A jewellery inspired 555 metre skyscraper is set to become the world's tallest residential building, second only in height in Dubai to the Burj Khalifa. 

Officially called Burj Binghatti Jacob & Co Residences, the 110 storey building is set to become one of Dubai's most eye-catching landmarks, inspired by the designs of luxury watchmaker Jacob & Co.

According to the building’s developer, the structure’s spires will be shaped like diamonds, creating a unique ornamental feature at the top of the building that will become a shimmering focal point in Dubai's skyline.

Apartments at the Burj Binghatti come at a price of around £2 million, giving way to views over Business Bay where it's located and the city beyond.

Each suite will have a jewel inspired name, with the focal being being the Billionaire Sky Penthouse, which spans two floors and has its own private lift and infinity pool.

As the price suggests, the high-end building is set to include a luxury spa, private club, and residents will even have access to various concierge services, such as butlers, chauffeurs, and housekeeping, according to Edge Realty. 

Also under construction this year in Dubai, the Burj Azizi is set become a centrepiece of Sheikh Zayed Road after its projected completion in 2028. 

If it reaches the proposed height of 725 metres, it would be the world's second tallest building, with over 133 floors. 

The Burj Binghatti faces competition from other super-tall residential towers, like the Six Senses Residences in Dubai which is expected to reach 517 metres upon its completion in 2028. 

Currently, Central Park Tower in New York is the tallest primarily residential building in the world, which stands at 472 metres.