Niki Lauda Twin Towers
UAE > Dubai > Business Bay > Zone A > A03 > Niki Lauda Twin Towers
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Details
Commercial Title :
Niki Lauda Twin Towers
Official Title :
Za'abeel
Type :
Free Hold
Development Number :
N/A
Registration Date :
N/A
Construction Started Date :
N/A
Completion Status :
Under Construction
Life Cycle :
Developing
Master Developer(s) :
Define Properties.
Launch Date :
N/A
Anticipated Completion Date :
N/A
Handover Date :
N/A
Special Classifications
Description
Niki Lauda Twin Towers:
- Several buildings are being constructed as part of the Niki Lauda Twin Towers project in Dubai's Business Bay.
- Define Properties is the project's developer.
- The project started in 2008.
- Al Hazmi & Associates Consultant is the architectural consultant.
- International Foundation Group is doing the foundation work, and Saqer Engineering & Contracting Enterprises is handling the main building work.
- German developer ACI planned a twin skyscraper construction in Business Bay with 29 and 26 stories in 2007, however, it was never built.
- Office and retail space were intended to be included in the project.
- In Dubai, ACI unveiled many structures bearing the names of famous people in 2007.
- These towers included Michael Schumacher Business Avenue, Boris Becker Business Tower, and Niki Lauda Twin Towers.
- Following the collapse of Dubai's real estate market in 2009, all three of the branded projects' construction was put on hold.
- In September of that same year, ACI Real Estate also filed for bankruptcy on behalf of four of its seven property funds.
| # | Title | Development | Developer |
|---|---|---|---|
| 1 | Niki Lauda Tower A | Business Bay > Zone A > A03 > Niki Lauda Twin Towers | Define Properties. |
| 2 | Niki Lauda Tower B | Business Bay > Zone A > A03 > Niki Lauda Twin Towers | Niki Lauda Twin Towers |
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