The world’s tallest residential tower has at last opened for occupancy, gulfnews.com writes. The Princess Tower in Dubai Marina stands at 414 metres in height.

The 107 storey building, comprises six basements, 763 apartments on 100 levels and shops on the ground floor. Developer, Tameer, says that 98 per cent of the tower has already been sold.

World’s Tallest Residential Building

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It was officially recognised as the ‘World’s Tallest Residential Building’ earlier in the year by the the Council on Tall Buildings and Urban Habitat (CTBUH) and Guinness World Records.

Dubai is known for its love of super-skyscraper architecture

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The Princess Tower is situated among 19 of the world’s 100 tallest towers, according to the CTBUH list. That includes the number one building, mixed-use Burj Khalifa which measures a staggering 828 metres tall.

The worldwide race to the sky

Of all the nations, China leads the way with 31 of its towers making the list, the UAE with 22 in total and the USA boasts 21 tall buildings.

Lucky residents at the Princess Tower

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Following four years of preparation and construction, the Princess Tower is now opening its doors, allowing the first occupants to move in. According toemirates247.com, the lucky residents will ‘enjoy’ the lowest service level charges in Dubai, set at Dh10 per square feet.

Compare this with Dh15.32 psf at rival tower, Jumeriah Beach Residence and Dh55.01 psf at the Burj Khalifa.

Author: Elizabeth Smythe    Date Written: 13 November 2012