Construction begins on a $3 billion residential tower in Dubai, set to become one of the world’s tallest. Al Habtoor Tower, standing 345 meters tall, offers over 1,700 units across 81 floors, with completion expected by 2026. Over 20% of properties sold within a month, showcasing high demand.
Strategically located off Sheikh Zayed Road, the tower promises convenient access to various parts of Dubai, including the airport, within a 15-minute commute. With buyers from around the globe, including a significant Russian presence, the tower caters to both investors and residents.
Dubai’s skyline, adorned with skyscrapers, welcomes this addition eagerly. As the city’s population grows, demand for premium real estate remains high, particularly in key locations like Al Habtoor Tower, near landmarks such as Dubai Mall and Burj Khalifa.
Experts note the buoyancy of Dubai’s real estate market, with launches selling out rapidly, underscoring the city’s status as a global hub for iconic architecture and luxurious living. Despite recent trends favoring suburban living, projects like Al Habtoor Tower emphasize the enduring appeal of high-rise living, offering convenience and prestige in Dubai’s bustling center.