Trump International Hotel and Tower

The Palm Trump International Hotel & Tower was a proposed skyscraper hotel and residential complex at the trunk of the Palm Jumeirah in Dubai. It was a joint venture between the Trump Organization and Dubai-based Nakheel, a government-owned company, and was announced on October 5, 2005. This building and other prestigious building projects throughout Dubai in late 2008 were never built, largely as a result of the global credit crunch. The project was officially cancelled by Nakheel in February 2011, and Nakheel opened Al Ittihad Park on the site in November 2012. History The Trump International Hotel & Tower was to be the first development from the Trump Organization in the Middle East. During the planning phase, Donald Trump stated "When I look at potential sites for real estate investment, I concentrate on 'location, location, location' – and this is the best location not only in Dubai but the whole of the Middle East." Christina Aguilera was booked to entertain guests at Trump's Los Angeles estate for the launch party on 23 August 2008. The joint venture of Al Habtoor Engineering and Murray & Roberts was selected as the preferred construction bidder in late 2007, and the estimated completion date was set to 2009 at a cost of . Foundation work started in August 2007. By 2008, the estimated cost had increased to . In late November 2008, the Trump International Hotel & Tower was one of three "landmark projects" to be delayed by Nakheel, as it was struggling with the global financial crisis.