Azizi Developments to begin building world’s fifth tallest skyscraper in Q3 2018

By Jonathan Dyble
Leading UAE-based private development company Azizi Developments has announced that the construction of its leading residential and commercial skyscrape...

Leading UAE-based private development company Azizi Developments has announced that the construction of its leading residential and commercial skyscraper project will begin in Q3 2018.

Standing at 570 meters tall, the 122-storey building that is set to be situated on the Sheikh Zayed Road in Dubai will become both the city’s second tallest building and the fifth tallest globally once complete.

See also:

“We are delighted to announce that Azizi Developments has pushed the boundaries of innovation with the development of one of the tallest towers in Dubai,” said Mirwais Azizi, Chairman of the Azizi Group. “The tower will be a stunning new addition to Sheikh Zayed Road - the main artery of the city - and will rival the world’s most well-known skyscrapers in terms of both scale and quality of design.”

The structure, costing approximately AED3bn (USD$817mn) will consist of residential apartments on the first 100 floors, with a luxury hotel set to occupy the remaining 22 floors,

“This tower will reinforce Dubai’s position as a global powerhouse for real estate, luxury and tourism as well as add to its appeal as the leading destination for some of the most iconic skyscrapers in the world,” Azizi continued.

The company is expected to be working on over 200 projects throughout 2018, with the Dubai skyline set to be one of its largest alongside its flagship Azizi Riviera development and mega-community Azizi Victoria projects.

Share

Featured Articles

Cement Industry key Target of $20bn US Decarbonisation Plan

As part of President Biden’s Investing in America Agenda, the US Department of Energy is to invest $20bn on cleaning up US industries, including cement

Skanska Reshapes its Sustainability Team

Sweden-based sustainable construction company Skanska refreshes its sustainability team 'to better serve client and company goals'

Kingspan Group 'Cuts GHG Emissions by 65%'

Insulation specialist Kingspan Group's sustainability reports says 2023 business-wide ‘internal carbon price’ explains cuts in Scopes 1 & 2 emissions

Dubai Extends Metro as Millions Switch to Public Transport

Construction Projects

New construction contracts released for HS2 UK rail project

Construction Projects

How to lead a successful EDI migration process

Construction Projects