Staff Report
Dubai, UAE
Property sale at Dubai’s newly-launched skyscraper, the Dh3 billion Al Habtoor Tower, started at Al Habtoor City, where the 82-storeyed building will be built.
Once completed in three years, the 345-metre high Al Habtoor Tower will be the tallest residential tower in the world, officials say. Ground-breaking of the project has already taken place a few weeks ago – marking the formal construction activities.
Located on Sheikh Zayed Road and adjacent to the Dubai Water Canal, the project is valued at Dh3 billion. The 82-storey structure will have a built-up area of 327,000 square meters and feature 1,619 housing units, including 22 sky villas. The sky villas are from Level 76 upwards. Prices for a one-bedroom start from Dh2.1 million, 2BHK from Dh3.5 million, and 3BHK from Dh4.7 million, while sky villas yet to be priced.
Khalaf Ahmad Al Habtoor, Founding Chairman of Al Habtoor Group, stated:“We are pleased to unveil the exquisite Al Habtoor Tower and reiterate our unwavering commitment to creating exceptional experiences for our customers by designing and building unique residential developments. Driven by our passion for excellence, we constantly strive to raise benchmarks in comfort and style through our portfolio of exceptional developments.
“Al Habtoor Tower will seamlessly merge luxury, modern amenities, and skyline views to create beautiful experiences for its residents. Each and every detail of this residential tower will be curated with precision to meet the highest standards of superior quality as well as provide our customers with extraordinary homes that have everything they wish for and beyond.”
The launch of Al Habtoor Tower comes as demand for properties remain strong in Dubai, fueled by strong demand from Russia, Ukraine, India and other countries. A number of developers have launched luxury projects in recent weeks – accelerating the pace of real estate development – driven by strong sales.
The three amenity floors (on the 8th, 47th and 70th) include Infinity pools and leisure decks. The range of recreational and leisure facilities that will be offered within the tower include infinity pools with 270-degree views of the Dubai skyline, indoor and outdoor relaxation spaces, multiple gym and fitness facilities, paddle tennis courts, luxury spa and sauna facilities, licensed resident cafes and restaurants, library, quiet spaces, networking rooms, and many more. The tower is expected to garner a lot of interest and attention from prospective investors and homebuyers, who are seeking luxurious living spaces at the heart of Dubai.
Mohammed Al Habtoor, Vice-Chairman and CEO of Al Habtoor Group, said, “Al Habtoor Tower, an architectural masterpiece represents Al Habtoor Group’s long legacy and symbolises luxury and sophisticated living. Featuring record-breaking architecture and impressive designs coupled with world-class amenities, this luxury master development is poised to become a famous landmark that delivers a distinctive living experience to its inhabitants.”
Al Habtoor Group has already appointed Provident Real Estate as its exclusive sales agent to sell out the project while it has appointed China Rail to construct the project and deliver in 2026.
Thomas Murdoch, deputy general manager of Al Habtoor Group, said in an interview with Gulf Property, “We are already at around the 10-11 per cent mark in terms of sale. We are not worried about supply chain challenges either – we trust our contractor to get the job done.”
The construction of this tower will include the use of cutting-edge construction technologies that are to be employed in the UAE for the first time and are also environmentally friendly. The Group aims to achieve LEED Platinum Certification for this residential building.
Situated on the banks of Dubai Water Canal and on Sheikh Zayed Road, Al Habtoor City is a multi-use development that features a rare collection of ultra-luxury hotels, a boulevard, and residential towers, in addition to 27 restaurants, hotels, and tennis academy, with a 5-minute city accessibility. A significant addition to these, Al Habtoor Tower, a vertical city within the remarkable Al Habtoor City, will be an ultimate destination for a lifestyle where luxury permeates every aspect of living. The construction of this tower will include the use of cutting-edge construction technologies that are to be employed in the UAE for the first time and are also environmentally friendly. The Group aims to achieve LEED Platinum Certification for this residential building.
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