A 500m-plus hotel and branded real estate project has created a flutter in Dubai’s realty market. This development, associated with the Corinthia Hotels, boasts a unique feature — the world’s highest outdoor pool! As construction progresses, more details about this ambitious project will emerge.
The tower is expected to surpass the current record holder, which stands at an impressive 323.1 meters above grade at the China Resources Tower in Nanning, Guangxi. The tower will be a mixed-use project that will likely include luxury residences, high-end retail spaces, and world-class amenities.
According to the ValuStrat Price Index, property values in Dubai increased 19.9% in 2024. The luxury segment saw a 30.2% increase in demand for high-end properties. This new development is perfectly positioned to capitalize on this trend; it will offer ultra-luxury living spaces for local and international investors.
The project will significantly impact Dubai’s tourism sector as well due to the following reasons —
- it’s likely to become a major pull, drawing in visitors from around the globe
- it will set new benchmarks in the luxury hospitality and real estate domains
This project will add to Dubai’s impressive skyline and reinforce the city’s reputation as a hub of innovation and luxury.