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Tuesday, 7 August 2012

Indians top list of Burj Khalifa buyers in H1 2012

 
Indians have topped the list of buyers in Burj Khalifa, the world’s tallest tower, for the first six months of 2012, Emirates 24|7 can reveal.
Iranians were the next biggest buyers in the iconic Dubai tower.
The Dubai Land Department data on Burj Khalifa, sent exclusively to this website, reveals that Indians spent over Dh814 million on purchasing properties in the 828 metre-high iconic tower, while Iranians bought properties worth Dh470 million.
Britons were third in the list of top five buyers - nationality wise - purchasing properties worth Dh301 million.
Emiratis came in fourth, acquiring properties worth Dh238 million, while Pakistanis took the fifth slot, spending Dh210 million.
Apartment prices in the tower are showing signs of a “resurgence” with asking rates increasing by nine to 12 per cent in the first quarter of 2012 compared to fourth quarter 2011.

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