Burj Dubai Heads for the World Record

Burj Dubai continues its steady climb above the new downtown and is approaching the height of the tallest buildings in the world. Within months, it is expected to claim the title of the world's tallest building, a milestone that will attract global attention and reinforce Downtown's position as Dubai's flagship district.

Why the record matters

A world record is a powerful marketing tool. It will put Burj Dubai, and the city, in headlines around the world, drawing visitors and investors. For residents and owners in Downtown, it adds to the prestige of their address.

The district's progress

• Residential towers around the boulevard are completing.
• The Dubai Mall is under construction and set to become a major attraction.
• The lake and boulevard are taking shape.
• Hotels and offices are being added to the mix.

Living in Downtown today

Early residents enjoy views of the rising tower but also live amid one of the largest construction sites in the city. Traffic, noise and limited services are part of daily life until the district is complete.

Value drivers

Views of the tower and the lake remain the most important factor in apartment values. Proximity to the mall and boulevard, the quality of the building and the floor also matter. Buyers should check what will be built around their unit to ensure views are protected.

The risk of supply

Downtown includes a large number of apartments, and more are planned. While demand is strong, buyers should be aware of the pipeline and choose units with distinctive features.

Our view

Burj Dubai's progress is a remarkable achievement and a strong support for Downtown's long-term appeal. Buyers who choose well-positioned units with lasting views are likely to benefit as the district matures.