Reaching New Heights: Select Group Acquires Pentominium, Set to Redefine Luxury Living in Dubai.
@Select Group Acquires @Pentominium, Set to Redefine Luxury Living in Dubai.
In a monumental move that promises to reshape the skyline of Dubai, Select Group has proudly announced the acquisition of the Pentominium Tower development, positioned to become the world’s tallest residential high-rise. This historic milestone marks the revival of a project that has long captured the imagination of architectural enthusiasts, bringing it back to life under the stewardship of one of Dubai’s premier real estate developers.
The Pentominium Tower, conceived in 2007, has stood as a symbol of architectural ambition and grandeur. However, like many ambitious ventures, it faced challenges during the global financial downturn of 2008, leading to its suspension. Now, with Select Group at the helm, this iconic project is set to reclaim its place as an emblem of luxury living and opulent design.
A Winning Bid for Brilliance
In a testament to the allure and potential of the Pentominium Tower, Select Group emerged victorious in a competitive bidding process, securing the development with a bid of 100 million USD. This substantial investment reflects Select Group’s commitment to transforming dreams into reality and redefining the standards of luxury living in Dubai.
Crafting a Marvel with Expert Partners
Select Group has assembled a dream team of industry experts to breathe life into the Pentominium Tower. Partnering with world-renowned entities such as engineering consultancy WSP, architectural powerhouse Woods Bagot, and esteemed interior design firm Mitchell & Eades, Select Group ensures a fusion of innovative design and technical excellence.
A Visionary Project
Rahail Aslam, CEO and Founder of Select Group, expressed enthusiasm about the venture, stating, “This project represents a culmination of our commitment to redefining the standards of luxury living. With the support of carefully selected partners and the Group’s vast track record for delivering projects, we aim to ensure the completion of this prestigious architectural marvel that will set a new benchmark for residential skyscrapers globally.”
Elevating Dubai’s Skyline
Mark Farley, Managing Director – Property & Buildings at WSP Middle East, echoed the excitement, stating, “This super slender tower will not only aim to stand taller than many of the World’s most notable residential developments; it will also occupy one of the last remaining plots in Dubai’s bustling Marina precinct.”
