Burj Khalifa District
The Burj Khalifa District’s cost of living is higher than other parts of the city, due to its exclusive location, luxurious amenities, and unique views of the dancing fountains and the world’s tallest skyscraper.
One of the most ambitious projects in the district is a new luxury residential complex called IL Primo by Emaar, which will soon be ready to welcome residents. This 77-storey skyscraper is located within walking distance of Burj Khalifa and the Dubai Fountain. There are 119 residences in the building, and apartments feature floor plans with four to six bedrooms. Luxury penthouses are available on the top floors of the tower. All units have spacious terraces, Smart Home systems, and floor-to-ceiling panoramic windows overlooking Burj Khalifa, the Dubai Opera, and the Dubai Fountains. Residents have access to special audio equipment which is integrated with the Dubai Fountains, so residents can enjoy the water and music shows from the comfort of their home. Additional onsite amenities include a spa, sauna, cinema, cigar lounge, and golf simulator, as well as swimming pools, gyms, restaurants, and retail stores. Prices for four-bedroom apartments start at AED 16,295,000 (USD 4,435,000), and the price for a penthouse with five bedrooms starts at AED 46,320,000 (USD 12,600,000).
*The price is valid for 2022
Another popular off-plan project in the Burj Khalifa District is the Address Residences Dubai Opera. Developed by the same company, this complex is under construction and consists of two residential towers; one with 64 floors and another with 56 floors. The towers are connected by a common podium that will house retail stores and entertainment areas. The project includes more than 800 apartments. Each unit will have panoramic windows with views of the Dubai Fountains, the Dubai Opera, and Burj Khalifa. Onsite amenities include a modern gym, swimming pool, children’s club, and concierge service. The minimum price for a one-bedroom apartment is AED 1,700,000 (USD 463,000).
There is also high demand for real estate in the Burj Khalifa Tower. Four-bedroom penthouses, with a size of 6,458 sq. ft., start at AED 25,000,000 (USD 6,805,000). The skyscraper provides three separate entrances: the first for tourists, the second for Armani Hotel guests, and the third for property owners. Burj Khalifa residents have access to a wide range of amenities including concierge service, covered parking, and the Burj Club Gym, which has a separate women-only floor with a gym and spa. Sky lobbies, located on the 43rd, 76th, and 123rd floors, feature outdoor and indoor swimming pools, sunbathing terraces, spas, jacuzzis, and ultramodern gyms.
*The price is valid for 2022
The Burj Khalifa District is an exclusive neighbourhood in the centre of Downtown Dubai. This compact area, approximately 0.1 sq. mi., includes some of the emirate’s most popular landmarks, as well as many luxurious hotels and apartment complexes. The district features Burj Khalifa, the tallest skyscraper in the world, which is the geographical and thematic centre of the neighbourhood. It also features the Dubai Fountains, the biggest light and music fountain show in the world, which is situated on a scenic artificial lake. Residents can take advantage of nearby attractions, such as shopping centres, cinemas, parks, and recreation areas. This area has it all!
The district is located within walking distance of many iconic attractions, such as the Dubai Mall, the world’s largest shopping mall, and the Dubai Opera, which attracts millions of visitors to the area each year. Given its location, real estate in the Burj Khalifa District is particularly attractive for investors. High property costs, as well as record profits, are due to the area’s exclusive location and proximity to nearby attractions. There is prestige and status that come along with owning a property in this iconic neighbourhood.
Emaar Properties developed the Burj Khalifa District and the entire Downtown Dubai area. Construction of the district’s iconic tower, around which the neighbourhood was formed, began in January 2004. The building’s inauguration took place on January 2010, exactly six years later. The investment on the skyscraper, which was AED 5.5 billion (USD 1.5 billion), was paid off during the first year.
*The price is valid for 2022
The Burj Khalifa District is situated in the centre of Downtown Dubai. Wherever you are in Dubai, you can always gauge how far you are from the centre based on whether you can see Burj Khalifa in the distance. It is located near other popular areas of the emirate, including the Dubai International Financial Centre, Jumeirah Beach district, Business Bay, and Al Quoz residential area. These destinations can all be reached within a ten to fifteen-minute drive of the Burj Khalifa District.
