The contract for the construction of the world’s tallest residential tower, The Princess Tower, has been awarded to Arabian Construction Company (ACC) by the Sharjah-based Tameer Holdings, the developer.

The 107-storey building will be located in Dubai Marina.
The value of the contract is Dh690 million ($187.5 million) and the project is scheduled to be completed in 2009.
“We thank Tameer for entrusting us with their signature project, which we commit to deliver to the highest standards, in line with ACC’s recognised code of practice,” said Hassan Auji, general manager of the ACC Dubai.
ACC was selected for this project due to its extensive experience in high-rise construction. The company has been associated with a number of skyscrapers in Dubai such as the 80-storey 333-m-tall Rose Rotana Suites Tower (the highest furnished apartment tower in the world) and DMCC’s 70-storey 360 m-tall Almas Tower.
Sitting on a 3,500 sq m plot in Dubai Marina, the Princess Tower will rise 414 m with a total built-up area of 170,000 sq m.
When complete, the building will contain 750 luxury residential apartment units of two, three and four bedrooms along with duplex villas and penthouses. It will replace the 323 m tall Q1 Tower on the Gold Coast of Australia for the title of the world’s tallest all-residential building.
Amenities at the Princess Tower will include swimming pools, a gymnasium, a children’s day-care nursery, a sauna club, a prayer room and a private car parking area for each resident in addition to a luxurious reception area.