The artist impression of the Pentominium (form words penthouse and condominium) expected to be completed in 2013. It will ultimately define 'height of luxury living' to another level.

The artist impression of the Pentominium (from words penthouse and condominium) expected to be completed in 2013. It will ultimately define 'height of luxury living' to another level.

Dubai’s fascination of tall buildings continues unabated, with news that what is billed as the world’s tallest residential tower, the Pentominium, is to be built at the Dubai Marina.

The United Arab Emirates (UAE) is home to the soon-to-be-completed tallest building in the world, Burj Dubai.

The 1.46 billion dirham (US$400 million) contract to build the 124-floor residential tower has been awarded to the Arabian Construction Company (ACC), according to a company statement.

Developed by Trident International Holdings, the Pentominium is, in fact, projected to be the second-tallest building in the world after Burj Dubai.

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The 124-storey Pentominium – will be one of the world’s tallest man-made structures and is projected to be the second-tallest building in the world after Burj Dubai.

“Pentominium is a unique project that escalates the concept of luxury living to new heights and with construction major ACC on board, the project has joined a bouquet of brand partnerships we have forged for the development,” said Trident International Holdings executive director and CEO Wazir Daredia.

The Pentominium will be the tallest all-residential building in the world upon completion and it currently has the highest projected height of any residential building under construction, according to Aedas, the project designers.