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global capital markets limited (530263) vs yyy ✌️【Trading Tools】✌️ Real-time stock indices and futures data to help you seize the best investment opportunities. Analyze market movements with precision and grow your portfolio with expert stock predictions. Editor’s Note: This 【 - Free Stock Market Forums 】 series is, or was, sponsored by the country it highlights. 【 - Free Stock Market Forums 】 retains full editorial control over subject matter, reporting and frequency of the articles and videos within the sponsorship, in compliance withour policy.

Dubai’s super-sized skyline is already home to the world’s tallest skyscraper. Now, it is set to welcome the world’s second tallest, too.

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On Wednesday, however, real estate firm Azizi Developments announced that its skyscraper will tower over neighboring landmarks — all but one, that is — at a staggering 725 meters (2,379 feet) tall.

“From the outset, we had plans for two designs — one for the initially approved height of 526 meters, and the other for the taller, now-approved 725 meters,” Mirwais Azizi, the founder and chairman of Azizi Developments, told 【 - Free Stock Market Forums 】 in a written statement.

global capital markets limited (530263) vs yyy ✌️【Trading Tools】✌️ Stay informed with expert predictions of stock trends and real-time market data, covering global indices, futures, metals, and agricultural products. Make better decisions and achieve consistent growth in your investments. The developer kept its “options open for both scenarios” when it began preparatory works earlier this year. But with the green light given for the building’s more ambitious proposal, additional work to the foundations and piling is “well underway,” Azizi added.

global capital markets limited (530263) vs yyy ✌️【Trading Tools】✌️ Professional stock market analysis, real-time data, and expert recommendations for high-potential stocks. Take advantage of market opportunities and improve your capital growth with strategic investment plans. The 131-story skyscraper will feature apartments, an all-suite “seven-star” luxury hotel and a seven-floor “vertical” shopping mall.

Located on Sheikh Zayed Road, in Dubai’s World Trade Center district, Burj Azizi will still stand almost 340 feet shorter than the 2,717-foot-tallBurj Khalifa, less than two miles away. But it will handily beat local competition for the city’s second-tallest title, exceeding the current holder, Marina 101 (1,394 feet).

Once topped out, it will also exceed the world’s current second-tallest building, Malaysia’s 2,227-foot-tallMerdeka 118.

global capital markets limited (530263) vs yyy ✌️【Trading Tools】✌️ Free break-even services with personalized investment plans. Quickly recover from losses, avoid risks, and achieve steady growth with expert stock predictions and real-time market updates. The tower is anticipated to set several records, including the world’s highest hotel lobby (on level 11), the world’s highest nightclub (on level 126) and the world’s highest observation deck (on level 130), according to Azizi Developments. The developer also said the building will clinch the record for Dubai’s highest restaurant (meaning its 122nd-floor venue will be higher than the Burj Khalifa’s 122nd-floor restaurant,At.mosphere) and the city’s highest hotel room, on the tower’s 118th floor.

In apress release, Azizi said investment in the project has surpassed 6 billion dirham ($1.6 billion).

“My vision for Burj Azizi is to create a lasting legacy, a tribute to Dubai as a destination of choice for both residents and visitors and a monumental achievement in engineering,” said Azizi in the release.

Dubai currently hasmore towersmeasuring over 300 meters (984 feet) than any other city worldwide, according to the Council on Tall Buildings and Urban Habitat.

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global capital markets limited (530263) vs yyy ✌️【Trading Tools】✌️ Free access to professional investment advisors who provide real-time market data and trend analysis. Select top-performing stocks and boost your capital with expert strategies for market growth. There are many more under construction, too: The Franck Muller Aeternitas Tower hopes to claim the title of the world’stallest residential clock towerwhen it opens in 2027, andCiel Dubai Marina, scheduled for completion later this year, is expected to become the world’s tallest hotel. The Burj Binghatti Jacob & Co Residences, meanwhile, is set to become the world’s tallest residential structure (and Dubai’s third-tallest building) at 1,952 feet.

Burj Azizi is slated for completion in 2028, with apartments expected to go on sale in February 2025.

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