New 445m skyscraper to touch the skies in Dubai

2025 already sees launch of 700-meter plus Burj Azizi and 350-meter tall Trump Tower

Last updated: June 10, 2025 | 11:48

Manoj Nair, Business Editor

1 MIN READ

The Deyaar Downtown Residences will come up in Dubai's 'golden triangle' for super-tall structures.

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Dubai: Another super-tall Dubai tower is on its way, with Deyaar's latest set to rise to 445 meters in the Business Bay area. The 'Downtown Residences' will come up across 110 plus floors.

The project joins other recent launches such as the 'Burj Azizi', which will reach to 725 meters high, and the Burj Binghatti Jacob & Co. Residences, which aims for 550 meters plus.

Also Read: Height approved for Dubai's 'Burj Azizi' - world's second tallest tower

The cost of Deyaar Downtown Residences has not been revealed, but Deyaar has been pushing higher projects such as the 331-meter tall Regalia in Business Bay.

Deyaar calls the new project a 'vertical' residential community.

Situated adjacent to the Business Bay metro station, the tower will have 522 units - and an 'exclusive Royal Palace' right at the top. Apartment prices start from Dh1.8 million. (The price per square foot in Business Bay range from Dh1,250 to Dh2,400 and thereabouts.)

The areas on and off Sheikh Zayed Road have been witness to a spate of new tower launches, with the Burz Azizi and the more recent Trump Tower being the most prominent. And just this week, Meraas released the eye-catching 'Jumeirah Residences Emirates Towers', where entry prices are well upwards of Dh3.5 million and over.

"Investors can trust that Downtown Residences will be a vital part of Dubai's ongoing growth and development, aligning with the aspirations of the city and its vibrant community," said Saeed Mohammed Al Qatami, CEO of Deyaar Development.

Manoj NairBusiness Editor

Manoj Nair, the Gulf News Business Editor, is an expert on property and gold in the UAE and wider region, and these days he is also keeping an eye on stocks as well. Manoj cares a lot for luxury brands and what make them tick, as well as keep close watch on whatever changes the retail industry goes through, whether on the grand scale or incremental. He’s been with Gulf News for 30 years, having started as a Business Reporter. When not into financial journalism, Manoj prefers to see as much of 1950s-1980s Bollywood movies. He reckons the combo is as exciting as it gets, though many will vehemently disagree.