In 2023, Burj Khalifa apartments witnessed a surge in sales, surpassing AED 1 billion, with a 22% increase in total deals to 117.
The iconic tower outperformed the city with a 17% higher average price, reflecting the growing number of long-term investors and end-users. Data from real estate consultancy Knight Frank revealed a 52% decrease in available homes for sale, indicating a shift towards a longer-term residency mindset.
The tower accounted for 7% of Downtown sales, amounting to AED 14.6 billion. The most expensive unit sold for AED 15 million, signaling sustained price growth in the Burj Khalifa.
