All flats of highest building sold out, claim developers | world | Hindustan Times
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All flats of highest building sold out, claim developers

The world’s tallest building, the Burj Dubai, officially opens its doors on Monday, leaving a colossal reminder of the hubris that brought the emirate crashing in November.

world Updated: Jan 03, 2010 23:46 IST
GNS

The world’s tallest building, the Burj Dubai, officially opens its doors on Monday, leaving a colossal reminder of the hubris that brought the emirate crashing in November.

The $4.1bn building is 818 metres high, has more than 160 floors and will boast the world’s highest observation deck. Over 50 lifts, travelling at 25mph, will take two minutes to reach the top.

Developer Emaar Properties claims that almost all the 1,000 or so residential apartments in the tower have been sold, in defiance of a property crash that saw prices drop by 50 per cent last year.