Dubai plans 1km-high tower
Developer Nakheel this weekend revealed plans for a 1km-high tower in the centre of Dubai, set to eclipse the world’s current tallest tower, the Burj Dubai.
The Nakheel Tower will form part of a 270ha development called New Dubai, which is expected to take a decade to build and cost £21billion.
The scheme, in the Jebel Ali area of Dubai, is designed by global architecture firm Woods Bagot.
Nakheel said that instead of a single core the skyscraper would have four cores “inspired by Islamic patterns”.
Speaking to the Middle East press, Nakheel chief executive Chris O’Donnell claimed the global credit crisis would not affect plans for the tower. He said funds for the scheme would come from a combination of “pre-sales of land in and around the tower, and then project funding”.
The announcement came a day before the start of the Cityscape 2008 event in Dubai, the Middle East equivalent of the Mipim property fair. The event is expected to attract 60,000 visitors from 150 countries and will include 1,500 exhibitors.