The higher tower of Dubai's next megaproject has been topped out.
Tower A of One Zaabeel – located beside Dubai's Trade Centre – has reached its highest structural point, developer Ithra said on Monday.
Topping out is a term used in construction that refers to when the last beam has been placed on top of a structure.
One Zaabeel consists of two towers connected by what's known as "The Link", which will host restaurants and an observation deck.
This latest addition to Dubai's glittering skyline has now moved a step closer to completion.
"One Zaabeel is a true reflection of Dubai’s spirit as it echoes the city’s message of unbridled ambition, innovative luxury and creative architecture," Issam Galadari, chief executive of Ithra Dubai, said.
"The iconic development today reached a pinnacle in construction with the top out of Towers A and B, bestowing a new wonder of architectural design, ultra-luxurious offerings and innovative construction onto the world map."
Tower A is 304 metres high and will house mainly offices and a resort, while the 241m Tower B consists of residential units over 57 storeys. Tower B was topped out earlier.
The Link – essentially a bridge between the two towers – was lifted into place last year and is about 100 metres above the ground.
It is expected that cladding and exterior works will finish on the development by the end of the year and attention will then turn to the interior.
The development also includes a One&Only resort. It was not revealed when One Zaabeel would open.
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- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
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