Wikipedia: "Burj Khalifa (Arabic: برج خليفة "Khalifa Tower"), known as Burj Dubai prior to its inauguration, is a skyscraper in Dubai, United Arab Emirates, and is currently the tallest manmade structure in the world, at 829.84 m (2,723 ft).Construction began on 21 September 2004, with the exterior of the structure completed on 1 October 2009. The building officially opened on 4 January 2010, and is part of the new 2 km2 (490-acre) flagship development called Downtown Dubai at the 'First Interchange' along Sheikh Zayed Road, near Dubai's main business district. The tower's architecture and engineering were performed by Skidmore, Owings and Merrill of Chicago, with Adrian Smith as chief architect, and Bill Baker as chief structural engineer The primary contractor was Samsung C&T of South Korea.
The total cost for the project was about US$1.5 billion; and for the entire "Downtown Dubai" development, US$20 billion. In March 2009, Mohamed Ali Alabbar, chairman of the project's developer, Emaar Properties, said office space pricing at Burj Khalifa reached US$4,000 per sq ft (over US$43,000 per m²) and the Armani Residences, also in Burj Khalifa, sold for US$3,500 per sq ft (over US$37,500 per m²).
The project's completion coincided with the global financial crisis of 2007–2010, and with vast overbuilding in the country, led to high vacancies and foreclosures. With Dubai mired in debt from its huge ambitions, the government was forced to seek multibillion dollar bailouts from its oil rich neighbor Abu Dhabi. Subsequently, in a surprise move at its opening ceremony, the tower was renamed Burj Khalifa, said to honour the UAE President Khalifa bin Zayed Al Nahyan for his crucial support.
Due to the slumping demand in Dubai's property market, the rents in the Burj Khalifa plummeted 40% some ten months after its opening. Out of 900 apartments in the tower, around 825 were still empty at that time."
Overview and HistoryDubai is one of the seven Arab Emirates and has the highest population in the UAE. Unfortunately for western historians, the pre-Islamic culture used an oral tradition for recordkeeping of its stories and legends, so there isn't much to go on from library sources.But the area around Dubai has been occupied for thousands of years, with many trading centers between the east and west. The earliest mention of Dubai recorded in writing dates to 1095, and it was known as a source of rich pearls to merchants of Venice.Dubai was dependent of Abu Dhabi during the 19th century; it became a protectorate of the UK as of 1892, and engaged in border disputes with Abu Dhabi after WWII. As of 1971 Dubai became part of the United Arab Emirates.From here onwards let the theme of this essay be,"Dubai goes BIG!"There's booming construction going on in Dubai right now, as in, almost 25% of its economy is based on building!Dubai has the capital and initiative to set up some really exciting projects, like Dubai Internet City. It's a free trade zone in a technology park created to attract large companies by offering special tax breaks within its economic zone. So far players like Microsoft, HP, Nokia, IBM and Oracle have moved in with their regional offices... not bad. DIC is now a strategic hub connecting two billion people across the Middle East, Africa and India.Spin around in the Heritage Village area and check out all the construction cranes on the horizon.Getting ThereThe Dubai International Airport has one of the best duty-free shopping malls in the world, which is an attraction all by itself.The airport offers a wide range of world-class services. Transportation service will be car rental or taxi, with buses to appease the traffic problem.TransportationDubai has an extensive taxi system made up of both private and government-operated cabs. The city was planned to hold 600,000 people and it population is now 1.5 million -- you figure out what that means in terms of traffic...Currently there's a $4 billion construction project underway to build a Metro system, expected to be complete in 2012.If you want to have some real fun, take an abras to find the world's most amazing spice market here, at Spice Souk Abra Station. Abras are little wooden boats you take to cross the Dubai canal. It costs about 27cent USD for the trip, you get them at Abra station and ride them between the gold/spice market on one side and the textile market on the other.This is a great way to see old Dubai too, by traveling the Dubai creek. Also, don't forget that the National Bank building reflects the surface of the water and looks like a giant TV.People and CultureChoosing the right season to visit Dubai is of critical importance. Temperatures range from 10C in winter to 48C in the summer. Tourist season starts in October and gets cranking in November.The local currency is the dirham. Carry small change with you for taxi drivers and things, otherwise you will end up giving a bigger tip than you meant to.They drive on the right in Dubai and there is a car accident, on average, every three minutes. Be advised and keep your eyes peeled.Dubai has a zero tolerance drug policy. ZERO. Don't mess around.Things to do, RecommendationsDubai is as ancient as it is modern. See the Chamber of Commerce and Bastakiya for just two of the myriad examples. Bastakiya is a completely-restored neighborhood from an old merchants' settlement. A really popular historic destination to visit is one of the of three watchtowers guarding the city of Burj-Nahar in Deira.Dubai is the upscale shopping capital of the world, but its charming old markets (souks) are where it all comes from. If you're not from around here, get ready to learn about bargaining...Here's the old market called Souk Bur Dubai, take a look at your shopping schedule and dive in!Al-Sabkha is one of the smaller communities in Dubai but it's got tons of markets to poke through.Clubbing: Dubai has strict liquor laws (and pork laws) so most of the nightclubs are located inside hotels, where they already have some sort of liquor license. Check out Zinc, Planetarium, Kandy Club, and Peppermint to get your dose of bass.Well, you can't exactly climb up this one, but here's the clock tower.Just wait until the Burj Dubai is finished, then you'll REALLY have something to get a view from! The Burj Dubai will be the world's tallest structure when it's done. Office space is set for about $4,000 per square foot, ready to go in September 2009. Cheap! It's part of a development that when finished will host thirty thousand homes, nine hotels, seven acres of parkland, and the Dubai Mall -- slated to be the largest mall in the world.Dubai is going big! Get there and have a look for yourself.Text by Steve Smith.