Tameer delivers world's highest homes

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Princess Tower, located in Dubai Marina, has been confirmed as the world's tallest residential tower.

Princess Tower, located in Dubai Marina, has been confirmed as the world's tallest residential tower.

Real estate developer Tameer said on Wednesday that it had delivered its landmark residential project Princess Tower, which soars at 414m high over the Dubai Marina skyline.

Earlier this year, the tower was recognised as the World Tallest Residential Building by the Council on Tall Buildings and Urban Habitat and the Guinness World Records.

Occupying a land area of 37,410 sq ft, the tower comprises of six basement levels, a ground floor and a further 100 storeys.

Princess Tower offers 763 units, including 1, 2, 3 bedrooms and penthouses and is supported by 957 parking bays and eight shops.

Commenting on the delivery of the project, Federico Tauber, president of Tameer, said: "We are proud to announce today the completion of Princess Tower considered as a true achievement in architecture and construction terms in addition to a unique location in Dubai Marina."

He added: "The ability to face these exceptionally challenging market conditions were only achieved with the help of Tameer owners, the support and trust of our clients.

"The handover of properties has already started and several residents have planned their moving in."

Last month it delivered Elite Residence, a 91-storey structure which stands at a height of 381m, close to Princess Tower in Dubai Marina.

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Posted by: Red Snappa

Were all the 763 apartments pre-sold at Princess Tower, especially the highest of high rise residences? Press release, which I assume is what the AB article is based around, seems to imply handover to a few with some moving in, guess that many apartments coming online will take a while.

Quite a big injection of new properties into a tortuously recovering market, effect on prices, anybody?? Remarkably, no units for resale have appeared on the main listing site as yet; completed properties, being the best sellers. Too early to tell I expect.

So are they all sold?

Posted by: mhd ahed

But what about the 2 Tameer towers (A & B) in Abu Dhabi? Any updates on resumption of work there?

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