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
The commercial impact of Covid-19 has dramatically changed the banking needs of companies in the UAE, says latest briefing from Mashreq Bank
Download the complete media briefing here
Over half of ...
READ MORE
Transactional data and large-scale investments including the Wynn Resort indicate strong appetite for Ras al-Khaimah’s ‘nature and community living’ promise
· Ras al-Khaimah real estate is enjoying a period of robust ...
READ MORE
Regional tourism markets are slightly ahead of global peers as borders reopen for international travellers
The immediate business impact of precautionary measures against Covid-19 was felt most deeply by the tourism ...
READ MORE
Oversupply points to further decline and shrinking developer margins in the Dubai real estate market in 2019, and continued weakness through 2020
Dubai real estate prices will continue to deteriorate in ...
READ MORE
The pandemic has changed the requirements for the office of the future
Watch the webinar here
One year on since office workers across the world were sent home to help prevent the ...
READ MORE
Demand for affordable and community-centric homes is driving an uptick in the UAE residential property sector
· Changing consumer behaviour such as demand for community-centric, open spaces is steering buyers towards ...
READ MORE
Organisations in the UAE are beginning to see the value in adopting closed-loop resource systems
Key takeaways:
Governments and organisations are beginning to recognise the multi-trillion-dollar business value of circular economy ...
READ MORE
The Covid-19 pandemic is accelerating lay-offs amid a low-oil price environment, but some employers are seeking alternatives
Lay-off and redundancy activity has accelerated in the Middle East’s construction sector as it contends with ...
READ MORE
Experts at the Real Estate Forum analysed trends disrupting the property market in the coming year
Despite the multitude of challenges that have faced the market in recent years, Dubai’s 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
Companies call for greater financing support from Covid-19
A Wynn-Wynn situation: Ras al-Khaimah real estate growth
Middle East tourism economy readies to reopen
Dubai real estate will improve in 2021 at
New priorities for the post-Covid workspace
Villas, townhouses drive UAE residential market
Circular economy reshapes business strategies in the UAE
Pandemic quickens construction job cuts
Outlook for Dubai Real Estate
Case Study: Opportunities for private debt in real
20 February, 2018 | .By COLIN FOREMAN