Monday, May 09, 2011

World's six tallest residential towers in Dubai

Dubai will soon be home to top four tallest residential towers in the world, with the emirate soon likely to house six towers in the top ten Category. All towers will be located in Dubai Marina.

The list is compiled by the Council for Tall Buildings and Urban Habit, and The Torch tower at 348 meters is currently placed at the topmost position.

Next is the 323 meters tall Q1 Tower, located off Gold Coast, Australia, while the 318 meters HHHR Tower in Dubai is at the third position.

However, by January 2012, the list is likely to be altered, when Tameer Holding, the property development company, will begin handover of 414 meters Princess Tower, 395 meters tall 23 Marina, and 381 meters Elite Residence in Dubai Marina.

Thereafter, The Torch tower will take the fourth place. Moving ahead, towards the end of 2013, The Pentominium from Trident International Holdings is likely to again compete for the top slot, standing tall at 516 meters.

All these towers will be located in Dubai Marina, at a distance of few hundred meters from each other.

Tameer, in its press statement, revealed that Princess Tower is already 100 floors above ground, with 763 apartments now under construction. On completion, it will touch 414 meters. When the handover begins in January 2012, Princess Tower will be the tallest completed residential tower.

The handover of the 380 meters Elite Residence too, will be done in the same month. Meanwhile, the handover of the 395 meter 23 Marina tower will begin in August.

As of now, the CEO of Select Group, Rahail Aslam, revealed that handover of the properties to investors would be done by May 2011. Meanwhile, the Executive Director & CEO of Trident International, Wazir Ali Daredia, confirmed that The Pentominium will be delivered by 2013.

1 comment:

Mike Smith said...

Suprb information. Dubai is getting its worth again and big inverters are coming back to hit the Real estate market with new enthusiasm!

This is another big success after Dubai International City!

Thanks for sharing the knowledge!