On the other hand, that big lump of concrete isn't going anywhere, and there are no other plans presented for the site. They could feasibly wait for decades with this thing, and restart construction on relatively short notice. It's not like the site of Chicago Spire or Plaza Rakyat, where groundwater seepage made the foundations unusable within a few years. This thing is in a desert, so they could even bury the foundations and plant a park on top of it, and it would still be ready for construction to resume after a couple weeks of excavations. Even a villa district could be torn down within a few years. I'd say the tower is merely on hold until we either formally hear Emaar cancel it, until permissions are publically revoked, or until something substantial is built inside the site of the stayed cables.I think this party is over.
I'd say the construction of the Meydan One tower could catalyze the construction of this too. Meydan One would not be the tallest tower in the world - or even in Dubai - but it would have the highest observation deck, and take that record away from Emaar. It would draw tourists, ironically partially because it would have a nice view of Burj Khalifa from the outside. Emaar might decide it to be worth it to take the record back.The construction of DCT will restart when the Jeddah Tower will restart. Maybe in a decade, but mark my words, they will restart it then. Probably with an updated design, who cares.
My point is, Dubai isn't giving away its world record for the tallest structure anytime soon. If there's no competition for this title, then there's no need for them to compete with themselves.