Thursday, December 02, 2010

World's tallest residential tower to come up in Dubai by Q4 2011

The world's tallest residential tower will stand high at Dubai Marina, by fourth quarter of 2011, developer Tameer Holding announced yesterday.

The 107storey Princess Tower located at Dubai Marina is billed to be the world’' tallest residential tower on completion. Further, located in Dubai Marina will also be a 91-storey Elite Residence which is also due for completion and handover by fourth quarter of next year, also developed by Tameer Holding.

The President of the Company, Federico Tauber, said that the Princess Tower 414 meters in height with 763 units, and the 381-meter Elite Residence comprising 696 units in Dubai Marina, and an Imperial Residence with 510 units in Jumeirah Village South by fourth quarter of 2011, is being planned.

According to Council on Tall Buildings and Urban Habitat, Q1, located along the Gold Coast, Australia, is the tallest residential building in the world at present, with 323 meters in height and 78 storeys.

Tameer will be delivering the 31 storey Silver Tower in Business Bay, and 180-unit Al Jawzaa Tower in International City towards end of this year. During first quarter of 2011, Tameer will also deliver the 32-storey Regal Tower at Business Bay.

1 comment:

Mohsin said...

Good to hear that world's tallest residential tower is going to complete and ready for occupation in this real estate business race, now the days when Dubai is going down about real estate business investment and construction it is good news that some companies are still trying to provide good residential locations, now the companies who have left their participation in real estate business of Dubai must think about their again participation, and there will come a stability in this market.