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
On 23 May, Abu Dhabi’s Department of Culture issued guidelines to hotels in the emirate for the reopening of restaurants, bars, beaches, pools and gyms.
The announcement marked the start of ...
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
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
Zain Qureshi, Global head of real estate finance and advisory at Mashreq comments on the advancements in the sector
Regional impetus
The GCC real estate sector is experiencing sustained growth, driven by ...
READ MORE
Completed in 2008, Palm Jumeirah stands out as one of Dubai’s most iconic real estate developments. The palm-shaped archipelago stretches over 560 hectares of reclaimed land and is now home ...
READ MORE
Commercial property landlords in the UAE need to offer greater flexibility to meet the needs of their tenants in the post-Covid environment, says leading real estate adviser Mashreq
Download the complete ...
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
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
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
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
CONNECT SERIES: A new model for hospitality
Abu Dhabi Real Estate on the Rise
A Wynn-Wynn situation: Ras al-Khaimah real estate growth
Watch: The continuing evolution of GCC real estate
Case Study: Palm Jumeirah- Redefining real estate development
UAE landlords must adapt to a changed market
Dubai pushes reforms for cancelled projects
Circular economy reshapes business strategies in the UAE
Sustained recovery: Positive outlook for UAE real estate
UAE real estate must reassess asset health strategies
20 February, 2018 | .By COLIN FOREMAN
