Abu Dhabi Say’s No to World’s Tallest Building

The planning authorities in Abu Dhabi have rejected the proposal of a giant Abu Dhabi property project which would have been the world’s tallest building comprising of 224 storeys. This tallest tower would have been called by the name of Al Imlaq or ‘The Giant’. The plan of this construction was presented to Sheikh Ahmed bin Zayed, a member of the royal family and the Abu Dhabi Executive Council member. The plan for this ultimate tower, The Giant was presented by a group of businessmen which was rejected.

The National report said that the planning permission of this tallest real estate construction was rejected after the staff of Sheikh Ahmed concluded that this building would affect air traffic. One of the major attractions of the building is that it would surpass the latest tallest building The Burj Dubai, thus creating a boom in the Abu Dhabi real estate market as well. The emirates real estate sector is expected to have more attractive investment propositions than Dubai by industry commentators.

Fayez Barakat the project’s promoter said: “One of the ideas for the building was to outdo the Burj Dubai. The Burj Dubai is expected to be more than 800m tall but its developer Emaar Properties has not disclosed the tower's exact height. Undeterred by Abu Dhabi's rejection, Barakat and his associates now plan to woo investors in Saudi Arabia, where billionaire Prince Alwaleed bin Talal's Kingdom Holding Company has already floated plans to build a 1.6-km tall tower.”

Moreover, the rejection of the proposal of this property development may be a blessing if it keeps the property supply in Abu Dhabi in check.