Tallest Twin Towers Part of Emaar Megaproject on Dubai Lagoon - Bloomberg:
"The world’s tallest twin towers will be the centerpiece of a new residential and business project in Dubai being developed by Emaar Properties PJSC (EMAAR) and Dubai Holding LLC.
The first phase will start Nov. 1 with the sale of 350 apartments in two smaller 40-story towers, according to the companies. Those buildings will take about 2 1/2 years to build, Emaar chairman Mohamed Alabbar told reporters today.
The companies didn’t provide a cost or a timeframe for the entire 6 million square-meter (65 million square-foot) Dubai Creek Harbour project or the buildings set to break the record held by Kuala Lumpur’s 88-story Petronas Towers. The two apartment buildings being constructed first are set to cost around 3 billion dirhams ($817 million), Alabbar told Al Arabiya TV in an interview."
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