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 19, 2013
What we can learn from the world’s greenest buildings
Renowned green building author, Jerry Yudelson, offers five valuable lessons for designers, contractors, and building owners, based on a study of 55 high-performance projects from around the world.
| Sep 19, 2013
6 emerging energy-management glazing technologies
Phase-change materials, electrochromic glass, and building-integrated PVs are among the breakthrough glazing technologies that are taking energy performance to a new level.
| Sep 18, 2013
Annual SteelDay to include 125 free events around the U.S.
Hosted by the American Institute of Steel Construction (AISC), its members and partners, SteelDay invites the AEC community and the public to see the contributions the industry has made in the design and construction of steel buildings and bridges.
| Sep 18, 2013
WHR Architects opens first European office, in Copenhagen
WHR Architects has opened its first European office in Copenhagen, Denmark. The decision to locate in the Danish capital was spurred by the Danish healthcare system’s initiative to renew and expand their facilities across the country.
| Sep 17, 2013
NCARB convenes special task force to explore additional pathways to architectural licensure
Potential new pathways to architectural licensure are being explored through the work of a new Licensure Task Force launched by the National Council of Architectural Registration Boards (NCARB). Led by NCARB Immediate Past President Ronald B. Blitch, FAIA, FACHA, NCARB, the group held its first meeting at NCARB offices on September 6-7 in Washington, DC.
| Sep 17, 2013
SMPS Foundation announces new business development research book
The SMPS Foundation has released its latest research book, A/E/C BUSINESS DEVELOPMENT – The Decade Ahead.
| Sep 17, 2013
Healthcare project will merge outpatient clinic with YMCA to promote wellness and prevention
Penrose-St. Francis Health Services and the YMCA of the Pikes Peak Region announce collaboration, along with developer The Boldt Company, to create next-generation wellness facility.
| Sep 17, 2013
AIA sees uptick in architecture billings for August
AIA's Architecture Billings Index was 53.8 in August, up from 52.7 the previous month, signaling increased demand for design services nationwide. The West and Northeast regions saw the biggest ABI gains last month.
| Sep 16, 2013
Does brainstorming work?
The idea-generating process known as brainstorming has come under some intense fire recently. Critics contend that it suspends much-needed criticism and conflict while suppressing the creative ideas of introverts.
| Sep 16, 2013
Forty-three percent of energy leaders will invest more in efficiency next year (infographic)
Forty-three percent of energy leaders say their investment in energy efficiency next year is projected to be more than it was last year, according to survey results released today by Schneider Electric. Twenty-two percent said their projected investment would stay the same, and 10 percent reported their investment would be less than last year.
