In addition, Emaar has
teamed up with Giorgio Armani S.p.A to build and manage 10
Armani hotels and resorts across the world; an Armani hotel will
feature in Emaar’s flagship Burj Dubai tower.
Recently the company also announced plans to expand its
investments into the education and healthcare business. The
education initiative will involve the establishment of
international schools in the MENA region and India, which will
offer premium quality education and an integrated curriculum for
students ranging from kindergarten to tertiary levels. Emaar’s
healthcare diversification will see the company invest around
AED 18.35 billion (US$5 billion) over the next decade in the
MENA and South Asia markets with the construction of hospitals,
clinics and medical centres and the investment in the provision
of world-class healthcare services.
While continuing to actively pursue expansion in its core
business of innovative, high quality real estate development,
Emaar has diversified into related business lines to further
build value for its 59,000 shareholders, which includes the
Government of Dubai. Emaar owns and manages EMRILL, a joint
venture with the UK-based Carillion which provides innovative
property and facilities management services. Emaar also holds 30
per cent equity in Dubai Bank, focused on retail and commercial
banking and is the majority shareholder in Amlak Finance, UAE’s
leading Islamic home financing company.
EMAAR Properties PJSC's contact details:
Phone: +971 4 367 3333
Fax: +971 4 367 3000
Website:
http://www.emaar.com