Tameer Investment Holding recently announced the commencement of soil consolidation works for the world's tallest residential tower, the Princess Tower in Dubai Marine. Located opposite the Dubai Media City, the Princess Tower consists of one hundred levels.
"Zeetas Company has been assigned to undertake the soil consolidation works, which is expected to reach a depth of 22 meters under ground. This phase is projected to be complete by January 2006, at a cost of AED seven million approximately," said Omar Ayesh, CEO of Tameer Investment Holding.