Given how the Dubai real estate market is doing these days, the fate of every single 400m+ tower proposed in Dubai since 2007 or so, and the outlook of Megatalls in general, I'd say its chances are pretty slim.I was under the assumption the tallest tower was one of the most likely megatalls we might get.
It seems like the threshold actually goes at 360 meters or so (ref. the timeline here - the only completed building taller than 360 m that wasn't under construction during the financial crisis owes its height to 80-meter spires), but it can be simplified to 400. The ones that make it seem to be residential towers just above the supertall mark, while the grander proposals stall and fail. Still the problem of over-supply of real estate lingers, so it remains to be seen whether any new projects on that scale will start up any time soon.anything under 400m has been doing great in Dubai. I was under the assumption Dubai recovered somewhat.
One can hope that it boosts middle Eastern tourism from other middle Eastern countries and investments from said countries not just America. It could potentially help Israeli skyscraper production as wellI imagine that this new Israeli peace deal might cause some sort of boom, as it should theoretically increase investment into the region from the US - not to mention the new trade links...
Exactly - and we can already see it being a boom for Israeli development with many new building plans being proposed for after the COVID craziness ends (which should happen sooner rather then later)One can hope that it boosts middle Eastern tourism from other middle Eastern countries and investments from said countries not just America. It could potentially help Israeli skyscraper production as well