Actually this is still the tallest res tower. Since the main contract was awarded the construction of the structure should start soon hopefully. This'll be the first to rise.
ACC aim high
The contract for the construction of the world's tallest residential tower 'The Princess Tower' has been awarded to Arabian Construction Company (ACC).
An artist's impression of 'The Princess Tower'.
The 107 storey residential building will be located in Dubai Marina. The developer of this project is Sharjah-based Tameer Holdings and the value of the contract is Dhs 690 million.
'We thank Tameer for entrusting us with their signature project, which we commit to deliver to the highest standards, in line with ACC's recognized code of practice,' said Hassan Auji the General Manager of the ACC Dubai.
ACC was selected for this project due to its extensive experience in high-rise construction. The company has been associated with a number of skyscrapers in Dubai such as the 80 storey 333m tall Rose Rotana Suites Tower (the highest furnished apartment tower in the world) and DMCC's 70 storey 360m tall Almas Tower.
Sitting on a large 3,500 square meter plot in Dubai Marina,
the Princess Tower will rise 414m with a total built-up area of 170,000 square meters. When complete the building will contain 750 luxury residential apartment units of two, three and four bedrooms along with duplex villas and penthouses. Once completed, the Princess Tower will replace the 323m tall Q1 Tower on the Gold Coast of Australia for the title of the world's tallest all-residential building.
Amenities at the Princess Tower will include swimming pools, a gymnasium, a children's day care nursery, a sauna club, a prayer room and a private car parking area for each resident in addition to a luxurious reception area. The completion date for this project is 2009.