Sheikh Mohammed Bin Zayed Road (E 311), one of the city’s major highways, is situated within a five-minute drive of the district. The route provides easy access to all other areas of Dubai, as well as the UAE.
The Dubai International Airport is located within a 15-minute drive of the district, and Al Maktoum International Airport is located within a 40-minute drive.
Downtown Dubai is considered the city’s main neighbourhood for tourism, and it has a well-developed public transportation system. Metro, bus, tram, and taxi services provide quick and efficient ways to travel around the city, and they have air conditioning. All forms of transportation are easily accessible to residents of the Burj Khalifa District.
The closest metro station is the Burj Khalifa/ Dubai Mall Metro Station (on the red line), which is situated within a ten-minute walk of the district. It takes approximately the same amount of time to get to the Dubai Mall MS Land Side D bus stop, where residents can take the F13, 30, D03, and D03A routes for travelling outside the city centre.
The Dubai Trolley, the world’s first hydrogen-powered tram, runs along Mohammed Bin Rashid Boulevard and travels around the Burj Khalifa District. The trolley transports passengers between Downtown Dubai landmarks, and it can be a lifesaver for those travelling with small children.
All residential complexes in the area have their own underground parking garages with reserved spaces for tenants.
Families with children can choose from nearby kindergartens and schools that feature prestigious programmes for children of all ages. Education is taken very seriously in this region, and Dubai has some of the world’s best schools for children and young people.
Residents can easily access several highly-rated nurseries, such as Blossom Downtown Nursery, Blossom Business Bay Nursery, Pinocchio Nursery, Learning Tree Nursery, and Hummingbird Nursery, which are located within a 10-minute drive of the district. These organisations follow the British Early Years Foundation Stage for the toddler development programme.
Jumeirah International Nurseries (JINS) also feature British programmes and are located in the nearby coastal area of Jumeirah. JINS has a Russian Kids Club for children between eight months and seven years of age, and programmes are taught in Russian. It is located within a ten-minute drive of the Burj Khalifa District.
The area also has a wide selection of educational facilities to suit every budget. Dubai International School, located in the Al Quoz District within a 15-minute drive of the Burj Khalifa District, offers the California CCSS and NGSS programmes, as well as the UAE curriculum. The prestigious JSS Private School is located in the Al Wasl District (Al Safa neighbourhood) within a 10-minute drive, and the King’s School Dubai is located in the Umm Suqeim District within a 20-minute drive. King’s follows the British curriculum and is the only school in the UAE to have been rated “outstanding” by the Knowledge and Human Development Authority several years in a row. The Russian International School, located in Muhaisnah District within a 30-minute drive, is the only Russian school in Dubai.
Dubai offers universities located in neighbourhoods throughout the city. The closest one from the Burj Khalifa District is the International Horizons College (IHC) in Business Bay. This university follows the American higher education programme and offers a wide range of science and humanity courses. IHC is considered one of the best independent private higher education institutions in the city, and it has been accredited by the UAE Ministry of Higher Education & Scientific Research.
The Dubai Knowledge Park campus is located within a 20-minute drive of the Burj Khalifa District, and Dubai International Academic City is located within a 30-minute drive. These areas feature several universities, colleges, and research centres that cater to a variety of specialised study subjects.
The closest medical centre is the Mediclinic branch located in the Dubai Mall. It is one of the biggest hospitals in Dubai, and patients can undergo a complete diagnosis, as well as receive outpatient treatment from highly skilled doctors. The clinic covers an area of 70,000 sq. ft. and has a surgical department, endoscopy services, diagnostics rooms, and physiotherapy treatment centres.
Emirates Hospital is located within a 10-minute drive of Business Bay and offers a well-regarded medical programme with numerous services.
The Burj Khalifa District offers many pharmacies, such as Marina Pharmacy, which is located near the metro station and offers home delivery services.
There is a huge Waitrose supermarket, with a bakery and pharmacy, located inside the Dubai Mall, so residents can do all of their shopping under one roof. In addition, the mall offers several retail outlets for everyday essentials.
If residents prefer to avoid the hustle and bustle of the mall, they can shop at nearby supermarkets, such as Spinneys and Al Maya, as well as other small mini-markets located throughout the district.
