Dubai’s Princess Tower named as tallest residential building in the world
31-05-2012
The Dubai Marina skyscraper is 414 meters high with 107 storeys that include six basement floors, one ground floor, and 100 above ground levels. It also has eight retail stores.
The tower occupies a land area of 37,410 square feet and has 763 luxury apartments, including one, two, three and four bedroom apartments in addition to penthouse apartments overlooking Palm Jumeirah.
‘This is one instance when saying we feel on top of the world is completely justified,’ said Federico Tauber, president of developer Tameer.
‘It is a very proud moment for Tameer and for the city of Dubai, which now holds the twin distinction of being home to the world's tallest building and the world's tallest residential building,’ he added.
Last month, it was reported that the former Soviet state of Azerbaijan is looking to build the tallest building in the world. Tentatively named Azerbaijan Tower, the planned 1,050 metre structure will dwarf Dubai's Burj Khalifa to look over Baku's largest development project which is planned to include dozens of artificial islands and a Formula One race track.
It is also likely to be taller than the Kingdom Tower, the planned one kilometre high building backed by Saudi billionaire Prince Alwaleed.