Dubai Pearl
25°5′55.46″N 55°9′36.10″E / 25.0987389°N 55.1600278°E
Dubai Pearl | |
---|---|
![]() | |
General information | |
Status | Never completed and as of early 2024 fully demolished |
Construction started | 2004 |
Estimated completion | 2006 (originally). Eventually never completed and demolished |
Owner | Pearl Dubai FZ LLC |
Height | |
Roof | 300 m (984 ft) |
Technical details | |
Floor count | 73 |
Floor area | 1,850,000 m2 (19,900,000 sq ft) |
Design and construction | |
Architect(s) | Schweger Associated Architect |
Developer | Al Habtoor Engineering Enterprises, and Leighton Contractors |
Structural engineer | e.construct |
Website | |
https://www.dubaipearl.com/ |
Dubai Pearl (
Investment issues
Dubai Pearl was initially launched by Omnix Group in 2002. The project was then acquired by Tecom Group in 2007 and sold to Abu Dhabi Al-Fahim Group later that year, but progress stalled on the project since then.[3] In 2014, Hong Kong-based Chow Tai Fook Endowment Industry Investment Development (CTFE) reportedly bought a $1.9bn share of the project, promising to restart the project later that year, though that never happened.
Demolition and redevelopment proposals
In July 2016, some witnesses reported on Twitter, showing images of the construction cranes on the project site being removed, and the complex remains abandoned.
Canadian businessman Michael Henderson has proposed Project Moon, a 900-foot (270 m) replica of the
See also
References
- ^ "Dubai Pearl demolition revealed in exclusive pictures, videos".
- ^ "Diving for answers: What's happened to Dubai Pearl?". ArabianBusiness.com. Retrieved 24 October 2018.
- ^ "Investors still fighting for answers over long-stalled Dubai Pearl". Arab News. 31 March 2017. Retrieved 15 October 2020.
- ^ El Hajj, Nick (19 May 2023). "Dubai's next big thing? Perhaps a $5 billion man-made 'moon' as the city's real estate market booms". Associated Press. Retrieved 8 June 2023.