Dubai’s Emaar tops list of world’s tall tower developers
Three Dubai companies are named among the top five skyscraper developers in the world
By Parag Deulgaonkar arabianbusiness
Saturday, 22 October 2016 10:51 AM
Three Dubai companies have been named among the top five developers of the tallest buildings in the world.
Emaar Properties is listed number one developer in the world, with Emirates and Tameer Holding placed fifth on the list released by the Council on Tall Buildings and Urban Habitat on its website.
The Dubai Financial Market-listed company is the developer of 828-metre Burj Khalifa, the world’s tallest tower. It has commenced work of 928-metre ‘The Tower’ in Dubai Creek Harbour development, which is scheduled for completion in 2020.
Though the list does not mention the towers owned by Emirates and Tameer, the former is the developer of the 355-metre JW Marriott Marquis Dubai Hotel, the world’s tallest hotel towers, while the latter has built the 414-metre Princess Tower, the world’s tallest residential building.
Sharing the first place with Emaar is China’s Greenland Group, while Hong Kong-based companies – Sun Hung Kai Properties Limited and The (Wharf) Holdings Limited – take the third place.
Dubai also beats New York, Shenzhen and Hong Kong in the list of cities hosting tallest towers. The emirate is home to 15 tallest towers compared to seven each in New York and Shenzhen, and five in Hong Kong.
In January this year, CTBUH said Dubai continues to dominate the world in the 300-plus-metre skyscraper category, with the world having 100 of them.
Three more companies – Meydan, Dubai Multi Commodities Centre and RP Global – have already announced plans to build tallest residential and commercial towers.