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Emaar’s Burj Dubai is now 100 stories high

Author: Property World Middle East

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.

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




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