9 world records: Dubai’s new challenge for global property developers
UAE developers to showcase mega projects as Cityscape Global opens today
By 24/7 news
Published Tuesday, September 08, 2015
Real estate projects, worth billions of dollars, will be displayed under one roof in Dubai on Tuesday at Cityscape Global property event, but UAE developers will take the limelight, revealing details of their mega projects that will set up new challenges for global developers.
The project will include 711-metre Dubai One Tower, the world’s tallest residential tower; world’s highest restaurant at 675 metres; the world’s longest indoor ski slope at 1.2 kilometres; the world’s largest indoor gymnasium at 25,000 square metres; the world’s highest 360° observation deck at 655 metres and the world’s largest dancing fountain at 420 metres in length.
Dubai Multi Commodities Centre, developer of Jumeirah Lakes Towers, will for the first time unveil the details of the Burj 2020 district – home to Burj 2020 tower, billed to be the world’s tallest commercial tower.
The company has got Adrian Smith + Gordon Gill Architecture (AS+GG) to design the tower, while WATG, a destination creation consultancy, is working on the master plan of the district. Construction is expected to begin this year with plans to complete the tower before 2020.
Dubai is the host city for Expo 2020, which will run from October 20, 2020 to April 10, 2021.
Emaar Properties, Dubai’s largest developer, will showcase the tallest twin towers in the world in their Dubai Creek Harbour at The Lagoons. When completed, they will surpass the 1,483-feet Petronas Towers in Kuala Lumpur, Malaysia.
Meraas Holdings, developer of the project, will display Dubai Eye, the world’s largest ferris wheel, on its Dh6-billion Bluewaters Island, close to Jumeirah Beach Residence development. The 210-metre Dubai Eye will offer views of the emirate’s coastline and landmarks such as Burj Al Arab, Palm Jumeirah and Burj Khalifa.
Sharjah Waterfront City
Vying for attention will be Sharjah Oasis Real Estate Development Company, new kid on the block, which will reveal details of its Dh20 billion waterfront city with 200 towers, 95 apartment buildings, a water theme park. The city will house 200,000 people.
The three-day Cityscape Global, held at the Dubai World Trade Centre, will bring together over 300 exhibitors from 30 different countries, with the largest participation coming from UAE companies.