01 September 2005

Bonyan International Investment Group, formerly DAR Consultants, has revealed plans to launch the world’s tallest hotel, adding another jewel to the impressive skyline of Dubai.

Once completed, Park Square Tower – a Dh4.4 billion ($1.97 billion) property – will move into the Guinness Book of World Records for being the tallest hotel tower and second highest tower across the globe reaching a height of 666 m.
“Centrally located in the prime business district and right close to Dubai’s upcoming Metro Station, the Park Square Tower – featuring 150 floors and 3,600 rooms – is scheduled for completion in 2010. A one-stop destination for entertainment, fine-dining experience, shopping and leisure facilities, this tower and the whole Park Square area will offer tourists and business travellers alike the best in luxury and comfort,” Bonyan group general manager Tariq Ramadan points out.
The Park Square Tower will soon be launched in partnership with KM Properties, a part of Al Rostamani Enterprises.
Though currently planned to be built as a complex comprising a series of hotels and furnished hotel apartments, which will be available for sale, the company says it is open to discuss opportunities with investors and hotel operators and could even consider having multi-franchise hotels in the same tower.
The company is also involved with several other projects such as the Furniture City, the International Real Estate Centre, Lagoon Plaza and Rose Rotana Suites.
Both Furniture City and the International Real Estate Centre are multi-billion dollar projects reflecting the future design direction of modern architecture that aim to put Dubai in the spotlight by world spectators, says Ramadan. “Furniture City will feature the world’s largest sofa and the Financial Real Estate Centre aims to set a benchmark of creativity by building the world’s largest globe.”
The Lagoon Plaza Tower is another unique project, which is already under construction in the new district of Doha. This project has already been nominated by the Guinness Book of World Records for being the tallest zig-zag tower in the world, he maintains.
Another new property developed by the Bonyan Group is the Rose Rotana Suites, the tallest furnished hotel suites tower in the world being built on Sheikh Zayed Road in Dubai.

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