Al Habtoor Tower is being developed in Dubai at a total value of $3 billion and is expected to stand 345 meters tall upon completion.
The new residential building is set to be the emirate’s next world-famous tower. The project will be 81 floors high and include over 1,700 units. It is expected to be concluded by the third quarter (Q3) of 2026.
“You can see from how quickly the properties are selling that there is a need for this kind of building,” said Omar Kabalan of Provident Real Estate, the sales project manager for Al Habtoor Tower. “People are liking the fact that you’re only a 15-minute journey from most parts of Dubai, including the airport.
Kabalan added: “There aren’t many empty plots on the Sheikh Zayed Road to develop so that’s why this building will be all the more popular.”
Upon completing the scheme, the building will rank as the 11th tallest residential building in the world, according to the Council of Tall Buildings and Urban Habitat.
Kabalan pointed out that those who have already bought units at the property come from all over the world.
“We’re seeing a mix from many countries but so far a lot of Russians have invested,” he said. “There’s probably a fairly even split between those who are buying to invest and those who want to live in the units themselves.”
It is worth highlighting that Dubai also has seven of the top 10 tallest hotels in the world, including the Gevora Hotel, JW Marriott Marquis Hotel, Rose Rayhaan by Rotana, Burj Al Arab, Jumeirah Emirates Towers, Address Beach Resort and The Tower Plaza.