The Burj Khalifa District does not offer any religious sites. However, residents can find several mosques located near Downtown Dubai, such as the Dubai Mall Mosque, Al Ghafoor Mosque, and Souk Al Bahar Mosque, which are located within a 10-minute drive.
Church services are available in the Oud Metha District. The closest churches include St. Thomas Orthodox Cathedral, St. Mark & Ava Bishoy Coptic Orthodox Church, and St. Mary’s Catholic Church.
The district’s nearest beach is the famous Jumeirah Beach, which is located within a 10-minute drive. It is one of the best public beaches in Dubai and features white sand, as well as numerous amenities and attractions. Surfers and kite-flyers can enjoy Kite Beach, which is located a bit further down the road.
Burj Khalifa, located in the heart of the district, is a symbol of Dubai and one of the main landmarks of the UAE.
Burj Khalifa’s neo-futuristic design was developed by the world-renowned American architect Adrian Smith from the Skidmore bureau of Owings & Merrill. It was built in collaboration with Samsung C&T Corporation. When viewed from above, the building is shaped like the letter Y, which is based on an image of a lily that grows in the UAE desert.
The giant landmark is called a vertical city since it accommodates up to 35,000 visitors, and can house more than 10,000 people at any one time. The building offers residential units consisting of 900 studios, apartments, and luxury penthouses, as well as 144 hotel apartments at the ultra-glamorous Armani Hotel. The lower half of the building features meeting rooms, restaurants, viewing platforms, office spaces, swimming pools, and gyms.
Burj Khalifa has broken many world records, including:
The skyscraper has eight escalators, as well as 57 elevators with speeds of 32 ft./s.
Burj Khalifa and its viewing platforms offer incomparable views of the emirate, which are especially spectacular at sunset. The building offers group and private tours with costs depending on the programme and time. The minimum ticket price is AED 149 (USD 40). Burj Khalifa has three observation decks:
Tickets are more expensive during peak hours from 4:00 p.m. to 6:30 p.m. Children up to four years of age are given free access as long as they are accompanied by an adult. In addition to viewing platforms, visitors can enjoy the luxurious Atmosphere restaurant on the 122nd floor with panoramic views of Dubai, the desert, and the sea.
*The price is valid for 2022
Burj Khalifa is also an entertainment hub. The New Year celebration is one of the most popular annual events, which attracts visitors from all over the world. It features a big firework, laser, and light display. Other events include the annual car show in the Burj Khalifa District and the UAE National Day parades.
The Dubai Fountains, located at the foot of the skyscraper, is the largest light and music fountain show in the world. It is installed over a picturesque artificial lake at the back of the building. Free shows are held, both day and night, several times a day. Water jets spray upwards to a height of over 492 ft. and are illuminated by 6.6 thousand lamps. Lights are expertly synchronised with the music.
Burj Park, located within a five-minute walk of the world’s tallest building, overlooks a lake with fountains. This pet-friendly area is ideal for jogging, cycling and boating.
The famous Wings of Mexico photo area, designed by Mexican sculptor Jorge Marin, is situated near Burj Park. The art object consists of bronze wings, which symbolise flight and freedom.
Other iconic destinations, located within walking distance of the Burj Khalifa District, include:
In addition to shopping, the Dubai Mall offers dozens of family-friendly activities, such as a go-kart track, Olympic-sized ice rink, virtual reality games, children’s entertainment spaces, and educational programmes. Visitors can also enjoy Dubai Aquarium & Underwater Zoo, one of the world’s biggest indoor aquariums.
The Downtown Dubai area and the Burj Khalifa District are situated in the heart of the city and attract visitors from all over the world throughout the year. Burj Khalifa, the Dubai Fountains and the Dubai Mall are some of the most famous attractions in the emirate, and there is steady demand among visitors looking to rent apartments and reserve hotel rooms near these iconic sites.
The Burj Khalifa District’s unique location is ideal for real estate investors. The area’s capital value is expected to continue to grow due to its limited space for new residential projects. The return on investment rates will also increase for both renting and selling units.
For example, the ROI for a studio located in Burj Khalifa is approximately 6.3%. The ROI for other projects in the area is similar. However, the income from short-term rental properties can be much higher.
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