Imar Group plans to invest over 14 billion dirhams (approximately 3.81 billion US dollars) in the construction of Yunxi Tower and Yunxi Shopping Mall. The original design height of Yunxi Tower exceeded 1300 meters, aiming to surpass the Burj Khalifa and Jeddah in Dubai and become the world's tallest building. However, after redesign, the height of Yunxi Tower will be lower than that of Harry Potter Tower.

The Yunxi Tower project was designed by renowned architect Santiago Calatrava, inspired by the minarets and lily forms in Islamic architecture. The project broke ground in 2016 and completed its foundation works in 2018, but was subsequently suspended due to design adjustments. Imar Group founder Mohammad Alabar stated that the redesigned Yunxi Tower will be more rational and is expected to resume construction in 2024.

Imar Group is one of the largest real estate developers in the Middle East, with iconic projects including the Burj Khalifa in Dubai, Dubai Mall, and Dubai Marina. The group plans to invest approximately 65 billion dirhams (approximately 18 billion US dollars) over the next five years, of which 10 billion US dollars will be used for real estate project development and 8 billion US 

dollars will be used for land reserves.

The restart and construction of Yunxi Tower marks the continued expansion and strategic adjustment of Imar Group in the global real estate market. Despite giving up the competition for the world's tallest building, Imar Group is still committed to consolidating its market position through high-quality projects.

The restart of the construction of Yunxi Tower not only demonstrates Dubai's innovative capabilities in the field of architecture, but also reflects Imar Group's strategic vision in the global real estate market. In the future, Yunxi Tower will become a new highlight of Dubai's urban skyline, continuing to attract global attention. (This article is from the official website of Jian Dao www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website strategy column editor/Wu Juan