After more than three years on the drawing board, Nakheel has announced that it is to build a skyscraper that will be more than one kilometre high, the tallest in the world — but only minutes down the road from the current tallest building in the world, the Burj Dubai.

The tower will be the centrepiece of the Nakheel Harbour and Tower development, which is planned close to Ibn Battuta shopping mall on the Sheikh Zayed Road.
Industry insiders have said that the tower could reach as high as 1.4 kilometres when finished, making it almost double the height of Emaar Properties’ Burj Dubai, which is expected to reach over 800 metres when completed towards the end of next year.

Nakheel declined to disclose the cost of the tower, which has been designed by Australian architects Woods Bagot, or the overall value of the development, which will include 40 other towers of between 20 and 90 floors, along with a canal system and harbour.

“It will truly be a magnificent engineering feat,” said Chris O’Donnell, the chief executive of Nakheel.
Foundation work on the tower is already under way and is expected to take three years to complete.

Kilometre-high tower planned for Dubai - The National Newspaper