Who owns most of the flats in Burj Khalifa? Find out here!
Burj Khalifa is one of the most iconic skyscrapers in the world, soaring 828 meters above ground level, and standing as the tallest building in the world. The magnificent tower has become a symbol of Dubai’s luxury and modernity and is home to some of the world’s most luxurious apartments and flats. But who owns all of these flats? Who has the distinction of living in the world’s tallest building? The answer may surprise you.
According to recent reports, the majority of the flats in Burj Khalifa are owned by the royal family of the United Arab Emirates. The royal family of the UAE is made up of the ruling family of Abu Dhabi and the ruling families of Dubai and other emirates. The royal family owns a staggering 50% of the apartments in Burj Khalifa, making them the single largest residential landlord in the world. The remaining flats are owned by private individuals.
Most of these private owners are wealthy investors and entrepreneurs, who have benefited from the booming real estate market in Dubai. The royal family’s ownership of Burj Khalifa is a testament to their immense wealth and power. They have been able to secure the top floors of the iconic tower and have made it their private domain. In fact, the royal family recently opened a private lounge on the 124th floor of the building, giving them exclusive access to the stunning views of Dubai and the surrounding emirates.
The royal family’s ownership of Burj Khalifa is a reminder of the immense wealth and power that the ruling family of the UAE has. While the rest of the world may look on in awe at the stunning views from the tower’s top floors and marvel over the luxurious flats that are owned by the royal family, the bottom line is that the majority of the flats in Burj Khalifa are owned by the ruling family of the UAE.
The majority of the flats in the Burj Khalifa are owned by a few private investors, including some of the wealthiest individuals on the planet. According to The National, a UAE-based news outlet, the majority of the apartments are owned by Emirati royal family members, including Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Sheikh Mohammed bin Rashid Al Maktoum and Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum.
Other notable investors include Saudi investors, businessmen from the UAE, Kuwait and Qatar and even some international businessmen. These investors have made huge investments in the Burj Khalifa, and some of them have even purchased multiple units in the building. For example, Saudi billionaire Prince Alwaleed bin Talal has owned five units in the tower since its launch in 2010 and there are reports that he is looking to expand his portfolio.
So, there you have it – some of the world’s wealthiest people own most of the flats in the Burj Khalifa. Who knows, it may even be possible for you to join their ranks one day!
