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Emaar Properties, the same developers behind the Burj Khalifa, currently the world’s tallest building, has announced plans to build a $1 billion (£710 million) tower in Dubai that will exceed the height of the 828m (2,716 ft) record-holder.

Hamdan: With every full moon comes a new beginning and with every new beginning comes opportunitiesSheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, shared these pictures and video on his Instagram account of him atop the world’s tallest building - Burj Khalifa – with the Super Moon in the backgrounD. Along with the picture, Sheikh Hamdan wrote: “With every full moon comes a new beginning and with every new beginning comes opportunities! A big thank you to all my followers.” Sheikh Hamdan also posted this video: “Super moon, super city for my super followers!” Social networking...

Saudi Arabia is scheduled to begin building the world’s tallest tower next week, which will soar 1km in to the sky when completed. The Kingdom Tower in the coastal city of Jeddah will measure 3,280 feet (1km), some 568 feet (173 meters) taller than the current Guinness world record holder, Dubai’s Burj Khalifa, which stands at 2,716 feet (827 metres). At an estimated cost of $1.23bn, the tower in Saudi will require approximately 5.7 million square feet of concrete, 80,000 tonnes of steel for its 200 floors and will take five years to complete, according to The Saudi Gazette. The...

The Burj Khalifa—currently the tallest building in the world and a landmark on the Dubai skyline—was lauded for its luxury apartments and deluxe amenities when it opened in 2010. But the building has been a huge flop with investors, and real estate prices there have plummeted from highs of $2,450 per-square-foot to around $721 per-square foot, the Wall Street Journal's Tahani Karrar-Lewsley reports today. Investors called the building "distressed" back in February, bringing to mind other super-ambitious real estate projects that have failed in the emirate in recent years. The Burj, which has 903 residential apartments, opened at a tough...

Shows the Hollywood star how to handle a falcon during the meeting where Sheikh Hamdan was also present His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, received Hollywood star Tom Cruise who is in Dubai to shoot 'Mission Impossible - Ghost Protocol'. The 48-year-old Hollywood actor, whose death-defying stunts atop the world’s tallest building, the Burj Khalifa, grabbed global headlines only a day ago, also met Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai during the occasion. Sheikh Mohammed showed Cruise how to handle a...

Terrified passengers were left stranded between floors in the world’s tallest building after a lift broke as they were descending in the Burj Khalifa tower in Dubai. Visitors queueing to descend from the observation deck on the 124th floor of the recently opened 828-metre (2,717ft) tower heard a crash and the sound of breaking glass from the lift shaft. Dust then billowed back into the room through the small gaps in the lift shaft doors. The 15 passengers inside the lift were left stranded for 45 minutes before they were rescued by staff who dropped a ladder into the shaft...

DUBAI, United Arab Emirates (AP) - The world's tallest skyscraper has unexpectedly closed to the public a month after its lavish opening, disappointing tourists headed for the observation deck and casting doubt over plans to welcome its first permanent occupants in the coming weeks. Electrical problems are at least partly to blame for the closure of the Burj Khalifa's viewing platform—the only part of the half-mile high tower open yet. But a lack of information from the spire's owner left it unclear whether the rest of the largely empty building—including dozens of elevators meant to whisk visitors to the tower's...

DUBAI, United Arab Emirates -- A faulty elevator was behind the shutdown of the observation deck on the world's tallest tower that effectively closed the half-mile-high Burj Khalifa to the public, witnesses and a Dubai rescue official said Tuesday. Visitors who were on the viewing floor at the time of Saturday's incident told The Associated Press they heard a loud noise, then saw what looked like smoke but turned out to be dust seeping out of the crack in one of the elevator doors. ... "What just kind of shocks me is that they were going to brush this under...

Dubai skyscraper Burj Khalifa closes to public The world's tallest building, the Burj Khalifa, has closed to the public due to technical problems just a month after it was formally opened. By Richard Spencer in Dubai Published: 6:10PM GMT 08 Feb 2010 The observation deck on the Dubai building's 124th floor, which had been open since the building was formally named on Jan 4, has been closed indefinitely because of unspecified technical problems. At 2,716 feet tall, the tower contains a hotel, apartments and offices. The first occupants of the apartments were due to move in later this month. But...