Thursday, November 13, 2008

Burj Dubai to remain world's tallest skyscraper atleast for a decade

The global financial crisis has assured that Emaar's Burj Dubai would continue to remain the tallest skyscraper, atleast for a decade, and would keep up the region's pride, say analysts. Although, several other projects were announced that claimed to surpass Burj Dubai's height, analysts now agree that all such projects would require several billions for completion, and hence, they have all been bought to a halt.

The crisis is expected to govern global lives for the next three to five years, and an additional five years at least, would be required for the towers to surpass the 818 meters final height of Burj Dubai, and hence, it is now safe to say that the astonishing landmark, Burj Dubai, would cement its place as the world's tallest building till 2019. About four projects have been announced till date to outstrip Dubai. One being the Al Burj Tower by Nakheel in Dubai, the others are the Murjan Tower 1 in Bahrain, Burj Mubarak al-Kabir in Kuwait, and a kilometer high tower for Jeddah by Saudi Arabian Prince Al-Waleed bin Talal.

Located in Business Bay district of Dubai, the Burj Dubai, the tallest man-made structure ever, will be ready for occupation in September 2009. The building, which forms a part of the 2 Square Kilometer development, called 'Downtown Dubai' along the Sheikh Zayed Road at Doha Street, holds records of being the tallest structure, tallest freestanding structure, building with maximum floors, in the world.