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[[Image:Burj Dubai.jpg|right|thumb|200px|Burj Khalifa under construction in Dubai]]

[[Image:Burj Dubai.jpg|right|thumb|200px|Burj Khalifa under construction in Dubai]]

'''The Burj Khalifa''' (formerly named the Burj Dubai) is currently the world's tallest building. Located in [[Dubai]] in the [[United Arab Emirates]], the tower reaches more than 828 meters (2,716.5 ft). <ref>http://www.burjkhalifa.ae/language/en-us/the-tower/fact-figures.aspx</ref>   

'''The Burj Khalifa''' (formerly named the Burj Dubai) is currently the world's tallest building. Located in [[Dubai]] in the [[United Arab Emirates]], the tower reaches more than 828 meters (2,716.5&nbsp;ft).<ref>http://www.burjkhalifa.ae/language/en-us/the-tower/fact-figures.aspx</ref>   

== Construction ==

== Construction ==

Groundbreaking began on September 21, 2004 and construction was officially finished on October 21, 2009; a time span of just over five years. It officially opened to the public in a ceremony on January 4, 2010. <ref>http://news.bbc.co.uk/2/hi/middle_east/8439618.stm?ls</ref>. In a surprise move, the tower was renamed the Burj Khalifa to honor Khalifa bin Zayed Al Nahyan; the president of the United Arab Emirates at its opening ceremony.

Groundbreaking began on September 21, 2004 and construction was officially finished on October 21, 2009; a time span of just over five years. It officially opened to the public in a ceremony on January 4, 2010.<ref>http://news.bbc.co.uk/2/hi/middle_east/8439618.stm?ls</ref> In a surprise move, the tower was renamed the Burj Khalifa to honor Khalifa bin Zayed Al Nahyan; the president of the United Arab Emirates at its opening ceremony.

==Use==

==Use==

==The housing bubble==

==The housing bubble==

Due to the infamous housing bubble burst in Dubai in 2010, declining demand caused rents in the apartments to decline by 40%. There are 900 apartments in the tower, and approximately 825 were still empty at the time. By October of 2012, Emaar Properties reported that approximately 80% of the apartments were occupied and Dubai is managing a steady recovery.

Due to the infamous housing bubble burst in Dubai in 2010, declining demand caused rents in the apartments to decline by 40%. There are 900 apartments in the tower, and approximately 825 were still empty at the time. By October 2012, Emaar Properties reported that approximately 80% of the apartments were occupied and Dubai is managing a steady recovery.

==Cost==

==Cost==

The total cost of constructing the building is estimated to be a grand total of the equivalent of $1.5 billion [[Dollar (U.S.)|American dollars]].

The total cost of constructing the building is estimated to be a grand total of the equivalent of $1.5 billion [[Dollar (U.S.)|American dollars]].

*[[Architecture]]

*[[Architecture]]

==External Links==

==External links==

*http://www.burjkhalifa.ae/

*http://www.burjkhalifa.ae/

== References ==

== References ==