Dubai Pearl
{{Use dmy dates|date=March 2023}}
{{WikidataCoord}}
{{Infobox building
| name = Dubai Pearl
| image =
| caption =
| status = Proposed (never completed and as of early 2024 fully demolished)
| antenna_spire =
| roof = {{convert|300|m|ft|0|abbr=on}}
| top_floor =
| floor_count = 73
| start_date = 2004
| est_completion = 2006 (originally). Eventually never completed and demolished
| opening =
| owner = Pearl Dubai FZ LLC
| floor_area = {{convert|1,850,000|sqm|abbr=on}}
| architect = Schweger Associated Architect
| developer = Al Habtoor Engineering Enterprises, and Leighton Contractors
| structural_engineer = e.construct
| main_contractor =
| website = https://www.dubaipearl.com/
}}
Dubai Pearl ({{langx|ar|لؤلؤة دبي}}) was a 73-storey, {{convert|300|m|ft|0|abbr=on}}, tall residential skyscraper project situated along Al Sufouh Road in Dubai, United Arab Emirates. The project was first announced in 2002.{{Cite web |title=Dubai Pearl demolition revealed in exclusive pictures, videos |date=23 January 2023 |url=https://www.arabianbusiness.com/industries/construction/dubai-pearl-demolition-revealed-in-exclusive-pictures-videos}} Construction was on hold from 2006 to 2022. As per reports, demolition work is ongoing at the site as of January 23rd, 2023.{{Cite news|url=https://www.arabianbusiness.com/diving-for-answers-what-s-happened-dubai-pearl--643596.html|title=Diving for answers: What's happened to Dubai Pearl?|work=ArabianBusiness.com|access-date=2018-10-24}} The building would have consisted of four mixed-use towers connected together at the base and by a sky bridge at the top. The structural design was carried out by the Dubai-based engineering firm e-Construct, and the project would have cost $4 billion (Dh14.6 billion). Had it been completed, Dubai Pearl would have accommodated 9,000 residents and its commercial sector would have employed 12,000 people.
Investment issues
Dubai Pearl was initially launched by Omnix Group in 2002. The project was then acquired by Tecom Group in 2007 and sold to Abu Dhabi Al-Fahim Group later that year, but progress stalled on the project since then.{{Cite web|date=2017-03-31|title=Investors still fighting for answers over long-stalled Dubai Pearl|url=https://www.arabnews.com/node/1077251/business-economy|access-date=2020-10-15|website=Arab News|language=en}} In 2014, Hong Kong-based Chow Tai Fook Endowment Industry Investment Development (CTFE) reportedly bought a $1.9bn share of the project, promising to restart the project later that year, though that never happened.
Demolition and redevelopment proposals
In July 2016, some witnesses reported on Twitter, showing images of the construction cranes on the project site being removed, and the complex remains abandoned.
Canadian businessman Michael Henderson has proposed Project Moon, a {{convert|900|ft|m|adj=on}} replica of the Moon paid for by Moon World Resorts Inc., which he co-founded. To be located on top of a circular {{convert|100|ft|m|adj=on}} building, it would include a 4000-room hotel and an area seating 10,000, and possibly a casino, and would give people the experience that simulates walking on the Moon. It would be lighted at night and the amount of light could vary, as with phases of the Moon.{{cite news|url=https://apnews.com/article/dubai-moon-project-real-estate-tourism-eee458d02c9785b5b2bd8ba6dd94b369|title=Dubai's next big thing? Perhaps a $5 billion man-made 'moon' as the city's real estate market booms|last=El Hajj|first=Nick|work=Associated Press|date=May 19, 2023|access-date=June 8, 2023}}
See also
References
{{Reflist}}
External links
- [http://www.dubaipearl.com Dubai Pearl official website]
- [https://thearabianpost.com/dubai-pearl-in-trouble-again/#:~:text=The%20star%2Dcrossed%20Dubai%20Pearl,of%20construction%20have%20been%20belied. Dubai Pearl in trouble]
{{Dubai skyscrapers}}
{{Future Dubai skyscrapers}}
{{Developments in Dubai}}
{{Supertall skyscrapers | under-construction}}
Category:Buildings and structures in Dubai Media City
Category:Unbuilt buildings and structures in Dubai
Category:Postmodern architecture in Dubai
Category:Residential skyscrapers in Dubai
{{UnitedArabEmirates-geo-stub}}