The Burj Dubai was started at the height of the economic boom and built buy at least 12,000 laborers. The Burj Dubai is set to open today as the worlds tallest building and will set records as so. The Burj is expected to rekindle optimism after its financial crisis.

Burj-Dubai

Burj Dubai, whose opening has been delayed twice since construction began in 2004, will mark another milestone for the deeply indebted emirate with a penchant for seeking new records.

Dubai, one of seven members of the United Arab Emirates, gained a reputation for excess with the creation of man-made islands shaped like palms and an indoor ski slope in the desert.

The tower’s height has been kept a closely guarded secret until now. Developer Emaar Properties PJSC will reveal the height — known to exceed 800 meters (2,625 feet) — on Tuesday and Dubai’s ruler will inaugurate the opening. Emaar, the Burj’s developer, has said the entire Downtown Burj Dubai development, which includes the tower, will cost $US20 billion to build. What is more, it was reported that at their peak, some apartments in the Burj were selling for more than $US 1,900 per square foot, though they now can go for less than half that. And if developers are to be believed, the entire building is already sold out.

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