Work to begin on world's fifth tallest skyscraper in Q3 2018
Azizi Developments will begin work on what will become the world’s fifth tallest skyscraper in the third quarter of the year
Azizi Developments will begin work on what will become the world’s fifth tallest skyscraper in the third quarter of the year.
Being developed at a cost of $816m (AED3bn) on Dubai's Sheikh Zayed Road, the 570-metre tall, 122-storey residential and commercial tower will house residential apartments on the first 100 floors, and a luxury hotel on the remaining 22.
In an update, the Dubai-based developer said that it is currently consulting with Atkins to finalise the design based on its feedback.
“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 Azizi group chairman Mirwais Azizi.
“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 project is scheduled for completion between 2021 and 2022, though Azizi is aiming to deliver the tower on a fast-track basis, somewhere between 39 and 44 months.
Azizi told Construction Week in an exclusive interview last month that the development, which will be Dubai’s second tallest skyscraper, is the most “ambitious construction project” the developer has ever embarked upon.
“I am looking at every square foot of this project very seriously to ensure it finishes successfully and is delivered on time,” Mirwais added.