12= Downtown Burj Khalifa
Project Overview
Named after the
world’s tallest skyscraper that lies at its centre, the Downtown Burj Khalifa project is located at the first interchange on Sheikh Zayed Road in Dubai.
The mixed-use development covers an area of 2 sq km previously used by the Dubai military and also includes The Dubai Fountain, Burj Park, Emaar Square and The Dubai Mall. Some elements of the scheme have already been completed, including the main tower, the mall and some residential buildings.
However, other parts of the scheme are currently on hold, such as the Standpoint Towers and Burj Place.
Project Analysis
Construction wages stable despite cutbacks
Pay has remained the same since the end of the region’s construction boom in 2008, but overheads have gone down, meaning overall costs have dropped
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Pick-up in project activity predicted across the Gulf
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Hotel sector in Dubai enjoys record year
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KIMMCO Sustainable Project of the Year 2012
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MEED top 100 listed companies 2012: Real estate
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Rewarding commitment to quality
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Doing business in Dubai
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Jeddah kilometre tower is a catalyst
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Gulf states create opportunity from a crisis
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Property interest gives sector confidence
Company Profiles
Company Announcements
MEED Events
Key Facts
Client: Emaar Properties
Sector: Real Estate
Stage: Execution
Budget: $20bn
Completion date: Q1 2020
Location: Dubai, UAE
News
Emaar receives bids for Greens towers
Developer is planning several new real estate projects in Dubai
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Emaar plans new Dubai projects as real estate outlook improves
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Emaar to build Cultural district in Dubai
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Emaar Properties to expand Dubai Mall
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Emaar to build Dubai Mall metro station pedestrian bridge
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Saudi Binladin wins contract to build world’s tallest tower
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Doha selects joint venture to build bank headquarters
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Binladin frontrunner for world’s tallest tower
Biographies
Prince Alwaleed bin Talal al-Saud
Prince Alwaleed bin Talal al-Saud is chairman, Kingdom Holding
George Efstathiou
One of Saudi Arabia’s planners and designers of the built environment
MEED Projects
