Located in Business Bay, the tower is the latest in a series of supertall towers being built in Dubai
Dubai-based real estate developer Deyaar Development has announced plans for a new supertall tower, the latest in a line of buildings with 100-plus storeys in the emirate currently in design or construction.
Called Downtown Residences, the tower will have five basements, 12 podiums and 97 residential floors housing 522 apartments. Although no official height has been given, towers with a similar number of storeys are typically between 450 metres and 530 metres high.
The project in Business Bay is the latest in a series of supertall towers being constructed in Dubai as developers seek to capitalise on strong investor demand and record high sales prices.
Other significant under-development supertalls – towers with a height of between 300 metres and 599 metres – include the Burj Binghatti Jacob & Co Residences, Bayz 101 and Bayz 102, Tiger Sky Tower, the Six Senses Residences, Franck Muller Aeternitas and Avior by Acube, all of which will have more than 100 storeys.
Another supertall unveiled on 9 June is the Jumeirah Residences Emirates Towers. Comprising 754 units, it will be developed by Meraas, part of Dubai Holding. Designed by Singapore-based SCDA Architects, the project will be located behind the existing Emirates Towers.
The emirate also has one megatall tower – a building more than 600 metres tall – under construction, the 720-metre-high Burj Azizi. When completed, it will be one of the top 10 tallest buildings globally and the second highest in the region after the 828-metre-high Burj Khalifa.
READ THE JUNE 2025 MEED BUSINESS REVIEW – click here to view PDF
Gulf accelerates AI and data centre strategy; Baghdad keeps up project spending, but fiscal clouds gather; Banking stocks rise despite lower global oil prices
Distributed to senior decision-makers in the region and around the world, the June 2025 edition of MEED Business Review includes:
> AGENDA 1: Data centres churn investments > AGENDA 2: Gulf seizes AI opportunities > MEED TOP 100: Middle East stocks defy lower oil prices > SAUDI ARABIA: Riyadh confirms capital expenditure cuts > INTERVIEW: Mena crucial to Veolia’s growth plan > GULF PROJECTS INDEX: Gulf projects index leaps 4.3% > CONTRACT AWARDS: Region sees third month of weak awards activity > ECONOMIC DATA: Data drives regional projects > OPINION: Dealmaking trumps the Truman Doctrine |
To see previous issues of MEED Business Review, please click here
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