Property developer Tameer has delivered the AED1.5bn ($409m) Princess Tower in Dubai, UAE, for occupancy following four years of construction.
The 414m tower is located in Dubai Marina and is flanked by other major projects like The Palm, Burj Al Arab, Madinat Jumeirah and The World Island.
The 107-storey Princess Tower occupies an area of 37,410ft² and houses 763 apartments, including one, two, three and four bedroom apartments, in addition to duplex penthouse apartments overlooking the Palm Jumeirah.
The tower features 957 parking bays, indoor and outdoor swimming pools, car parking, eight commercial retail outlets, billiard and table tennis rooms, children’s play areas and gymnasiums.
The ground level features eight retail shops and the 97th floor features a recreational area.
Tameer president Federico Tauber said, "The handover of properties has already started and several residents have planned their moving in."
Princess Tower will be connected to the upcoming Dubai Al Sufouh Citadis Tramway, which will pass in front of the tower.
In May 2012, Guinness World Records recognised Princess Tower as the world’s tallest residential building.
Dubai already has a Guinness World Record to its name for the tallest building in the world – the 828m, 160-storey Burj Khalifa.
In August 2012, Tameer completed the construction of Elite Residence, a AED1.7bn ($462m), 381m residential tower in Dubai Marina.
Image: The 414m Princess Tower stands at 107 storeys and occupies an area of 37,410ft². Photo: Tameer.