 Tallest Residential Dubai-based real estate developer Select Group has secured the Pentominium Tower, aiming to be the world’s tallest residential high-rise upon completion. The acquisition, following a $100 million bid in a Dubai Courts-approved auction, marks a significant milestone for the developer. The project, located in Dubai Marina, faced challenges during the 2008 financial downturn but has now found new momentum under Select Group’s ownership.
Auction Triumph Amid Global Interest
The Pentominium Tower garnered attention with 46 bids during the auction process, showcasing strong interest and competition. Select Group’s successful bid positions them to develop this iconic skyscraper, adding to Dubai’s impressive skyline.
Vision for Architectural Excellence: Tallest Residential
Rahail Aslam, CEO and founder of Select Group, expressed enthusiasm for this “once-in-a-lifetime opportunity” to develop an ultra-high-rise residence in Dubai Marina. The project aims to redefine global benchmarks for residential skyscrapers, with a commitment to delivering architectural excellence.
Strategic Partnerships for Success
Select Group has strategically partnered with industry leaders, including engineering consultancy WSP, architectural firm Woods Bagot, and interior design firm Mitchell & Eades. These collaborations emphasize the developer’s commitment to ensuring the tower’s success in terms of design, engineering, and interior aesthetics.
Charting New Heights in Dubai Marina
The Pentominium Tower, poised to stand taller than many renowned residential developments worldwide, will occupy a key position in Dubai Marina. The tower’s super slender design and ambitious height goals contribute to its significance as one of the last remaining plots in this vibrant area.
Setting Global Records: Tallest Residential
While specific details about the tower’s height and floor count remain undisclosed, the acquisition adds to Dubai’s reputation for pushing architectural boundaries. As Select Group embarks on this ambitious project, the city anticipates another addition to its skyline that will undoubtedly capture global attention.
Also Red
Dubai Private Schools Excel Globally in Mathematics Rankings
Dazzling Drone and Lights Spectacle to Illuminate Dubai Skies During Shopping Festival-1
