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Burj Khalifa Continues to Lead Dubai’s Luxury Real Estate Market

Burj Khalifa Continues to Lead Dubai’s Luxury Real Estate Market

Burj Khalifa Hits $2.4B Sales, $1M+ Units Dominate Market

Dubai's Burj Khalifa, the world’s tallest building, has achieved AED 8.8 billion ($2.4 billion) in total home sales since its launch. In 2024, residential sales reached AED 467.1 million ($127.2 million), just 5.7% below 2023 despite a 27% drop in available units. The tower remains a top choice for high-net-worth individuals, with prices averaging AED 3,000 ($817) per square foot—78.5% above Dubai’s city-wide average.

98 non-branded units sold for an average of AED 4.8 million ($1.3 million) each, while branded residences commanded even higher prices. The most expensive sale was a five-bedroom unit at AED 44 million ($12 million), achieving AED 4,987 ($1,358) per square foot. With 76% of its residences now valued over $1 million, the Burj Khalifa continues to symbolize Dubai’s ambition, contributing 0.5% of all residential sales in the city since 2010. Iconic and ultra-luxurious, the tower solidifies Dubai’s status as a global destination for affluent buyers and trophy assets.


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