The world's tallest tower, the longest driverless public transit
network, the largest illuminated advertising sign, to name a few. Now
Dubai, one of seven emirates making up the United Arab Emirates, is home
to another record: the tallest twisted structure in the world.
Cayan Tower, which spirals at 90 degrees from the bottom to the top,
was inaugurated on Monday with a spectacular firework display as it
stands in the Dubai Marina, a man-made harbour.
The 1 billion
dirham ($272 million) residential tower has 75 floors housing 495
apartments. Developer, Cayan Real Estate Investment and Development
Company, says 80% of the units have already been sold.
On a secondary market property website, a one-bedroom apartment carries a price tag of $435,000.
The structure stands at 307 meters high with each floor rotated by 1.2 degrees.
Construction on Cayan Tower, previously known as Infiniti Tower,
started in 2006 but soon after that a major flooding in the basement
caused a delay. The tower was set to finish in 2010 but then faced
another hurdle, the financial crisis in 2009.
The credit crunch forced many projects in the city to be put on hold or be scrapped altogether.
Dubai, whose economy relies heavily on real estate, saw property prices slump as much as 60% during that time.
But a recovery is well underway in the Emirate.
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I must go this place....
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