Jacob the Jeweler and a partner are looking to set a (very tall) record.
Watchmaker Jacob & Co. — of which Jacob Arabo is chairman and creative director — and Emeriati property development company Binghatti are collaborating to construct the world’s tallest residential building in Dubai, The Daily Mail reported.
When completed, the 1,550-foot tall, 100-story Burj Binghatti Jacob & Co. Residences hypertower will usurp New York’s 98-story Central Park Tower as the tallest residential building in the world, the outlet reports.
The building, which will be located in the middle of Dubai’s financial district, will have a crown of diamond-shaped spires, as well as five penthouses and luxe two- and three-bedroom residences, according to renderings.
Arabo told the Mail that the penthouses will consist of three types named for Jacob & Co. timepieces Fleurs de Jardin, Astronomia and Billionaire.
“As suggested by the name, the Billionaire Penthouse is the hypertower’s jewel in the crown,” Arabo said.
The building, which is shown in one rendering breaking through clouds, will also feature a concierge team that offers daycare, bodyguard, chauffeur and private chef services. It will also have a private club with an infinity pool, gymnasium, spa and a lounge area.
Muhammad Binghatti, CEO and head of architecture of Binghatti, said the partnership with Jacob & Co. is based on both brands’ “sheer desire to achieve what breaks boundaries.”
The project was unveiled on Nov. 19 in Dubai before an audience of thousands of people, according to Jacob & Co.’s Twitter account.
An opening date for the hypertower has not been announced.
Dubai is no stranger to luxury real estate.
A mansion on Palm Jumeirah island recently sold for more than $84 million, a record in the emirate.
— Ted Glanzer