Emaar Properties, known for its futuristic approach to buildings, has unveiled plans for a new project containing two towers that will top the charts in height, making them the world’s tallest towers once completed.
Dubai Creek Harbour will boast 39,000 homes and 22 hotels, making it three times the size of its downtown area, which contains the world’s tallest building, Burj Khalifa. Emaar Properties is partnering with Dubai Holding on this project.
Six towers, retail elements, and three hotels will round out Dubai Creek Residences, the first phase of the project, with the twin towers expected to be the centerpiece of the development. The six towers, which are 40 stories tall, will become waterfront properties, and contain one, two, and three bedroom apartments ranging from 880 to 2,154 sf. Dubai Creek Harbour as a whole will encompass 6 million sm (or 1,482 acres).
Starting November 1, apartments in two of the six towers will be available for sale on a first-come first-serve basis in the following locations: Dubai, Abu Dhabi, London, and Moscow.
Chairman of Emaar Properties, Mohamed Alabbar, told The National that the current market will be able to handle this magnitude of a project. “I think all the stakeholders in Dubai in this business learnt their lessons and have matured, the buyer, seller, bank, and regulator,” said Alabbar. “What is boils down to is supply and demand.”
Alabbar also commented to Dubai Holding that the vision of the project, “was to create a dynamic city of the future that integrates smart networks, while building on the cultural heritage of our city.”
Emaar Properties has not released information about the cost of the project, funding requirements, when ground will be broken, or the architect of the project.
For more information, visit www.emaar.com.
Related Stories
| Sep 16, 2014
Ranked: Top hotel sector AEC firms [2014 Giants 300 Report]
Tutor Perini, Gensler, and AECOM top BD+C's rankings of design and construction firms with the most revenue from hospitality sector projects, as reported in the 2014 Giants 300 Report.
| Sep 16, 2014
Studies reveal growing demand for LEED-credentialed professionals across building sector
The study showed that demand for the LEED Accredited Professional and LEED Green Associate credentials grew 46 percent over a 12-month period.
| Sep 16, 2014
Shigeru Ban’s design wins Tainan Museum of Fine Arts competition
Pritzker Prize-winning architect Shigeru Ban has won an international competition organized by The Tainan Museum of Art in Taiwan. Ban's design features cascading volumes with an auditorium, classrooms, and exhibition galleries.
| Sep 16, 2014
Competition asks architects, designers to reimagine the future of national parks
National Parks Now asks entrants to propose all types of interventions for parks, including interactive installations, site-specific education and leisure opportunities, outreach and engagement campaigns, and self-led tours.
| Sep 15, 2014
Sustainability rating systems: Are they doomed?
None of the hundreds of existing green building rating systems is perfect. Some of them are too documentation-heavy. Some increase short-term project cost. Some aren’t rigorous enough or include contentious issues, writes HDR's Michaella Wittmann.
| Sep 15, 2014
Ranked: Top international AEC firms [2014 Giants 300 Report]
Parsons Brinckerhoff, Gensler, and Jacobs top BD+C's rankings of U.S.-based design and construction firms with the most revenue from international projects, as reported in the 2014 Giants 300 Report.
| Sep 15, 2014
Argentina reveals plans for Latin America’s tallest structure
Argentine President Cristina Fernández de Kirchner announces the winning design by MRA+A Álvarez | Bernabó | Sabatini for the capital's new miexed use tower.
| Sep 15, 2014
Perkins+Will unveils design for Ghana's largest hospital
The new hospital will be home to numerous hospital services including public health, accident and emergency, imaging, obstetrics, gynecology, dental, surgical, intensive care and administration.
| Sep 15, 2014
Gen-Y-focused multifamily development under way in L.A.
The new urban residential community at 1001 S. Olive Street will offer open floor plans consisting of 64 studios, 109 one bedroom units, and 28 two-bedroom units, ranging in size from approximately 500 sq ft to 1,100 sq ft.
| Sep 14, 2014
Ranked: Top Veterans Administration sector AEC firms [2014 Giants 300 Report]
CannonDesign, Clark Group, and URS top BD+C's rankings of the nation's largest Veterans Administration building sector design and construction firms, as reported in the 2014 Giants 300 Report.