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Cayan Tower opens with a bang and breaks world record

June 11, 2013 5:44 by



After a seven-year construction period, blemished both by the financial woes of 2008 and an unfortunate site flooding in 2007 (when one of the walls in Dubai Marina burst, submerging the construction site), the Cayan Real Estate Investment and Development Company was able to launch its AED1 billion Cayan Tower this week.

Formerly known as “Infinity” (to many residents, it’s the “twisty building”), the tower was inaugurated with its new name at a celebratory event – which showcased the first-of-its-kind 3D mapping projection on its 310-metre high structure – featuring a dazzling display of fireworks.

It also broke the record for the tallest twisted architectural creation in the world. Each floor of Cayan Tower is rotated by 1.2 degrees to achieve the full 90° spiral, creating the shape of a helix.

Company chairman Ahmed Al Hatti says the decision to rename the tower was a strategic one as there is already an ‘Infinity Tower’ in both Manama (Bahrain) and Brisbane (Australia) and he wanted his tower to be one-of-a-kind. “I like to describe it as my baby,” he says.

The 75-floor tower – which is the firm’s flagship property in the emirate – has already sold 80 per cent of its residential units and was designed by Skidmore Owings and Merrill; the same firm that designed the Burj Khalifa, the world’s tallest building.

For the time being, the 20 per cent of unsold units are not open for public purchase. Al Hatti says they are “in no hurry to sell” and will begin sales at an appropriate time.

“We are planning to open the rest for sale, but not soon, maybe after summer. It depends on the market. If we can see there is lots of hype, and lots of demand, then maybe we will open it. But there’s no rush to open it now,” he says.

 



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