Dubai, United Arab Emirates, the Burj Khalifa as the world’s tallest building at home and abroad, Reuters reported that the United Arab Emirates’ largest real estate investor, Imal Real Estate Group, recently decided to sell the top viewing platform of the Burj Khalifa, the deal is expected to reach the value of $1 billion. Reuters sources said Imall Eire Hadi had commissioned Standard Chartered to act as a consultant on the deal, which was officially launched last month.
Original title: Over $1 billion! The top viewing platform of the world’s tallest skyscraper will be sold
The Burj Khalifa was built in 2004 and officially completed in 2010, initially known as the Burj Khalifa, which was renamed the Burj Khalifa. The Burj Khalifa is currently the world’s tallest skyscraper, 828 meters high, and its 124-story observation deck, At The Top, is one of Dubai’s most popular attractions. According to statistics, in 2018 alone, 16 million tourists visited the observation deck for sightseeing, an average of more than 40,000 a day. Analysts estimate that the UAE earns more than $165 million a year from the attraction.
The Burj Khalifa is owned by Imal Real Estate Group, the world’s second-largest property investor, with a 29.2 per cent stake in the Dubai government, which also operates hotels, entertainment and shopping malls in addition to real estate development. Analysts say the sale of the Burj Khalifa penthouse observation deck could raise more than $1 billion for Imal Real Estate. However, both Imar Real Estate Group and Standard Chartered declined to comment on the reports.