A giant asteroid larger than any building on Earth will fly past our planet on Tuesday.

Named 7482 (1994 PC1), the asteroid is more than a kilometer wide and 1,052 meters high. Its size means it is larger than the Burj Khalifa in Dubai, which is 830 meters tall and is the tallest building in the world.

But the asteroid does not pose a threat to Earth and at the moment of its approach will pass at a distance of more than five times the distance of the Moon from the planet.

Robert McNaught discovered the asteroid (7482) 1994 PC1 at Siding Spring Observatory in Australia on August 9, 1994.

"Near-Earth #asteroid 1994 PC1 (~1 km wide) is very well known and has been studied for decades by our #PlanetaryDefense experts. Rest assured, 1994 PC1 will safely fly past our planet 1.2 million miles away next Tues., Jan. 18," NASA Asteroid Watch informed on Twitter.

The agency's Planetary Defense Coordination Office monitors the skies to find and track near-Earth objects.

NASA is also looking for ways to intercept potentially dangerous asteroids. The mission is designed to prove that a spacecraft can travel autonomously to a target asteroid and intentionally collide with it, knocking it off course.