Located in the Dubai Marina area, the residential tower has sold over
80 per cent of its approximately 570 residential units, which includes
495 apartments, with one to four bedrooms, and penthouses.
Currently, the selling of residential units has stopped, but it is
expected to resume after the summer months, according to Alhatti.
Buyers that have units in the tower can move in starting from Tuesday, he said.
The tower, which has a 90 degree curve from top to bottom, also includes retail space and it is expected to have a spa as well.
It’s taken eight years to develop Cayan Tower, which was expected to be launched in 2010.
The delay is a result of a number of factors, including the financial woes of 2008 that put many projects in Dubai on hold.
Another factor is the collapse of the wall that held back the Marina water in 2007, Alhatti explained.
The 75 storey tower was designed by Skidmore Owings and Merrill, known for projects such as Burj Khalifa.
Cayan is “studying two projects in Dubai,” he said, but declined to give further details.
Dubai in the first week of June 2013 inaugurated the tallest twisted
tower of the world called Cayan Tower at the cost of 272 million US
dollar. Earlier it was called the Infinity Tower. It was inaugurated in
Dubai Marina. With this, Dubai created yet another record of engineering
marvels as well as skyscrapers.
About the Cayan Tower
• Cayan Tower is 310 metre or 1017 foot tall residential tower.
• It is 75 storeys building which is twisted at 90 degrees from the top most position to the bottom most position.
• The developer of this tower is Cayan Real Estate Investment and Development Company.
• 80 percent of the residential units have been sold already.
• Construction of this tower started in 2006, but then it was delayed.
•
The Cayan Tower has been designed by the masterminds of Burj Khalifa-
Chicago-based Skidmore Owings and Merrill. Burj Khalifa is the tallest
tower of the world with a height of 2717 foot. It broke all
architectural and engineering records when it was inaugurated in January
2010.
• The Guinness World Records in May 2012 declared Princess
Tower (the 1356 foot tower) of Dubai as the tallest residential building
of the world.
• Also, in 2012, the tallest hotel of the world- JW Marriott Marquis Dubai was inaugurated.
Cayan Tower, Dubai, United Arab Emirates