Dubai Marina Set to Host World's Tallest Residential Tower: Six Senses Residences
Project Relaunch: The Six Senses Residences Dubai Marina, known initially as Pentominium, has relaunched sales for what aims to be the world’s tallest standalone residential tower.
Height and Scale: The tower is planned to exceed 500 meters in height, with 122 floors and 251 luxury residences.
Pricing Details: Sales begin with prices starting at Dh5.8 million for a 2-bedroom unit, approximately Dh3,500 per square foot.
Development Stage: Currently at 25% completion, with full project completion targeted for 2028.
Historical Context: Initially launched in 2007, the project saw rapid sales before stalling due to developer issues.
Acquisition and Revival: The site was acquired by Select Group for $100 million in an auction last December, reviving the long-stalled project.
Luxury Branding: Now carrying the prestigious Six Senses brand, the project aims to capitalize on Dubai's booming luxury property market.
Property Market Trends: Off-plan sales in Dubai have seen strong performance, especially in branded luxury residences.
Developer Background: Select Group is noted for developing multiple high-rises in Dubai Marina and is pioneering significant projects in the area.
Competitive Landscape: The Six Senses Residences competes with Burj Binghatti Jacob & Co. Residences to become the world's tallest residential tower.
Units at the Six Senses Residences Dubai Marina — formerly the Pentominium — have gone on sale, starting from Dh5.8 million. And it's got plans to set a world record, too
The Dubai Marina skyline is poised to welcome what could become the world's tallest standalone residential tower—the Six Senses Residences Dubai Marina. This ambitious project, formerly known as Pentominium, marks a significant relaunch, with two-bedroom unit sales starting from Dh5.8 million.
With a towering presence of 122 floors and a height of over 500 meters, the Six Senses Residences is not just a residential tower, but a landmark in the making. Strategically located in the heart of Dubai Marina, it offers 251 luxury residences. Priced at around Dh3,500 per square foot, this property is a testament to the premium lifestyle it promises. With construction progressing at a steady pace, the tower is expected to be fully completed by 2028.
Initially launched in 2007, the development rapidly sold most of its super-luxury units before encountering significant delays and eventually halting. Once mired in developer issues, the site found new life after being purchased by Select Group for $100 million at auction last year. This purchase came during a renewed growth in Dubai's property market, particularly in the luxury segment.
Select Group, a veteran developing distinguished high-rises within Dubai Marina, has revitalized this project under the Six Senses brand. This branding aligns with the current trend of high demand for luxury branded residences. The Dubai property market has witnessed robust sales in off-plan properties, driven by local and international investors.
This renewed interest is part of a broader trend in Dubai, where iconic past projects like the Palm Jebel Ali have seen rapid sales following extensive redevelopment. Similarly, the Six Senses Residences is set to capitalize on this sustained interest in high-end real estate, potentially setting a new benchmark for luxury living in Dubai.
As the Burj Khalifa continues to hold the record for the world's tallest tower, the race for the tallest residential tower is heating up. The Six Senses Residences faces competition from the Burj Binghatti Jacob & Co. Residences, signalling a vibrant and competitive landscape in Dubai's skyscraper scene.