Nakheel Harbour and Tower
Encyclopedia
Nakheel Harbour and Tower was a multibillion dollar real estate project planned in Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...

, United Arab Emirates
United Arab Emirates
The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...

. It was being built by the developer Nakheel
Nakheel Properties
Nakheel is a real estate developer in Dubai and creator of several land reclamation projects, including the Palm Islands, the Dubai Waterfront, The World and The Universe Islands. Its residential projects include The Gardens, International City, Jumeirah Islands and Jumeirah Lake Towers. Its...

, who once declared that the finished development will be the new, unofficial capital of Dubai. When completed, the project was expected to contain the world's tallest structure, the Nakheel Tower, and the world's largest inner city marina. The site was to cover approximately 270 hectares. The development and masterplan of the project are based on Islamic principles of design. The project was cancelled due to the Late-2000s financial crisis
Late-2000s financial crisis
The late-2000s financial crisis is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s...

.

Plans for the tower indicated that it would have been more than 1 kilometer high, with one report stating a height of 1,400 meters (4,593 ft). However, Nakheel never disclosed the structure's final height. According to Nakheel, it was to have more than 200 floors and about 150 elevators. In height it would have far surpass the world's tallest building, the Burj Khalifa.

Another 40 smaller towers were to stand in the area surrounding the main tower. The development would have also include promenades, part of the Arabian Canal, pedestrian bridges, and several forms of easily-accessible public transportation. Over 50,000 people were expected to live in the development if it were completed.

However, in January 2009, because of the Late-2000s financial crisis
Late-2000s financial crisis
The late-2000s financial crisis is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s...

, the tower was been put on hold, and was later cancelled. 18 months.

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