Dubai Pearl
Dubai Pearl (Arabic: لؤلؤة دبي) was a 73-storey, 300 m (984 ft), tall residential skyscraper project situated along Al Sufouh Road in Dubai, United Arab Emirates. The project was first announced in 2002.[1] Construction has been on hold since 2009.[2] The building would have consisted of four mixed-use towers connected together at the base and by a sky bridge at the top. The structural design was carried out by the Dubai-based engineering firm e-Construct. Construction was started in 2009, and the project would have cost $4 billion (Dh14.6 billion). Had it been completed, Dubai Pearl would have accommodated 9,000 residents and its commercial sector would have employed 12,000 people. The demolition of Dubai Pearl started on 23 January 2023. [3]
| Dubai Pearl | |
|---|---|
 Render of the building complex | |
 | |
| General information | |
| Status | Cancelled, demolished |
| Coordinates | 25°05′55.46″N 55°09′36.10″E |
| Construction started | 2006 |
| Owner | MGM Resorts International |
| 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/ | |
Investment issues
The Omnix Group, the company responsible for the initial proposal for the building in 2002, struggled to act on its plans. The project was taken over by the Abu Dhabi Al-Fahim Group in 2007, but progress stalled on the project.[4] 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
The building demolition works started in October 2022, potentially for another redevelopment project in the future.[5]
Moon Dubai
Moon Resort selects Dubai Pearl plot for mega-project.[6]
Moon Resort is a $5 billion project.[6]
Moon Resort will be owned by Moon World Resorts Inc.[6]
See also
References
- "Dubai Pearl demolition revealed in exclusive pictures, videos".
- "Diving for answers: What's happened to Dubai Pearl?". ArabianBusiness.com. Retrieved 2018-10-24.
- https://www.thenationalnews.com/uae/2023/01/23/tremors-felt-as-dubai-pearl-demolition-work-begins/
- "Investors still fighting for answers over long-stalled Dubai Pearl". Arab News. 2017-03-31. Retrieved 2020-10-15.
- "Dubai Pearl demolition underway, potential site redevelopment in the works". Arabian Business. Retrieved 2022-11-21.
{{cite web}}: CS1 maint: url-status (link) - "Moon Resort selects Dubai Pearl as location for $5 billion mega-project".