Indians top buyers at Burj Khalifa

Own space worth Dh29m, while Emiratis have spent Dh9.64m in the first seven months of 2010

Indians have bought properties worth Dh29 million in Burj Khalifa, topping the list of buyers in the world’s tallest tower in the first seven months of 2010, Reidin.com figure reveals.

UAE nationals came in second having spent Dh9.64 million during the same period, while Australians spentDh4.6 million, Oman 4.2 million, Chinese Dh2.12 million and Iranian Dh2.69 million, respectively.

The figures, according to Reidin.com, are based on the actual transactions registered with the Land Department of Dubai.

The real estate information company is an exclusive partner and primary data source for the information service in the emerging markets is Real Estate Regulatory Agency and the Land Department.

In November, Indian actress Shilpa Shetty was gifted an apartment in Burj Khalifa by her husband Raj Kundra as a wedding gift.

BR Shetty, who is managing director and CEO of the New Medical Centre Group of Companies in Abu Dhabi, owns the entire 100th floor in the tower, while Rizwan Sajan, Chairman of Danube Group has purchased an apartment in the tower.

Emirates 24/7 had reported earlier that total property investment during the first eight months of 2010 stood at Dh48.9 billion.

Tallest in luxury too

Burj Khalifa has 900 studios, one, two, three and four bedroom units, while the exclusive Armani Residences located in the world’s tallest tower has 144 fully furnished private apartments.

It offers luxurious recreational and leisure facilities including four swimming pools, an exclusive residents’ lounge; health and wellness facilities; At.mosphere, the world’s highest fine dining restaurant at Level 122 and At the Top, the world’s highest observatory deck with an outdoor terrace on Level 124.
 

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Comments

  • RVN Rao 5 December 2010 17:59 4 1
    India is a poor country but Indiians are not poor!
  • krish 1 December 2010 11:10 0 0
    29MILLION AED worth of property when the price per sq.ft is between aed3000 to aed5000!! How can this make headlines??
  • hassan 1 December 2010 04:58 0 0
    Perhaps Ambani is considered to be the richest man on this planet with asset of about $27B.To my opinion it's better to find ways to eradicate the poor orphans, child labor and to implement proper skill training to these underprivileged people. Then Ambani will be blessed with kindness on earth and thereafter.
  • Saeen 30 November 2010 20:00 0 0
    According to BBC, Ambani's house cost £98,000 ($127,422), not $1 billion :)
  • Anuj 30 November 2010 17:52 0 0
    Mr Ambani won't be interested in living on any floor. If he would, he will make one twice as long a building near Burj Khalifa :)
  • Akash 30 November 2010 16:14 1 0
    Well, Ambani's house costs $1 billion and the [construction] cost of complete Burj $1.5bn...you want Ambani to buy a house or 3/4th of tower?
  • SULTHAN KHAN 30 November 2010 12:49 0 0
    THIS IS THE STORY OF LUXURIOUS PEOPLE TO BUY THE LUXURIOUS WONDER PLACE.... WHY WE CAN SUGGERST MR.AMBANI TO BUY ONE APARTMENT LIKE SHILPA

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