Dubai Creek Tower : Construction to Restart On World's Tallest tower In 2024
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- Опубліковано 8 вер 2023
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Construction to Restart On Dubai Creek Tower the world's tallest tower to Be Built
Emaar founder Alabbar says Dubai Creek Tower being redesigned, construction to begin within one year
Following a competition that saw participation from several renowned international companies, the tower is now undergoing redesign, Emaar’s Mohamed Alabbar said
In an update about the Dubai Creek Tower project, Emaar Properties’ founder Mohamed Alabbar has revealed that the tower is “currently in the process of being redesigned,” according to a statement by Emirates News Agency (WAM).
Following a competition that saw participation from several renowned international companies, the tower is now undergoing redesign.
Over the course of the next 7 to 8 months, Emaar Properties, in collaboration with the selected international firm, aims to cultivate a fresh concept for this project.
“We hope to start construction within a year from now,” WAM said, citing Alabbar.
Alabbar, who is the founder of Emaar Properties and the e-commerce platform Noon, also appreciated the UAE for its developed competitive economy and stable investment environment. He attributed this to the forward-thinking vision of the country’s leadership.
“The wise leadership in the country has placed a top priority on the continuous improvement of the business environment, in a way that aims to attract investors of all sizes and activities,” Alabbar said, adding that this approach has resulted in robust growth for companies like Emaar Properties and Noon.
Dubai’s Emaar to deliver 45 towers in 2023, says Alabbar
Emaar Properties, one of the UAE’s leading real estate developers, “intends to deliver 45 towers including 15,000 apartments in 2023,” Alabbar said.
Alabbar expressed optimism about the company’s future growth, citing its strong financial performance in the first half of the year, with revenues reaching AED12.3 billion and net profits growing by 15 percent to AED4.9 billion.
Alabbar also revealed plans for long-term expansion, saying the Board of Directors of Emaar Properties is setting long-term expansion plans that extend between 15 to 20 years, including new projects scheduled to be launched.
Regarding Noon, Alabbar spoke of its rapid development since its introduction in 2017.
The e-commerce platform has become a regional leader in online shopping, offering services like Noon Minutes and Noon Food.
Noon is focusing on growth and expansion in the UAE, Saudi Arabia, and Egypt, with potential plans to enter other markets. Alabbar also mentioned Noon’s interest in the travel sector as part of its growth strategy.
“Noon is focused on growth and expansion in the UAE, Saudi Arabia and Egypt, and we are seriously considering offering and listing in the future,” Alabbar added.
In addition to his roles at Emaar Properties and Noon, Alabbar serves as the Chairman of the Board of Directors of Americana Restaurants.
He spoke of Americana’s listing on stock markets in Abu Dhabi and Saudi Arabia as a milestone and projected the opening of 250 to 260 new restaurants by the end of the year.
Alabbar expressed optimism about the UAE’s economic prospects, citing the country’s positive growth rates and solid economic performance, which have surpassed international estimates, “thanks to the wise policies of the wise leadership,” WAM said.
The Dubai Creek tower was in competition with the Jeddah tower to become the world's tallest skyscraper, but the Jeddah tower has also failed and its construction is totally suspended. since 2020. The fate of the skyscraper is still uncertain.
Good news!! Good thing we have the Dubai Creek Tower!! I still think to this day how incredible it would have been if the 1,400 meter Nakheel Tower had been built. But Emaar is going to built a tower as incredible as Nakheel, that alone is cause for celebration! Congratulations on the video, I loved it! I signed up!
Thank you very much !😀😀
is looks like wedding dress
The design will be changed and the height might be shorter
Really outstanding tower and video!
Dubai Creek Tower will be redesigned next year, in August 2024 work will resume. The Dubai Creek Tower will be ready in 2025. I loved the video!!!
It's really appreciated ! yes, I am glad that the project is back. I hope the same will happen with Kingdom Tower in Jeddah.
@@megaprojectsanddevelopments Apparently you predicted the future, several multinational companies are negotiating to invest in the continued construction of the Kingdom Tower.
Excellent video! Congratulations! I just don't understand the reason for the redesign, the Dubai Creek Tower is already so beautiful! I hope to be surprised by the redesign. Hugs!
Excellent Video. I recently sold some residential units there and I push my investors to buy there . I sold Creek Beach, Creek waters 1 -2 , Palace, clients they will make a lot of money in few years.
I loved the video! I just hope that the height of the Dubai Creek Tower is more than 1300 meters, and not just 928 meters.
😮😮😮😮😮😮😮😮😮😮
Hope it's real to resume this building.....
Kingdom tower announced in September they are restarting construction before the announcement of this tower so…..
I’m sad it’s getting a redesign, since the original seemed quite literally perfect, atleast for me 😢, now there there, let’s see how this truly turns out,tho!
if i was there in 2014 and in 2023 i saw the creek tower i'd say " bye burj im moving to the creek tower"
Finish is up!! 👊
They say that they will redesign the structure and it will no longer be tall
I bet gonna be taller
يتطاولون في البنيان... افق ياغافل...اللبيب بالإشارة يفهم!!
lol rip Jeddah tower
Most fascinating projects in dubai initially have a great design and then are often redesigned. redesigns are often disappointing. So i expect a bad redesign
This project is still going to fail
Plausibly