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Not to be outdone by New York real estate developers, Emirati development firm Binghatti and New York-headquartered watchmaker Jacob & Co. are joining forces to create the tallest residential tower in the world in Dubai, The Daily Mail reported.
The new “hypertower” named Burj Binghatti Jacob & Co. Residences is set to climb more than 100 stories into the sky and will be crowned with glittering, diamond-shaped spires on top. Currently, there is no set height estimate for the tower, but at 100 stories the developers’ aim is to surpass the height of the 98-story Central Park Tower at 217 West 57th St. in New York, which is 1,550 feet high, and set a new record for tallest residential construction in the world.
“Both our brands are born from the sheer desire to achieve what breaks boundaries,” Muhammad Binghatti, CEO and Head of Architecture at Binghatti, told The Daily Mail. “What Binghatti has done in real estate, by creating a brand through a distinct design philosophy and architectural identity is very similar to what Jacob & Co. has done in the world of jewelry and horology.” Horology is a term for the art of making watches and clocks.
The “astounding architectural and design luxury feat,” as the tower’s website dubs the building, will be located in Dubai’s financial district, Business Bay. Its 100-plus stories will offer two- and three-bedroom residences, including five penthouses of three different designs named after Jacob & Co.’s flagship watches, Fleurs de Jardin, Astronomia and Billionaire.
Lavish amenities will include a concierge team that provides bodyguard, daycare, chauffeur and private chef services. A private club in the tower will also feature an infinity pool and lounge area.
An opening date has yet to be announced for the luxury tower.