Real Estate
Prices at World’s Tallest Tower Jump as Dubai Home Sales Boom
- Burj Khalifa residential prices rose 23%, Knight Frank says
- Business activity in Dubai rebounded sharply last year
The Burj Khalifa.
Photographer: Christopher Pike/BloombergThis article is for subscribers only.
The world’s tallest building notched up one of the highest price increases in Dubai’s luxury residential developments last year as the market rebounded from a downturn.
Prices at the Burj Khalifa climbed 23% compared with a 8% increase for the rest of Dubai, according to property consultant Knight Frank LLP.