Chinese in front to build world’s tallest tower in Dubai
20 February, 2018 | By COLIN FOREMAN
Beijing-based China State Construction Engineering Corporation is the frontrunner for the contract to build the world’s tallest man-made structure in Dubai.
Local developer Emaar received bids from two groups for the estimated AED5.5bn ($1.5bn) contract to build The Tower at Dubai Creek Harbour in mid-January. The bidders are China State and a joint venture of the local/Belgium Belhasa Six Construct and the US’ Tishman.
It is understood that the China State bid has the lowest price, and accepts different contractual conditions than the Belhasa Six Construct/Tishman bid.
The superstructure comprises three key elements. They are: a concrete core, a steel frame structure on top of the concrete core, and cables descending down from the tower to the ground.
In late 2016, Dubai officially confirmed the tower will be the world’s tallest man-made structure when it is completed. The final height has not been disclosed. To become the world’s tallest tower, it will have to be more than 1,008 metres in height, which is the planned final height of the under-construction Jeddah Tower in Saudi Arabia.
The Tower at Dubai Creek Harbour has been tendered before. Emaar received prices from contractors in 2017, and it is understood that those offers were not within Emaar’s budget.
Companies are already working on the project. Belhasa Six Construct is working on the raft foundations. France’s Soletanche Bachy is the piling contractor for the project.
Spanish/Swiss architect and engineer Santiago Calatrava Valls is the main consultant on the project with the local office of Aurecon, which is supported by UK’s RMJM and Dubai-based DEC, acting as local engineer and architect of record.
The project manager for the tower is US-based Parsons.
The tower is the centrepiece of the 6-square-kilometre Dubai Creek Harbour development. It is located in the Ras al-Khor area on the banks of Dubai Creek and is being developed by a joint venture of Emaar and Dubai Holding.
Related Posts
Post Covid-19 recovery has long legs as market dynamics remain positive for the property sector across asset classes and emirates
Off-plan sales are driving new projects as existing stock does ...
READ MORE
Labour ministry may stop MoUs or impose hiring quotas on countries not responding to repatriation requests from UAE-based workers
The UAE’s Ministry of Human Resources and Emiratisation (Mohre) is considering the stoppage ...
READ MORE
Abu Dhabi has put the foundation in place to become a global hub for real estate investments
Abu Dhabi has embarked on an ambitious programme to attract private and foreign investment ...
READ MORE
Dubai Properties has received proposals from contractors for framework agreements that will cover construction work on the local developers’ upcoming projects.
The proposed framework agreements will be used for a wide ...
READ MORE
Fast-growing markets such as the UAE need to pay greater attention to the quality of ageing buildings and infrastructure, says Mashreq Bank
Planners, developers, designers and asset managers need to ...
READ MORE
Tribunal formed to oversee cancelled and liquidated real estate projects and ensure investors' rights
A special committee to oversee unfinished and cancelled real estate projects has been set up in Dubai.
Sheikh ...
READ MORE
In addition to key utilities projects, KAPP is also planning to develop real estate public-private partnerships
As other regional governments launch ambitious public-private partnership (PPP) initiatives, Kuwait is celebrating the 10-year ...
READ MORE
The emirate’s growing real estate sector can benefit from leveraging sustainable practices from the outset
This article is the fourth in a series that captures key highlights from the RAK Real ...
READ MORE
The global real estate financing landscape is evolving, with private debt emerging as a pivotal alternative to traditional bank lending. This shift has created an opportunity for private credit funds, ...
READ MORE
This article is a part of a series from the Dubai Real Estate Forum held by MEED and Mashreq on 22 March 2022 in Dubai.
Improving demand is expected to hold ...
READ MORE
Sustained recovery: Positive outlook for UAE real estate
UAE mulls curbs on lax labour markets
Abu Dhabi Real Estate on the Rise
Contractors submit proposals for Dubai Properties framework agreements
UAE real estate must reassess asset health strategies
Dubai pushes reforms for cancelled projects
Kuwait positive on PPP prospects
Sustainability shapes Ras al-Khaimah real estate
Case Study: Opportunities for private debt in real
Dubai property to sustain demand in 2022
20 February, 2018 | .By COLIN FOREMAN