A joint venture to build the Dh1.75 billion 61-storey Tiara United Towers was recently announced by Zabeel Investments and United Holdings.
The twinned tower project is located on the Shaikh Zayed Road, according to Khaleej Times, and is expected to be completed in 2009. In a regional construction first, Tiara United Towers will feature a coloration technique, which will have the building appear in multiple colors as the building ascends.
"This joint venture will see a true architectural icon take its place in Dubai's vision,” said Mohammed Ali Al Hashimi, Executive Chairman for Zabeel Investments.
“The concept and planning for Tiara United Towers has been under discussion for months as we looked for new techniques and solutions in order to bring something truly original, another Dubai first," he added.
The project is the first partnership for Zabeel Investments and United Holdings, a Dubai-based holding company with interests in commercial, residential and retail property development, investments in hospitality and recreation projects, as well as areas of finance.
