Al Habtoor Group has announced that it is constructing one of the world’s largest residential buildings in Dubai. The 81-storey building overlooking the Burj Khalifa will have 1,701 apartments over a built-up area of 35.17 lakh square feet. The value of the multibillion dirham development was not disclosed.
The building is scheduled to be completed within three years, said Khalaf Al Habtoor, Founding Chairman, Al Habtoor Group. “As a former builder/contractor, I am excited to be driving the first piles of the project into the ground and revealing some of the novel technical details of the construction techniques used in the Habtoor Tower, and very proud that it will be delivered at the highest quality in record time,” he said.
The company said it is in the final stages of selecting the main contractor for the project, and bids have been received from businesses in the UAE, China, India and Europe. An “innovative construction technique” will lead to a “substantial saving in carbon dioxide emissions,” he added.
Dubai is home to some of the most famous and biggest developments. The emirate has two of the top five tallest residential buildings in the world — the 413.7m Princess Tower and the 392.8m 23 Marina, both in Dubai Marina. The Princes Tower is the third-tallest building in Dubai, after Burj Khalifa and Marina 101, which is under construction.