Cayan Tower, formerly known as Infinity Tower, in Dubai was inaugurated this week with a number of the UAE's most prominent figures in attendance. The launch of the tower comes after the company received the Dubai Municipality's certificate of completion. Because other towers exist with the moniker 'Infinity' developers recently decided to rename the project Cayan Tower.
The $272 million, 1007-foot-tall residential high-rise has 495 apartments on 75 floors. 80% of the units have been pre-sold according to the developer, Cayan Real Estate Investment and Development Company. One-bedroom apartments are going for $435,000.