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Tallest Residential Tower of the World to be Completed by December 2011

Add comment   |   June 22, 2011    07:46am   |Contributed by Indian Realty News

Tameer Holding Investment said the world’s tallest residential tower will be completed in December 2011. The property developer said its Princess Tower project in Dubai was on schedule and the superstructure of the project was now complete. The tower will rise to 414 metre (1,358 feet) and will be second only in height to the Burj Khalifa. According to the Council on Tall Buildings and Urban Habitat, currently the tallest residential building in the world is the 78-storey Q1 tower located on the Gold Coast of Australia, which stands at 323 metre high.

But Princess Tower won’t hold the record for long if the 170-storey, 550 metre Pentominium Tower, also located in Dubai Marina and already under construction, meets its scheduled completion date of 2013. Tameer said in a statement that interior finishing works were “progressing as scheduled” on the Dubai Marina development, which encompasses 107 floors. Commenting on the progress of the project, Federico Tauber, president of Tameer Holding Investment, said: “Princess Tower is now in its final stages of construction and we look forward to the delivery and handover of this iconic project to our customers.

“With its imposing height of 414 metre and world record status, Princess Tower will become another prominent landmark for Dubai,” he added. With a total built up area of 1.75 million sq ft, Princess Tower will house 763 luxury apartments, including one, two and three bedroom apartments plus four and five bedroom penthouses. Eight retail units will also be provided on the ground floor of the tower.

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