After a brief lull, Dubai is back to its biggest and tallest ways and once again it is a building that is set to make the statement.
As a step in this direction, Trident International Holdings has awarded a $400 million contract to Arabian Construct ion Company (ACC) to build the world's tallest residential tower the 'Pentominium' in Dubai Marina.
According to the developer, the 124 floor Pentominium 'whose name is derived from two words: penthouse and condominium' will be one of the world's tallest man-made structures and is projected to be the second-tallest building in the world after Burj Dubai.
Each apartment in the 618 metres tower will consist of either half a floor, or an entire floor.
The total built-up area will be 170,000 square metres and the construction duration is expected to take 48 months, a company statement said.
The Pentominium will be the tallest all-residential building in the world upon completion and it currently has the highest projected height of any residential building under construction, according to Aedas, the project designers.
Executive director and CEO of Trident International Holdings, Wazir Daredia, said "Pentominium is a unique project that escalates the concept of luxury living to new heights and with construction major ACC on board, the project has joined an exquisite bouquet of brand partnerships we have forged for the development."
